Ryerson Commerce Society looking to pick business students’ pockets with 200% fee increase

Somewhere in North York, Ted Rogers is rolling over in his grave. The Ryerson Commerce Society, representing 6,000 business students in the faculty named after Mr. Rogers, will be asked from March 2–5 to approve a fee hike which would bring their fee up to $60 per student. This represents a tripling of the current $20 RCS fee. According to the Eyeopener, this will amount to a $170,000 windfall for the RCS. Other estimates put the boost closer to one quarter of a million dollars, leaving the RCS executive members with a total of $360,000 dollars to control. Either way, this move is likely to rub business students the wrong way.

According to the RCS constitution (Article 6), any fee increases must be approved by the membership via referendum by November 15 in order for those fees to be implemented in the following year. The University’s Board of Governors must also approve the fee.

This massive fee hike not only directly affects business students, but is also of concern to all Ryerson students given that many of the architects of the fee hike are vying for control of the Ryerson Students’ Union. Five members of the RyeChange slate are outgoing members of this years’ RCS board, including presidential candidate Abdulla Snobar. The others include: Jordan Becker, Naeem Hassen, Aishah Nofal, Natasha Williams. Only one RyeChange candidate from the faculty of business is not currently affiliated with the RCS board. None of the business candidates from the major competing team, Undivided, are members of the RCS board.

Observers see the timing of the announcement of the fee hike as somewhat curious. With the RSU election freshly underway, disgruntled business students may seize the opportunity to voice their opposition to the massive RCS fee increase by rejecting the RyeChange ticket. Time will tell.