Studying abroad a distant dream with low ringgit, higher cost

Looi Sue-Chern

Many dream of going to a top university like Harvard but with the ringgit at an all-time low, the tuition fees prove impossible. – EPA pic, July 14, 2017.

MALAYSIAN parents who once hoped to send their children abroad for their tertiary education are now forced to consider local or alternative options, as they take into account the weakening ringgit and ever-increasing cost of living.

According to the recent HSBC Value of Education 2017 survey, fewer Malaysian parents are considering sending their child to overseas universities compared with just three years ago.

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