0327_studentloan_630420

Singapore is viewed as one of the few bastions of financial progress by the rest of the world that’s defying the recessive tendencies plaguing the global economy.

As technology evolves and information empowers, Generation-Y is the boons of their age walk hand in hand with the worsening curse of economic hardship. Singapore is viewed as one of the few bastions of financial progress by the rest of the world that’s defying the recessive tendencies plaguing the global economy. However, the cold hard truth remains that young Singaporeans are caught up in the same rat-race-to-make-ends-meet lifestyle that everyone else faces.

The exorbitant cost of living coupled with an uber-competitive job market has ignited a massive shift in momentum towards the pursuit of higher education in order to attain as many qualifications as possible to give them a leg up when they finally do enter the job market.

Unfortunately, this trend has …