Friday, April 20, 2012

What is the cost of FREE Education?

Recently there is a protest in Malaysia to demolish the Education Loan Funds (PTPTN). The cause of the protest is to fight for free education. But does it come free? Of coz it has to be funded somewhere. In Malaysia we already have free education from Primary to Secondary school and now they are requesting for free education in higher education. What could this mean?

More Lawyers, more doctors and higher literacy? or higher TAX? as i mentioned free education means that is has to be funded by the government, from TAX PAYER money. To give free education would mean that government will have to increase tax. As in Malaysia we're already very lucky to have subsidized fuel, subsidized food and many more. Now free education for everyone?

I agree with the fact that free education should be given to those who deserve it, those who really excel in their grades or maybe sports but not to all. For those who are protesting for free education i advice that you look further, you might have your loan write off now but risking paying higher tax for the rest of your working life.

That is just my 2 cents view.