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Tuition in singapore is now a billion-dollar industry
An honorable member of the Coffee Shop Has Just Posted the Following:
TUITION IN SINGAPORE IS NOW A BILLION-DOLLAR INDUSTRY .node-article .field-name-link-line-above-tags{float: right;}.node-article .field-name-ad-box-in-article {float: left;margin: 15px 15px 10px 0;}.node-article .field-tags{clear: both;} Post date: 10 Nov 2014 - 1:24pm From ‘$1 billion spent on tuition in 1 year’, 9 Nov 2014, article by Theresa Tan, Sunday Times Singapore’s tuition industry is now worth more than a billion dollars. The latest Household Expenditure Survey found that families spent $1.1 billion a year on tuition – almost double the $650 million spent a decade ago and a third more than the $820 million spent just five years ago. The Department of Statistics, which polled more than 11,000 households between October 2012 and September last year, released the latest survey in September. The average household spending on tuition rose from $54.70 a month 10 years ago, to $79.90 in the latest survey. The department told The Sunday Times that along with spending more, there were also more households in the latest study – 1.2 million compared with 993,000 a decade ago. Some parents are known to pump in almost $6K a month on tuition for their kids. That’s more than what the average household spends on food ($1188/mth), transport($811), clothes/shoes ( $156) and recreation, including holidays, ($292) COMBINED in 2012-2013 (12 interesting trends about Singapore household income and spending, Sep 18, 2014, ST). Now a billion dollar industry that has naturally spawned copycats and scammers, this amount speaks volumes about how tuition has taken precedence even over some of the bare necessities of life for some Singaporeans. We are no longer just a Tuition Nation. We are tuition JUNKIES. All this despite PM Lee’s assertion that the PSLE is not the be-all and end-all in 2012, and after the Ministry ceased announcing top scorers in the exam. This year, PM Lee again reiterated that there’s ‘too much tuition’ going on in Singapore, quite the understatement really. In 1981, tuition was already a million-dollar ($52 million) goldmine, with parents spending up to $125 a month. A 2009 survey revealed that 85% of students between 13-19 spend FOUR HOURS per week on tuition, that’s excluding hours spent on CCAs. The number of tuition/enrichment centres also jumped from 750 in 2012 to 850 this year. And that’s counting only those registered with MOE (Tuition seen as ‘necessity’ for students to do well, 2 Sep 2014, ST), and excluding private tutors. How many are out there under the Ministry’s radar operating out of a house in Lentor? How many are earning big bucks like millionaire super Physics tutor Phang Yu Hon? ( The other lucrative subjects taught by super-tutors are JC economics, Math and General Paper). If you’re an aspiring tutor aiming to bank on this national addiction, you’ll never get anywhere teaching Geography or, god forbid, Literature. In fact, there are so many centres business owners have to resort to bad spelling to differentiate themselves, like Beautyful Minds . Some are not even just ‘classrooms’ anymore. We have ‘STUDIOS, HUBS, LABS and MUSEUMS’, and there are centres that even decide the career path of your kids before they complete primary school, like Little Professors. Or those that promise to groom you into a business powerhouse through ‘leadership skills’. Some parents even go out of their way to attend courses themselves on how to get their KIDS to ace the PSLE. You’d be a total disappointment to your tuition-happy parents if you grew up to be a ‘hawker-preneur’, boy. But it’s not just the traditional subjects (Mandarin, Maths, Physics) that require tuition. We have tuition for pre-school, tuition for sports, and tuition for ABACUS. I mean, who needs a calculator or a smartphone if you have magic BEADS to perform your daily practical arithmetic, like finding out how much Mommy spends a month sending you to enrichment classes, or counting the number of precious hours of your miserable life slipping away when you could be out there in the sun learning how to ride a bike or knowing what flowers really smell like. Or if you’re the kind who actually begged your parents for tuition, the hours wasted in that useless institution known as SCHOOL. Everything Also Complain *The author blogs at http://everythingalsocomplain.com Click here to view the whole thread at www.sammyboy.com. |
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