Higher education in British Columbia
In the report, "Campus 2020: Thinking Ahead", the creation of a Higher Education Price Index is recommended to reflect education costs so that each institution can set its own tuition levels independently, but subject to the limits imposed by the provincial government. Regarding the issue of funding higher education in British Columbia, "research-based allocation" of resources will increase the efficiency of these funds. In relation to the system, more funding is necessary to focus on the specific targets of post-secondary achievement by progressively introducing outcome and performance measurements and accountability into the budgeting process.
University of British Columbia
UBC again increased tuition by 30% in the 2003–04 year, again by approximately 15% in the 2004–05 season, and 2% in the 2005–06 and 2006–07 years. Increases were lower than expected because, in the 2005 Speech from the Throne, the government announced tuition increases would be capped to inflation. In 2006–07, the Canadian average undergraduate tuition fee was $4,347 and the BC average was $4,960. In 2014, the Board of Governor passed a one-time 10% tuition increase for all new incoming International students. In December 2015, UBC's Board of Governors passed a motion increasing international tuition by more than 46.8% for the academic years 2016–17, 2017–18, 2018–2019. This announcement was met with indignation by many of the University's students as this was the second major increase in international tuition in less than a year, taking total international student tuition fee increases to above 60% within 4 years (minimum international tuition will be benchmarked at $35,071 CAD in the year 2018–19).