Private degrees: Worth it or not?

Are private degrees worth it? When paper qualifications matter, to a certain degree

Many students believe a degree is the key to job mobility and promotions. So despite a survey showing less than half of private school graduates got full-time work 6 months after finishing their studies, the chase is very much on

File photo showing a graduation ceremony at the Singapore Institute of Management. PHOTO: ST FILE
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Mr David Leong, managing director of recruitment firm PeopleWorldwide Consulting, says: "Unless they (private school graduates) go into specialisations that are hot like data analytics, they will find it a challenge to level up to the autonomous university graduates."

Experts say even if a diploma holder starts with a pay jump of $200 with a private degree, it will take a long while to make up the degree fees and the loss in experience and salary that could have been earned by entering the job market earlier. The cost of a degree, including the loss of salary, could easily add up to $80,000.

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A version of this article appeared in the print edition of The Sunday Times on April 15, 2018, with the headline Are private degrees worth it? When paper qualifications matter, to a certain degree. Subscribe