Malaysia has been ranked the fifth most expensive country to get a university education in relation to household income.
Based on a London-based Expert Market survey, the average working parents in Malaysia spend 55% of their salaries on each child to complete tertiary education.
Ironically, the survey showed that Malaysia registered the lowest tuition fee cost among the top 10 most expensive places to send your kids to university at an average of RM76,925.
According to the survey, Malaysia has around 20 universities and fees are competitive compared to the rest of the world. However, domestically, the average wage is still only RM2,052 per month. This means without scholarships or loans, parents will lose over half their wages in tuition fees.
The survey covered 40 countries based on its tuition fees listed on the Quacquerelli Symmonds Top Universities for academic year 2014/2015 and the 2013 Gallup Median Self-Reported Income.
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Malaysia has been ranked the fifth most expensive country to get a university education in relation to household income.
Based on a London-based Expert Market survey, the average working parents in Malaysia spend 55% of their salaries on each child to complete tertiary education.
Ironically, the survey showed that Malaysia registered the lowest tuition fee cost among the top 10 most expensive places to send your kids to university at an average of RM76,925.
According to the survey, Malaysia has around 20 universities and fees are competitive compared to the rest of the world. However, domestically, the average wage is still only RM2,052 per month. This means without scholarships or loans, parents will lose over half their wages in tuition fees.
The survey covered 40 countries based on its tuition fees listed on the Quacquerelli Symmonds Top Universities for academic year 2014/2015 and the 2013 Gallup Median Self-Reported Income.
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