Private colleges, varsities set to lose RM11 billion in 2020

Sheridan Mahavera

Foreign students make up a large percentage – up to 40% in some colleges – of the country’s private higher education sector. With closed borders, some institutions risk closure. – AFP pic, June 20, 2020.

STARTING next month, a private college in Kuala Lumpur is cutting salaries by up to 30% and forcing staff to take unpaid leave as it struggles with the fallout from the coronavirus pandemic. 

A memo from the administration to staff, seen by The Malaysian Insight, said it is forced to take drastic measures because of a plunge in new international student enrolments due to worldwide travel bans.

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