Tuesday, May 03, 2016

Planning a talk on funding a child's education.

I'm currently working with WDA to give a talk at the Lifelong Education centre on 14th July 12.30pm.

Right now the details are still quite sketchy, but I thought that blog readers should be able to pitch in and suggest what they want to hear.


The working title is "Finding your child's university education".



Here's what I have so far.

  • Paying for Education is about increasing a child's human capital as opposed to financial capital. It should be treated like an investment.
  • Why is it naive to see a university experience purely from the viewpoint of a love for learning. 
  • University qualifications have two effects of signalling and skilling. Signalling remains the more important concern in a highly competitive meritocratic society.
  • The result of investment in human capital should result in employment and higher wages.
  • Comparisons will be made between local and private universities.
  • A very brutal assessment of private universities will take place using the theories explained to the audience.
  • Details on CPF loans.
  • Details on Education loans.
  • Details on private loans
  • Where to get information on scholarships.
  • Investing to fund the education.
I also expect very lively debate in this talk because I don't intend to pull any punches about how gritty our education system is. 

Do share with me what you would like to hear in such a talk. 












4 comments:

dsea said...

Hi.....

How do we allocate resources (esp for those with larger families, ie >3 kids).

Do we channel more resources to ensure those that are behind can catch up?
Or do we channel more to those who are talented to ensure their talents are multiplied many folds?

Christopher Ng Wai Chung said...

Thanks !

These are really good questions !

Lord said...

The key question is whether university education is still a necessity 10-20 years down the road with the proliferation of open courseware.Btw, what has lifelong education has to do with funding kids university ?

Christopher Ng Wai Chung said...

Open Courseware is limited to knowledge and skills transfer.

Having the right skills is not enough to get a high paying job. You need to signal to the employer that you are worth hiring compared to the other person seeking that same job.

Our education system is also a signalling mechanism which sorts students based on potential and intelligence.

Being good is not good enough. You need to be better than someone else.