University has long been seen as a gateway to a successful career. But in Malaysia, the higher education market is in decline. Students are increasingly opting out of university, and for good reason too. The cost of university in Malaysia is high, and the return on investment is often low. Graduates are frequently saddled with debt and end up in jobs that don't pay well. Many universities are resorting to desperate measures, such as foreign branding and selling certificates that aren't even accredited in Malaysia.
Key Points to Consider
- The cost of university in Malaysia is high, and the return on investment is often low.
- Graduates are frequently saddled with debt and end up in jobs that don't pay well.
- Many universities are resorting to desperate measures, such as foreign branding and selling certificates that aren't even accredited in Malaysia.
- Students can use their consumer power to choose low-cost options or opt out of university altogether.
However, it's not all doom and gloom as there are many other options that's available.
Alternatives you can consider:
- Vocational and Trade Schools: These schools offer focused training in specific trades and professions, often leading to industry certifications. They can be a quicker and more affordable way to gain the skills you need for a good job.
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Online Courses and Bootcamps: The internet is brimming with high-quality online courses and bootcamps that can teach you in-demand skills. These options can be flexible and allow you to learn at your own pace.
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Apprenticeships: Apprenticeships provide valuable on-the-job training alongside experienced professionals. They can be a great way to gain practical skills and experience while earning a salary.
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Self-Directed Learning: With the vast amount of information available online, you can teach yourself almost anything. There are countless books, tutorials, and online resources that can help you develop your skills and knowledge.
- Certified Short Courses: There are many private institutions offer certified short courses in a variety of fields. These courses can provide you with targeted skills and knowledge in a specific area, often in a shorter timeframe and at a lower cost compared to a full degree program. One such example is in Our Certified Courses which offers the flexibility for participants to pick and choose the course most suitable for their needs.
This blog post is just a starting point, of course. There's a lot more to consider when making a decision about higher education. But hopefully, it's given you some food for thought.
Source: Don't Waste Money on University? Rethinking Higher Education in Malaysia