The private education business in Singapore is suffering one setback after another. The biggest name that go hit was Informatics Holdings - formerly the No. 1 private institution in Singapore where you would want to sign-up for a degree in IT / Computing - that is if you failed to get into the local University or Polytechnic or you are a foreign student. Even a prominent local millionaire investor seemed to have given up on them recently.
Then there was Nanyang Business School (not to confused with NTU's Business School), and just a few days ago, AIT closed its doors, leaving many private students, many of which are from China, stranded.
Singapore is supposed to be a reputable destination to get a good education. But it would appear these these high-profile failures are giving Singapore a bad name. In spite of these, Singapore is still the place to get an education - in its government supported institutions where the programmes and the administration have stringent quality controls in place. But for a person outside Singapore who may not know better, a rotten apple spoils the whole tray.
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