Worldwide pupil graduates from the College of Waterloo earn considerably greater than their Canadian-born friends, a current research reveals.
The analysis, carried out by economists on the College of Waterloo, analyzed pupil data, immigration information, and earnings tax returns to match the earnings of worldwide and Canadian-born graduates.
The research, printed by CIC Information, highlights that worldwide pupil graduates from the College of Waterloo earn, on common, 37% greater than their Canadian-born counterparts.
The evaluation lined graduates who accomplished their research between 2017 and 2019. Particularly, worldwide college students earned a mean of $57,500 one 12 months after commencement, in comparison with $42,000 for Canadian-born graduates from the identical college.
Findings reveal that the earnings hole between worldwide graduates and Canadian-born graduates is much more pronounced when evaluating median salaries.
The research discovered that the median earnings for worldwide college students one 12 months after commencement was $56,400, whereas their Canadian-born friends earned $38,700, a distinction of 46%. Over the course of 13 years, the hole remained important, with worldwide graduates incomes between $100,000 and $120,000, in comparison with $100,000 for Canadian-born graduates.
The authors of the research recommend that the upper earnings could also be linked to the rising demand for levels in expertise and engineering, fields the place lots of Waterloo’s worldwide college students specialize. Waterloo is thought for its robust give attention to these areas, which frequently result in high-paying job alternatives after commencement.
Stories inform that the College of Waterloo’s popularity for expertise and engineering packages is a key think about attracting worldwide college students. The college’s in depth co-op program, which gives college students with sensible expertise whereas finding out, is one other main draw. Waterloo’s co-op program permits college students to achieve invaluable work expertise, making them extra aggressive within the job market upon commencement.
Waterloo’s total tutorial standing can be a think about its enchantment to worldwide college students. The college ranked 115 within the QS World College Rankings for 2025, putting it among the many prime 5 universities in Canada. This rating, mixed with the college’s give attention to career-oriented training, helps clarify why many worldwide college students from Waterloo go on to profitable careers.
The research additionally discovered that a big proportion of worldwide college students on the College of Waterloo select to remain in Canada after commencement. Round 70% of those college students change into everlasting residents, which is greater than double the nationwide common for worldwide college students throughout Canada.
This statistic highlights the rising pattern of worldwide graduates selecting to stay in Canada to construct their careers, additional contributing to their greater earnings over time.
These findings align with different analysis exhibiting that immigrants and worldwide college students are likely to have higher financial outcomes in comparison with their Canadian-born counterparts.
CIC additional experiences {that a} research carried out by Statistics Canada earlier this 12 months discovered that newcomers who settled in Canada as kids usually tend to pursue greater training. Moreover, by the age of 25, their median wages usually surpass the median wages of Canadian tax filers in the identical age group.
