In an ominous economy and a ridiculously competitive job market, the promise of a fulfilling life seems to be a more far-fetched prospect for the Singaporean youth with every passing day. Unfortunately, the world has still not learnt their lesson as well as they should have because a majority of economic malpractices that led to this disastrous stagnation are still being enforced by a society that’s obsessed with capitalism, but incapable of understanding it.
Yes, the overzealous credit-embracing traditions continue to rage on, and student loan debt is the new recession monster lurking in the shadows that is feeding on hapless students struggling to make ends meet. Although a graduate degree is an unparalleled skill-building tool for anyone entering the job market, the ultra-competitive job market has reinvigorated the demand for MBA post-graduate degrees among students. Young graduates are being pressurized to pursue the “revered” MBA degree in order ......