Actually we are making money from these foreign students.
No doubt, the government give tution grant for the foreign students...but these foreign students have to remain here for 6 years in total.
Which means they have to spend their money in singapore for straight 6 years.
If they find Singapore is a good place, they stay here for good.
As for no. of sg students going overseas to study is still lesser than foreign students coming here. The percentage is too insignificant if you compare the no. of foreign students coming in.
Most sg students went overseas study are usually for degree or masters.
but
you compare the number of foreign students coming over to Singapore....it starts all the way from primary to uni.
IMHO, in the long run, we are still 'profitable' from milking these foreign students.
:lovegrin: :lovegrin:
I am very sorry, have to wake you up from your dream. There is no milk, in reality, you are the milk provider.
You are providing a service at a price well below the costs. Check the Republic Poly’s website, and you will know how much milk you give to these overseas students.
These foreign students also enjoy concession rates. How much money can you make out of their daily expanses?
How many bowls of Mee Pok you have to sell to them in order to break even?
“As for no. of sg students going overseas to study is still lesser than foreign students coming here. The percentage is too insignificant if you compare the no. of foreign students coming in.”
The percentage is too insignificant? Let me make it significant for you.
Total no of students enrolled in NUS, NTU and SMU is 12,800 in yr 2006.
20% = 2560 foreign students.
No of Sg Students in Australia doing Higher Education (Note: Australia alone only hor!):
Yr 1998: 16,509
Yr 1999: 19,207
Yr 2000: 20,866
Do you still find these figures insignificant?
You are not only giving milk to Foreign students in Singapore, you are also giving milk to Australia; UK and US.
Do you know how many SG students did not come back after their studies?