Most Malaysian parents are for overseas education

  • Nation
  • Thursday, 23 Jul 2015

Filepix of Cambridge University. AFPpix

KUALA LUMPUR: A whopping 88% of Malaysian parents would consider sending their child overseas to pursue tertiary education.

HSBC Malaysia Retail Banking and Wealth Management (RBWM) head Lim Eng Seong said this percentage was higher than the global average of 77%.

He said parents were willing to fork out more for a university education abroad.

"Parents are willing to make sacrifices to fund their children's education but there is often a gap between expectation and reality," he said at the launch of HSBC's Value of Education report here.

The study showed that parents saw foreign education as a means to better job opportunities, help young people make new friends and provide international exposure.

The global report is the second in the "Value of Education" series and represents the views of 5,550 parents from 16 countries and territories.

In Malaysia, the findings are based on a nationally representative survey of 350 parents with at least one child aged 23 or younger currently  (or soon to be) in education.

The parents are either solely or partially responsible for making education-related decisions for their child.

The research was carried out online by Ipsos MORI in March and April, and commissioned by HSBC.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Next In Nation

Covid-19 Watch: 13,104 new cases on Sunday (Sept 26), Sarawak top with 2,943
Covid-19: Over 30% of students aged 12 to 17 have received first dose of vaccine, says Dr Mah
MACC seizes over RM1.6mil in assets linked to its senior officer, says report
Rumour that senior citizens must surrender driving licence not true, says Dr Wee
Special advisor appointed to help Wisma Putra better understand situation in Afghanistan, says Saifuddin
Perlis not ready yet to move into Phase 4 of NRP, says exco member
Ok booster: Sarawak first state to start administering additional doses to elderly, vulnerable groups in October, says KJ
Covid-19: Ensure dissemination of accurate information on NRP, endemic phase, says Annuar
DOSH orders owner of Kelantan mine to stop ore processing after fatal accident
MMEA foils attempt to smuggle 1,156 packets of cooking oil in Semporna

Stories You'll Enjoy