Real Tuition fee increased 4.1% pa
… 1987 Tuition fee $1,200, has increased over the years to $8,250 to $30,200 (Medicine/Dentistry) in AY2022/2023 – an increase of about 5.7% pa, in 35 years?
https://www.nus.edu.sg/……/adm……/ugtuitioncurrent.pdf
Inflation 1.6% pa
Note: Inflation was about 1.6% pa from 1987 (CPI 58.401) to 2022 (CPI Jun 101.9)
https://data.gov.sg/……/consumer-price-index-annual……
So, the real increase was 4.1% (5.7 – 1.6%)
0.2% Real increase in govt spending
… Real increase 0.2% pa Govt spending per university student last 33 years vs 4.1% pa real increase in tuition last 35 years?
In this connection, GOVERNMENT RECURRENT EXPENDITURE ON EDUCATION PER STUDENT – University: 1.8% pa increase (real increase 0.2%) from 1987 ($11,993) to 2020 ($21,538)
https://data.gov.sg/……/government-recurrent……
… 78.7% non-S’porean post-graduate students?
What is the total cost to taxpayers in funding the tuition grants, scholarships, course fees subsidies, etc, of having arguably, so many non-S’porean students, in all the public educational institutions in S’pore?
