Malaysia Says Its Education Industry Will Benefit From Economic Downturn

Harold Schiffman hfsclpp at
Mon Jan 12 15:47:15 UTC 2009

-- Malaysia Says Its Education Industry Will Benefit From Economic Downturn
The hundreds of private colleges and universities that have mushroomed
across Malaysia in the past decade expect to profit nicely from the
global economic downturn, The Star reported today.

The newspaper says the financial crisis will mean that fewer
Malaysians will be able to afford to study abroad. The only way for
many to earn a foreign degree will be to enroll in the so-called
twinning programs now offered by private universities in Malaysia, or
to attend branch campuses recently opened by foreign institutions.
(For instance, Australia's Monash University's Sunway campus is
reporting higher-than-normal application rates.)

Private institutions also hope that the economic woes will make
Malaysia more attractive to African and Asian students seeking an
affordable education in an English-speaking country. Although the
country's public and private higher-education system has a
less-than-stellar academic reputation, tuition and housing in Malaysia
make it a bargain compared with the United States and Britain.

More than 60,000 foreign students are studying in Malaysia, many of
them from Bangladesh and Botswana. The government had hoped to attract
100,000 international students by 2010. But reports of racially
motivated attacks and several suicides have hurt Malaysia's efforts to
become an international education hub. —Martha Ann Overland
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