The university graduate today is worse off than the ITE graduate of the past !

[TheApathetic]

Im not surprised by this. My dad only had O level, he was born in 1940s.

Back then even ITE cert was a big deal. Most ppl stopped at O level or PSLE. Uni and ITE grads were maybe top 10% or even fewer.

Now graduates are a dime a dozen. But the common pitfall is that ppl think the 40% graduate population now shd enjoy the same lifestyle as graduates back then, who were more likely the top 10% or 5%. This is not a like for like comparison.

In reality, probably only the top 25% graduates now (or 10% of total graduate population) will be able to earn income equivalent to the graduates in 1979.

So many degree holders have to eat cai png frequently now compared to the olden days degree holders.

 

[boredom2012]

Wait for people say last time policeman wear short now wear pants

 

[Kunkka]

They are actually better off since their job levels less foreigners to compete

https://www.mom.gov.sg/foreign-workforce-numbers

I suggest u refer to the numbers in the chart

 

[stingray1211]

having a good education today means nth
unless u scholar

nowadays need 2nd upper or FCH.
especially FCH , starting salary is high.
and hopefully you are talent / management tagged the moment you join. work few years can easily hit 5 digit before 30s.




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[hachi]

where to find 290k 4room bto in 2024? even in johor price more than that

The last bto in 2024, Jw... Subscription rate less than 1.. Sure get.

https://www.propertyguru.com.sg/property-guides/october-2024-hdb-bto-launch-review-93758#jurongwest

 

[mirukuboi]

That’s why boomers have it best.

 

[dambio]

to make matters worse, a lot of price setters in the market today

where does all the money come from ?

Rich foreigners n new citizens. Alot their funds r a suspect.

 

[stingray1211]

That’s why boomers have it best.

then why people complaining their still need to work as cleaners ?

housing to wage ratio so low. yet didn't save enough money to retire? then blame government for making them work ?



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[parchiao]

That’s why say oppo no credibility. Cherry pick numbers to make a mountain out of a non issue.

It is exactly why they bring this up.

People need to understand that they are not as well off as in the past.

HDB prices have gone up, but fresh graduates purchasing power has dropped.

 

[GarnetDragon]

ITE graduates are now getting $15k after they enroll into a diploma, and successfully finish it

 

[Shion]

Rich foreigners n new citizens. Alot their funds r a suspect.

wash $$$...

 

[Can Or Not]

Let LMW be the PM… and see how he is going to solve this issue…

He can’t

 

[Cereal_Time]

in the end I just want to ask. "你投票给谁？政府是自己选的。 靠北什么‘’


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"我还没投，靠北只能指前代‘高人’造成如今的人间地狱。至少我会有骨气不投就不投而不是临时当乌龟。”

 

[Ethan_]

Shrinkflation of education, higher education has lesser value now compare to last time?

 

[Shion]

Shrinkflation of education, higher education has lesser value now compare to last time?

yes, that is correct

 

[orwell76]

2003, 27 year old, I buy HDB 4 room $120K no need to take mortgage wor, now can meh

 

[otakuflick]

Yes government killed the blue collar jobs, and now, the consequences are clear. Especially when AI is capable to process and compile information a human can never do.

Milking on $500 workers will only damage the core of a country's productivities.

 

[PaboJames]

Still waiting for tsl to provide detailed breakdown of the employment.

We asked, you where got say?

 

[NintendoSwitch]

want to see how the young vote this time round...will be an interesting societal lesson

Young r brainwashed by Moe. 15-17 years of it.

 

[Jiaksemo]

True. Even comparing with ITE grads now.

If you take ITE in mechanics or plumbing, you may start out as a blue collar worker.

As times goes by, you may have more jobs without being retrenched. You may even be your own boss.

You might ended up earning more than a normal uni grad that has a degree in business.