Anonymous
What are the economics behind tertiary institutions in Singapore?
How do they earn money? I know that America and Europe have ridiculously high tuition fees, but it's extremely manageable in Singapore. How then do they earn money?
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Alex Chua
26 Feb 2020
Seedly student Ambassador 2020/21 at Seedly
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Pang Zhe Liang
26 Feb 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
Heavy subsidies from the government. It is probably one of their macroeconomic measure as well.
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Singapore tax payers help to subsidise....
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Most universities have a department of finance who do investment so that the money earned can be used for programs and research funding.
(I believe u have heard of the initiative and controversy of divestment in NUS)
They also accept donations from their alumni