Worldwide college students outearn Canadian-born grads in prime Canadian college, examine finds…
Worldwide pupil graduates from the College of Waterloo earn extra, on common, than their Canadian-born counterparts, in keeping with a latest examine.
To reach at this conclusion, economists on the College of Waterloo checked out pupil data from the college, immigration information from Immigration, Refugees, and Citizenship Canada, and T1 earnings tax returns from the Canada Income Company.
Uncover your choices to check in Canada
They discovered that the earnings of Waterloo’s worldwide pupil graduates exceeded not solely Canadian-born graduates from the identical college, but in addition Canadian-born college graduates nationally.
Particularly, worldwide college students who graduated between 2017-19 earned 37% extra: a mean of $57,500 one yr after commencement, in comparison with their Canadian-born counterparts who had been incomes $42,000 per yr on common.
The distinction within the median earnings of those two teams is even bigger: $56,400 versus $38,700, a 46% distinction.
Furthermore, over the primary 13 years of their careers, worldwide graduates’ salaries outpaced these of Canadian-born graduates.
Particularly, the typical earnings after 13 years are nearer to $120,000 for international born PR graduates, and between $100,000-120,000 for worldwide college students in comparison with $100,000 for Canadian-born graduates.
The examine’s authors steered that the upper earnings could possibly be attributed to the growing financial returns of levels in know-how and engineering, fields the place UWaterloo’s worldwide college students are predominantly concentrated.
The College of Waterloo is thought for its concentrate on know-how and engineering, attracting a various pupil physique from around the globe thinking about these fields. Additionally it is recognized for its in depth co-op program that enables its college students to get sensible expertise. It ranked #115 within the QS World College Rankings 2025, inserting it among the many prime 5 universities to make the listing in Canada.
The findings appear to be in-line with earlier analysis that means immigrants have higher schooling and financial outcomes. A examine by Statistics Canada earlier this yr revealed that newcomers who initially settled in Canada as kids usually tend to pursue increased schooling.
Furthermore, after the age of 25, their median wages additionally equalled or surpassed the median wage of Canadian tax filers in the identical age bracket.
The examine by College of Waterloo economists additionally discovered that roughly 70% of worldwide college students who attend the College of Waterloo wind up changing into everlasting residents. That is greater than double the nationwide common.
Uncover your choices to check in Canada
Leave a Reply
Want to join the discussion?Feel free to contribute!