Several Canadian high-tech CEOs think Ontario University graduates should have to reimburse taxpayers if they studied here with the heavily subsidized tuition and left immediately to get jobs in the United States. In particular, University of Waterloo software engineer graduates are in high demand in Silicon Valley. Students of various degrees are also flocking to California, New York and Boston because the salary and perks are much better. Meanwhile in Canada, tech companies are having a tough time competing and getting new talent. In Canada, software engineers get paid $60,000-100,000 while in the United Stated they’re getting paid as much at $200,000.
They want these graduates working in the States to pay back the subsidized part of the tuition to the government so that they can invest and put the money back into Canadian tech companies, to be able to fund and pay their own new talent. But should this be the same with other fields? Doctors? Lawyers?
Should graduates need to pay back the subsidized part of their Ontario tuition if they moved to the States? Should Canada’s high tech industry face up the fact that they’re not paying them well enough? If we cant compete we cant compete?
Do you have a job that would pay much more in the States?