The book is essentially an insider expose on the federal liberals in power. A substantial section of the book is dedicated to the deficit obsession of Finance Minister Paul Martin. At any rate, the insiders view of a budget is truly fascinating. So I wonder what happened on the inside with this year's budget, announced last Tuesday. The budget is clearly an election budget with lots of presents for the feel good sectors.
Education is no exception.
We got infrastructure money, some reasonable tax benefits and an extension of the interest relief program. However, there was one rather odd inclusion. Students would be able to choose between current repayment arrangements and a repayment schedule tied directly to the individual's income. Tailoring payments to individual circumstances would make the debt more manageable. Of course, Ontario has been promising an ICR since the election.