Mr. Speaker, I appreciate the question. It is something I failed to touch on during my speech.
Indeed I have heard from young people who are very concerned about the structure of the millennium scholarship fund because it does not treat all students equally. It does not seem to recognize that many students will come out of school with staggering levels of debt, some of them $25,000 a year.
We have seen debt levels go ever upward in the last several years. I think the young man is very level headed when he says that money should be used toward paying down debt. I think that is an excellent suggestion, recognizing that perhaps the real fiscal dividend will be the interest saving when we do actually start the process of paying down debt. That is the real fiscal dividend.
One of the things the government does not address in terms of education is that when people benefit from a program like a millennium scholarship fund, so many of them just disappear to the United States. We have a situation where the millennium scholarship fund turns out to be a subsidy for companies like Microsoft that come along and scoop up a third of the graduating class at Waterloo University. So we have to do something about that side of it. We need to ensure there are jobs in this country, that they are well paying jobs and that they are ones where taxes are not so high that they drive away the brightest and the best.