| ent"> | | | | temporary and variant, but higher education is |
| Education increases a person’s ability to | | | | compulsory to enjoy a better life when the downturn |
| comprehend issues better with a better outlook. It | | | | fades out |
| also increases the perspective of a person. The result | | | | If acquiring a degree requires three long years of |
| is that the person’s ability to seek information | | | | investment of time and money, it is bound to scare |
| for itself and look for literature for better alternative | | | | the students. However, students can avail of student |
| ideas improves considerably. | | | | loans from the various banks today and start |
| | | | studying for a higher degree course. In the three |
| Back to School? | | | | years' time, they would get enough time to prepare |
| In this economic crisis what we need is to plan our | | | | and ready themselves for a job after the completion |
| finances for long term achievements. Students | | | | of the course. By the time they will finish their |
| increase their future opportunities for better salary | | | | degrees, the recession is going to be over and there |
| packages and better prospects only after further | | | | will be enough jobs for them to grab and make it big! |
| education. Good career has roots of a good | | | | Students, however will have to be more conscious |
| educational background. Higher education not only | | | | about their financial situation. Several finance |
| improves the remuneration figure but also gives an | | | | companies offering loans which are to be repaid only |
| individual job satisfaction and expand his or her | | | | when they start earning over 15,000 GBP and the |
| business network as well. A good quality graduate | | | | repayments start at 5 GBP per week, favor the case |
| education helps to improve not their personal | | | | of students. Student debt, hence is one of the |
| progression as an individual, but are highly beneficial to | | | | safest loans to opt for, while the best fight against |
| their organization and even at a national level as well. | | | | the recession is to opt for higher studies. |
| This is especially so in countries like Singapore, | | | | Furthermore, the success lies in taking advantage |
| Sweden and Finland where human capital | | | | over those who have wrong reasons and ideas |
| development are their main competitive asset in the | | | | against further studies. |
| global economy. Education should not be considered | | | | We can overcome! |
| as a means to an end but as means to enrich their | | | | Lastly, The Tripartite Centre for Fair Employment has |
| lives and of those around the. | | | | given the WPP agency a plan to transform the |
| | | | approach of employers to adopt fair and |
| Graduate Education is worth far more than for a | | | | merit-based workplaces. The WDA has also |
| fiscal reason. | | | | structured the WPP agency to craft a national |
| In tough economic situation like today, people sound | | | | education campaign to give confidence to |
| miserable when they talk about recession they are in | | | | Singaporeans so that they do not hesitate to enter |
| reality deceiving themselves by promoting negative | | | | further education. This is to boost their morale and |
| views on how the economic turmoil is devastating | | | | get ready as employment is supposed to rise above |
| peoples’ life and this prediction is actually | | | | 3 million by this year itself! WDA also launched a |
| stopping them living their lives. But they must | | | | series of graduate diplomas and post graduate |
| understand the fact that it is precisely in times like | | | | diplomas under the Professional Conversion |
| this that the more qualified you are the better it is | | | | Programmes (PCP) which helps Professionals, |
| for your career. To say that education is not worth it | | | | Managers, Engineers and Technicians (PMET)s to |
| in this financial climate proves how short sighted we | | | | explore career switches and advancement. |
| are. The need of the day is to educate individuals so | | | | |
| that similar recession can never recur. The value of a | | | | So exactly how much value can be placed on further |
| quality graduate education ranks much higher in the | | | | education today? |
| mind of prospective employers, graduate schools like | | | | Talk to anyone in the industry, everyone recognized |
| INSEAD, Chicago and The City University of New | | | | the value of a quality graduate education. An |
| York are flourishing in Singapore, attracting | | | | enhanced education will play a significant role cause |
| experienced professionals across ASEAN. | | | | regardless of economic conditions, time tested |
| | | | attributes like experience, qualifications and right |
| The forecast — the recession might be | | | | attitudes always survives. |