"In 2012, the PAP government admitted in parliament to spending $36 million a year on scholarships to foreign scholars. With additional tuition grant(s), some estimates have placed the total spent on foreigners each year at no less than $400 million while PAP Cabinet Ministers continues to preach to locals that it is no longer necessary to have a degree to be successful."

Makes the average Singaporean feel rather uncomfortable, won't you agree?

EIU: 4-year degree in Singapore to become less affordable by 2030