Ontario colleges could be facing a financial crunch unless something is done.
That warning is in a new report by PriceWaterhouseCoopers.
The report says by the year 2025, the college sector is looking at a $1.9-billion deficit.
The report also offers some solutions including a tuition increase, staff cuts and more on-line courses to help offset declining enrolment.
At Windsor's St. Clair College, Vice-President of Communications John Fairly describes it as a wake-up call for the province and colleges. "It's our 50th year of the college, so if this isn't addressed in the 2017 budget, how are we going to sustain the college education for the next 50 years?"
Fairly says while colleges need to do their part, he expects the province to step up as well.
He describes colleges as "big machines with high costs" including a $300,000 a month utility bill at St. Clair College alone.