As for UTM students as well other university/college students, they are getting a free ride with the cheap fare they are pay compared to what I and others had to pay going to university. If it weren't for the students, bus service on Dundas would be poor west of Erindale Station as well as the lack of the 110 service, especially to Clarkson GO Station, that should be scrapped due to poor ridership. Even the service east of Hurontario would see higher headway than today regardless of whether it needs to be better now. or yesterday.
You also got students going to Sheridan College in Mississauga and Brampton that has call for better bus service on various routes
I have heard the issues surrounding UTM like buses are full, are late, don't show up at all, it takes too long to get to/from it, poor service on the weekend and the list goes on. Those who pay taxes and need to get to/from work get some benefits in better service with the students using the system and they are the ones who pay for the free ride on the system by the students in the first place,
At this point of time, ML is talking to TTC and the City on the BRT ROW on Dundas as it will help various TTC routes, but it will affect TTC riders who may have a longer walk to a stop. There is no timeline for the Toronto section nor funding of it as far as I know.