University student working rates are high globally
at 83%. In Malaysia it is nine in 10 students work whilst studying. That is according
to a HSBC survey in August 2018.
In Malaysia, parents say they contribute on average RM24,100 towards their children’s university education.
In Malaysia, parents say they contribute on average RM24,100 towards their children’s university education.
However, students estimate they spend RM67,600 over
the course of a degree on tuition fees, accommodation, bills and lifestyle
costs, leaving a significant gap of RM43,500 to fill from other sources. The
survey showed 7% of parents surveyed admitted that grandparents help fill some
funding gaps for their child whilst at university, but friends, bursaries,
loans or their child’s own income are other key sources of funding. In
addition to contributions from family, many students are turning to part-time
jobs to fund their degree, with 30% saying they will need to cover part of the
costs associated with their degree through paid employment.
The average Malaysian student over the course of their studies spends RM5,728 on going to restaurants or on takeaways, RM2,872 on clothes and make-up and RM2,600 on entertainment such as going out to bars, nightclubs or the cinema.
Malaysian students spend a large proportion of their time in paid employment - an average of 3.4 hours a day, more than they spend in the library (2.1 hours) or studying at home (2.3 hours).
Separate research on the topic suggests that when the number of hours worked per week by a student exceeds 20 hours, it has a negative impact on grades,” the report said.
However, the same piece of research also concludes that the academic performance of students who work 10-19 hours per week was superior to their peers.
According to HSBC’s study of more than 10,000 parents and 1,500 students across 15 countries, university students face a shortfall in funding despite receiving funds from parents to cover their undergraduate or postgraduate degree.
So it is patently unfair for poor students denied opportunity of an education when the Government retains a quota system that is highly skewed to one group. Unless we learn to be merit-based, it is difficult to progress fast as a nation – especially when the brightest leave for other places like Singapore, Taiwan or the West.
The average Malaysian student over the course of their studies spends RM5,728 on going to restaurants or on takeaways, RM2,872 on clothes and make-up and RM2,600 on entertainment such as going out to bars, nightclubs or the cinema.
Malaysian students spend a large proportion of their time in paid employment - an average of 3.4 hours a day, more than they spend in the library (2.1 hours) or studying at home (2.3 hours).
Separate research on the topic suggests that when the number of hours worked per week by a student exceeds 20 hours, it has a negative impact on grades,” the report said.
However, the same piece of research also concludes that the academic performance of students who work 10-19 hours per week was superior to their peers.
According to HSBC’s study of more than 10,000 parents and 1,500 students across 15 countries, university students face a shortfall in funding despite receiving funds from parents to cover their undergraduate or postgraduate degree.
So it is patently unfair for poor students denied opportunity of an education when the Government retains a quota system that is highly skewed to one group. Unless we learn to be merit-based, it is difficult to progress fast as a nation – especially when the brightest leave for other places like Singapore, Taiwan or the West.
Reference:
Nine
out of 10 Malaysian students work while studying: HSBC survey, the Star, 27 August 2018
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