University graduates

CAPPING OF UNIVERSITY GRADUATES IS UNIMAGINATIVE AND A GROSS MISTAKE

Mr Yeoh said Singapore’s education policy was very similar to America’s yesteryear one, where it was thought that their universal education policy was producing too many graduates which would lead to unemployment and dissatisfaction. This was later proven to be false.” This is what I find to be arguably, somewhat “defying logic” – for decades our public universities reserved 20 per of the first year undergraduate admissions for foreign students (recently reduced to 16 per cent).

After including permanent residents (PRs) and post-graduate students (the greater majority of which were non-Singaporeans) – the estimated percentage of non-Singaporean students in the public universities’ total enrollment was about 35 per cent. Are there any countries in the world that has so many foreign students in their public universities – the majority of whom are on tuition grant or scholarships, etc – which has been estimated to cost about $400 million a year?

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HR OF CIVIL SERVICE ONLY WANTS NUS AND NTU GRADS?

I am writing to voice my displeasure over some civil service HR department to what I feel is a very discriminatory practice. This is about the hiring of fresh graduates. I notice that the HR of civil service are only really open to graduates that comes from the NUS and NTU.

I know that NUS and NTU are the crown jewel of the Singapore education system. But, for those students who did not make it to the top two local universities, we still try hard to earn that degree through sheer hard work. It does not mean that if our degree comes from a private university, or a foreign university, or even the other local universities , we are less capable. Maybe it took us a longer and different route to reach the degree path, but we study just as hard.

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HIGHER STARTING PAY FOR GRADS NOT ENOUGH, WHAT ABOUT NON-GRADS?

Most of the unhappiness from the higher starting pay news is that this is still not enough for the young graduates, not enough for them to save quickly and get BTO, or even going through daily expenses. And these are salaries of about $3,500 or above. But those without university degrees? Let's say ITE graduates, or even poly graduates. Their starting salary definitely won't be as high as $3,500! So, if these graduates already complaining $3,500 not enough, then what about these non-graduates?

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GRADUATES REAL STARTING PAY DECREASED 2% LAST 9 YEARS?

About 80.2 per cent of the graduates in the labour force secured permanent full-time jobs, a dip from the 83.1 per cent in 2015. According to the Singapore Yearbook of Manpower Statistics 2014 (page H30) – the median gross monthly starting salary of university graduates in full-time permanent employment was $2,750 in 2007.

Graduates’ real starting pay declined 2% last 9 years? Does this mean that their starting salaries increased by about 22 per cent ($3,360 divided by $2,750) in the last nine years? Since inflation was about 24.2 per cent from 2007 (CPI 79.65) to 2016 (CPI 98.932) – does it mean that in real terms – their starting salaries declined by about -2 per cent (24 – 22%) in the last nine years?

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MOE FINALLY TRYING TO RECOVER HALF A BILLION DOLLAR LOANS GIVEN TO SCHOLARS

MOE is finally going to review all their long-overdue university tuition fees loans, after being flagged by the AG earlier on their failure to promptly follow up on the outstanding loans. The loans amounted to over half a billion dollars.

The review is supposed to be done by June. So far, MOE had only finished reviewing 20% of the outstanding loans since September. Also in the AG report, Nanyang Poly was taken to task for allowing the use of the name of a registered charity to solicit donations for needy graduates, which was unauthorised.

Wonder why this issue was not trumpeted more in the media. Maybe because of the loans being handed out to scholars who would one day run the media themselves? Future prospects, better not tarnish their reputations. And news reported only when MOE getting their act in order, so can say, we take action immediately.

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