Sunday, April 04, 2010

Should we cut education subsidies in Malaysia?

What are the items that the Malaysian Government is currently subsidizing? And, should these subsidies be removed? Why is the government subsidizing these items? To ensure that the prices of these items are low so that the people in Malaysia can afford to purchase them. It must be noted that subsidies are usually for the bare essentials.

Education - how much is each student subsidized? At primary schools? At Secondary schools? At Universities locally? At Universities overseas?
- Subsidies ensure that all students only need to pay a nominal school fee/exam fee & school books are also provided free. [You want more books - buy it. You want some private school, where you pay fees of RM2,000 per semester - go ahead.] 
- Should education subsidies be removed? NO
- Maybe, we should cut down subsidies/monies spend for those going overseas for education - given the fact that Malaysia today has more than sufficient local universities. Maybe, the courses should be restricted to those not available locally - and maybe for post-graduate degrees only. It is far cheaper to hire top grade professors to teach at local universities than sending hundreds thousands of students overseas...


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