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

[Eliwood]

Agree with chiu ...

In other word now peepur put more effort get less ...

Thanks

Get less becos their effort didnt translate into valued output.

It is not wrong that reward is tagged to output, not amount of effort expended.

 

[jinsadndepress]

Get less becos their effort didnt translate into valued output.

It is not wrong that reward is tagged to output, not amount of effort expended.

I 100 % agree with chiu ...

So why we make our yangster waste effort on thing that donch produce output ?

 

[Eliwood]

I agree with this assessment. As someone who lived most of my life knowing that local graduates were limited because there was only NUS and NTU, I already thought it was a huge about turn when they setup SMU. It was more or less confirmed when the subsequent universities were also setup.

It would be interesting to see when the median salary of fresh graduates crossed below overall median income, and see how it ties in with which PAP generation and what policies.

It has alrdy happened. Not just 2024 but 2023 and probably years back.

"But those who did find full-time jobs saw higher earnings, with the median gross monthly salary at $4,500 in 2024, up from $4,317 in 2023."

https://www.straitstimes.com/singap...l-time-work-though-more-had-higher-pay-survey

 

[krikering]

Frankly speaking la, personal opinion is that I feel now so many private universities/educational institutes like SIM (RMIT/UOL/UOW/UB, etc.), PSB, Kaplan, etc. Somemore they graduate 1-2 years earlier than the NUS/NTU/SMU graduates.

E.g you graduate from SIM-UOW with a degree in IT -related field and just change job in 1-2 years time to get a pay bump.

Their starting pays can be lower but they can just job-hop in the long run to get better pay.

Nowadays, so many of those banks KYC/AML/Corporate Actions, etc. kind of roles already offered 3.5k - 4k for fresh graduates then when converted another pay raise.

 

[Eliwood]

I 100 % agree with chiu ...

So why we make our yangster waste effort on thing that donch produce output ?

They r free to not pursue tertiary or even secondary education if they dun think it will be useful.

Only primary school is compulsory in SG.

So if anyone is making, it is the parents not the state.

 

[bluerhino]

a lot of pple failed maths accuse LMW of cherry picking. He already give chance by using the cheapest BTO prices yet it's 95 times the graduates income

If we compared using resale prices or THE RECORD BREAKING BTO AMK 877k (yes it exist) EVEN 200 times the income also won't be surprised.

@newborn1000 see this is how pap ibs ownself cherry pick but accuse others

That’s why say no matter how bad the oppo candidate they still have people vote for them.

 

[bluerhino]

Agree with chiu ...

In other word now peepur put more effort get less ...

Thanks

No, now still have people earn 20k a month just that is top 10%.

 

[jinsadndepress]

No, now still have people earn 20k a month just that is top 10%.

Agree , but the median celery earner work harder than median celery earner in past , yet can afford less things

 

[bluerhino]

There are many ways to look at it, and if PAP has a certain way, they should make their case. But I don't feel like they want to because they rather not have people poking into the details. In the end, it will be a little of the good stuff every now and then, which will more likely infuriate people.

My point was not that pap is doing a good job. You might have misunderstood my questioning of LMW as support for pap. In my replies I have targetted only on his questionable comparisons because that’s what this thread is about. We should not be so blinded by our support of opposition candidates that we are scared to call them out if they do a subpar job. Then how are we different from the blind supporters of trump and Elon musk?

 

[ceestudent]

That’s why say no matter how bad the oppo candidate they still have people vote for them.

The fact that amk bto oversubscribed 3-4 times is a proof that many still find it affordable?
Of course this bto is definitely not for low income earner right.

Oops sorry, all the edmwer think that good location bto is an entitlement for every citizen and should be cheap (so that they can earn later..). Lol.

 

[parchiao]

My point was not that pap is doing a good job. You might have misunderstood my questioning of LMW as support for pap. In my replies I have targetted only on his questionable comparisons because that’s what this thread is about. We should not be so blinded by our support of opposition candidates that we are scared to call them out if they do a subpar job. Then how are we different from the blind supporters of trump and Elon musk?

But I don't think he is doing a subpar job.

In fact, I think his question is rather brilliant.

 

[bluerhino]

Agree , but the median celery earner work harder than median celery earner in past , yet can afford less things

2 points, first one median income earner can afford more things now than before due to Singapore having real income growth for past few decades. This one everyone agree, even oppo mp never question. You need something like Japan where there is negative real income growth to have reducing purchasing power.
Work harder I’m not sure how you can measure.

 

[bluerhino]

The fact that amk bto oversubscribed 3-4 times is a proof that many still find it affordable?
Of course this bto is definitely not for low income earner right.

Oops sorry, all the edmwer think that good location bto is an entitlement for every citizen and should be cheap (so that they can earn later..). Lol.

Umm you fail economics is it. Oversubscribed means demand much more than supply. Means the people find the price very worth it, ie cheap. If they find the price not worth it they won’t go and ballot right? Economics 101

 

[bluerhino]

But I don't think he is doing a subpar job.

In fact, I think his question is rather brilliant.

Twist facts, hide full info also called brilliant. Really sounds like a cult already.

 

[ceestudent]

Umm you fail economics is it. Oversubscribed means demand much more than supply. Means the people find the price very worth it, ie cheap. If they find the price not worth it they won’t go and ballot right? Economics 101

I find it still affordable thats why many people ballot for it. But the previous poster that you replied make it sound totally out of the world because it is 200x of income.

 

[Eliwood]

My point was not that pap is doing a good job. You might have misunderstood my questioning of LMW as support for pap. In my replies I have targetted only on his questionable comparisons because that’s what this thread is about. We should not be so blinded by our support of opposition candidates that we are scared to call them out if they do a subpar job. Then how are we different from the blind supporters of trump and Elon musk?

Yea i think LMW is sincere in speaking for the ppl.

But he has somehow dug himself into this entrenched position which he is finding hard to extricate himself. Asking for split between non-citizens and citizens median income is totally valid.

Now that the data has been provided, he seems to have lost the plot and is grasping at straws to help bolster his argument, even resorting to disinformation which he must know since he is from that era.

PR vs citizen is easy position to take. Local born vs new citizen is a trickier position to maintain. I think many ppl in the centre dun think it meaningful to differentiate btw local born and new citizen.

 

[parchiao]

Twist facts, hide full info also called brilliant. Really sounds like a cult already.

Everything you just said sounds like

 

[bluerhino]

Everything you just said sounds like

Means you think he is not twisting facts and hiding info?

 

[parchiao]

Yea i think LMW is sincere in speaking for the ppl.

But he has somehow dug himself into this entrenched position which he is finding hard to extricate himself. Asking for split between non-citizens and citizens median income is totally valid.

Now that the data has been provided, he seems to have lost the plot and is grasping at straws to help bolster his argument, even resorting to disinformation which he must know since he is from that era.

PR vs citizen is easy position to take. Local born vs new citizen is a trickier position to maintain. I think many ppl in the centre dun think it meaningful to differentiate btw local born and new citizen.

May I know what data has been provided?

 

[parchiao]

Means you think he is not twisting facts and hiding info?

They all are. For now, PAP is dong the bulk of it.