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Thursday, December 29, 2011

More tightening of regulations on private education

Only 353 private schools are left after the last round of flushing. The number of schools left standing in another round of qualification checks and tightening will see the number shrinks to about 100. For the moment, 200 of the schools are only operating under a one year provisional license issued by the Council of Private Education and they have to satisfy more stringent criteria if their licenses are to be extended.

The stage is set for the number of private schools to go down. And this is not a bad thing really as those that survived the cut will be stronger and more credible operators, with better management and finances. Foreign students could feel safer to register in private schools here by next year and have lesser fear of being thrown out of their classes midway for all the bad reasons.

The restructuring and strict regulations will be for the better of everyone. This is what Singapore stood for. The deregulation craze to allow shady characters to do as they pleased was an uncalled for exuberance that Singapore had to pay a high price for it. Hope this crazy deregulation thing will be tighten across other industries as well. When people are left on their own to make money at all costs, the real thugs beneath the thin façade of civility will surface quickly to the demise of the industry, but not after leaving behind a carnage of victims.

Wednesday, December 14, 2011

Another private school closes

Tyndale Institute, run by a Guo Qiao Li, is closing and Guo Qiao Li will be facing charges of breaking private education regulations. She had operated two other schools that were also in trouble. The school was conducting first degree course linked to University of Sunderland in England. In 2008, her other school, Shines College also ran foul of the regulations and she and her managers were charged in court.

About 200 students were affected and efforts are being made to transfer them to other private schools. Half of the students are foreigners and have paid fees of $10,000 to $20,000 each. The tightening of regulations and enforcement had helped in a big way to protect the tuition fees of these students and to minimize disruption in their studies. It could have been worst for the students if the system is not in place for such failures.

At its peak there were more than 1,000 private schools operating here. The stringent regulations introduced to curb unreliable operators have shrunk the number of private schools to 350 today. The state of private schools in the island has stabilized somewhat but it will take more time to weed out all the weak operators and provide students with a more reliable education environment here.

Sunday, October 02, 2011

Reputable private school goes under

It had good reputation, accredited with the Singapore Quality Class, which means good business practices. It was profitable. The boss also helped other foreign students in their paying their fees, gave places in the school to students when their schools folded.

Cambridge Institute, better known for English Language classes, is folding up when it ran up hundreds of thousands in debt and unable to pay its teachers. The affected students are being transferred to Bristol Business School and Coleman College, both have EduTrust certificates and are authorized to take in foreign students.

While it is good that private students’ welfare and well being are now better handled, the repeated failures of private school is something to worry about if the Singapore brand as an Educational Hub is worth protecting. It cannot go on like this. As it is, the number of foreign students coming here is already declining. It will affect the business for sure.

Wednesday, September 14, 2011

3 more universities in town

By next April, 2012, the Singapore University of Technology and Design will commence teaching with up to 500 students. This is a joint project with the Massachusetts Institute of Technology(MIT) where the top 5% of students will spend a semester in MIT itself.

Course fee for Singaporeans is $44k for a eight semesters 3 ½ year Bachelor of Engineering course. A 10 semester Master’s course of 4 ½ years with a major in Architecture and Design will cost $55k.

Two other universities will open their doors in 2013. The Yale-NUS College for humanities will initially have an intake of 150 students. It will offer the Philosophy, Political Science and Economics programme modeled after Oxford University of UK. Course fee has yet to be announced.

The Lee Kong Chian School of Medicine will also commence with an intake of 50 and eventually going up to 150 students. The School is in collaboration with the Imperial College of London and will award a joint NTU-Imperial College degree. Course fee has yet to be announced.

Singapore undergraduates will be in a comfortable position with more choices of renowned universities setting up schools here. The advantage of homeground and lower fees will be a big draw for these students.

Monday, September 05, 2011

Top rankings for Singapore Universities

NUS is ranked the 28th top university by the London based Quacquarelli report. NTU is ranked 58th best. Soon Singaporeans do not need to travel to the US or UK to received world best university education when world best education is available at their door step.

At the rate Singapore universities are moving up the ranking ladder, soon they will be in the company of Cambridge, Oxford, MTI and Harvard and other American and British Ivy League colleges.

Friday, July 08, 2011

Only 328 left

After an 18 month time frame for all private schools to meet the stringent criteria laid out by the Council for Private Education and to register with the Council, only 328 met the deadline on 20 June 2011. This is a shrinkage from about 1000 private schools. Some merged with bigger schools and some simply folded up.

The 328 left are schools that are much well organised and reliable to take on the role of providing good private educations to students who are paying good money and a high expectation that the money and time will be well spent.

Going forward, the private schools are expected to stabilise and with lesser upheavals or risk of closing down though such an eventuality cannot be totally ruled out. Private school students could now study in peace knowing that the govt is there to ensure that the schools are up to it to deliver what they set out to.

Students who have problems can always approach the CPE and various other govt agencies for assistance.

Friday, July 01, 2011

CPE flexing its muscles

The newly founded Council for Private Education, a statutory board, has started to flex its muscles to rein in the misconducts and malpractices in the industry. It has hauled up Cambridge Business School to court for running a pre masters course without its written consent. As reported in the ST, 'Former managers Dennis Tan Cheng Hoe, Sunny Tan Cheng San and Guo Qiaoli are accused of failing to keep proper records.'

After years of lawlessness, the CPE has been given powers to impose fines and penalties to private schools for flouting its rules or failing to maintain minimum standards for courses. At stake is the reputation of Singapore as an international education hub and the country's reputation as a safe and reliable place for all enterprises.

With this start, more trespassers of its regulations can be expected to meet the same fate and possible closure. Cambridge apparently has closed its doors. Local and international students can now feel more at ease that those allowed to continue operating are less likely to leave them in a lurch.

The CPE is something waiting to happen while the govt experimented with the idea that the players can self regulate and set a high standard for themselves. It has now been proven that a business enterprise where profit is the main motivating factor cannot be left alone on its own device. Profit crazy organisations will throw caution to the wind and strive for the bottom line at all costs, often forgetting the missions of their organisations. This is the ugly side of human greed.

The CPE is something late than never.