In 2024, the forecast for average expenditure per household on other post-secondary tuition fees in Canada is CAD 284.17, down from CAD 286.50 in 2023. This trend reflects a modest decline of approximately 0.82% year-over-year from 2023 to 2024. Further year-on-year declines are projected with expenditures reaching CAD 273.98 in 2028, showing a compounded annual growth rate (CAGR) of approximately -0.92% from 2024 to 2028.
Future trends to watch for:
- Shifts in policy or funding for post-secondary education could impact household spending.
- Emergence of online and less costly education alternatives.
- Economic factors influencing household disposable income.