Quote:
Originally Posted by lazyplane
Just wondering, , if daughter is TOP student at TOP JC, really there is no worry. I know medicine is a bit tough for females to get in, but others are not too bad. Anyway for medicine,law and accountancy , what is wrong with choosing local university ? In fact, I feel there is some advantage for local uni grads because your degree is recognised without a doubt for employers in singapore.
As for getting a scholarship, well it is quite true you have to be good to get overseas education because it is costly and can come up to $0.5million for just a degree including living expense. However, i think her daughter is still wrong to blame the father for not wanting to spend this money on her. Why ? because if you cant beat the local people here to gain the scholarship, what makes you think you can beat an international base of scholars overseas ? And graduating without a good degree from an ivy league university is worse than graduating first class from our local university.
That is my view anyway. And i will also not spend that kind of money because i think the marketing by these university have been oversold. I believe those who are really smart and successful may not even want to do a degree anymore.
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Getting into medicine at
NUS is very difficult. In fact, much more difficult than getting into medical school in the UK and could be as hard as getting into Harvard. So being a top student in a top JC is definite not "no worry". The issue isn't having a recognized degree, but a top degree.
The best employer in Singapore is no longer necessarily the Government or local firms, but the top international firms. Do you think that a foreign bank will employ a
NTU accounting graduate as readily as a Wharton graduate? Do you think a top international law firm will hire a
SMU Law graduate as readily as a Harvard or Cambridge Law graduate?
As for scholarship, if the father can afford the $500K, why deprive some other poor person of a scholarship? Besides, its not really a true scholarship because Government scholarships comes with forced servitude in the form of a bond. Even medical doctors are known to commit suicide over the slavery to their bonds. For some bright people, enforced work for some inept Government agencies can be torture. But yes, she is still trying for a Government scholarship even though she knows she will be bonded. Foreign universities used to give out bond-free scholarships, but these have dried up due to the global financial crisis.
But you've actually hit the nail on the head as the father thinks very similarly to you. He says that if he made it to MD at a local bank with a local degree, why should he pay for his children's foreign degree. My view is that if he can afford it he should do it because Singapore has changed and people with good foreign degrees have an advantage in life. But his nature is to be a scrooge and he won't do it. He can't take all the money with him to the grave so why not spend it on his child's dreams. I suppose with four kids, he can afford to have one of them hate him.