I know the department said that it would have cost $300,000 to grandfather everyone. I think that I would point out that not everyone would have had to start paying back their loans immediately, so I doubt that the $300,000 would have happened in the first year. It would have been something that maybe would have happened over a period of time. I would be surprised if this $219,000 would not have pretty well covered the cost of grandfathering those students, who I do not think were treated very fairly in the change to the new program.
Charles Dent on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 28th, 2001. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
February 28th, 2001
Page 1359
See context to find out what was said next.