An honorable member of the Coffee Shop Has Just Posted the Following:
Why are we spending hundreds of millions on foreigners when there are so many deserving singaporeans that can benefit from such generous scholarships?
The AStar scholarship start from junior college. The foreigner is given board, lodging, allowance and free schooling. Then he or she proceeds to university. They can go to any top universities in the world. Board, lodging, allowance, yearly flight home and all fees. 4 years in a top university would easily cost $250,000. Then, it is graduate studies. Another $400k spent on this foreigner. Round it up, we would have given this foreigner $1 million of scholarship. In return, he serves a 5-year bond and a free sinkapore passport.
Which sinkee won't want this deal - $1 million worth of scholarship for 5 year bond?
Note: AStar will bullshit you that this isn't true ...it will show that most of the scholarships are given to sinkees. How does it do that? After completion of first degree, these foreigners become instant sinkees. So, the scholarships for graduate studies are categorized as given to sinkees.
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