Malaysia is the most generous country in the world.
We spent billion of taxpayers’ money to send SPM A scorers (whether they are true talents or not is still debatable!) to overseas, and only 16% came back to serve the country after finishing their studies.
The other 84% mostly end up in the Western countries. We foot the billion bill to train these people for Western countries.
Who say there is no free lunch? This is a free lunch for Western countries from a developing country, named Malaysia.
I think it’s much better to use that money for local universities to hire world-class lecturers and professors from all over the world. Only post-graduate students in selected disciplines are eligible to apply for government scholarships.
Only 16% of scholars serve the bond
When Pua asked the prime minister a year ago on how many scholars actually served their bond, it was reported that only a meagre 4,932 of them served while 314 were released from their contracts out of the 30,832 scholarships awarded between 2003 and 2007.
That amounted to a loss of RM12.95 billion in taxpayers’ money — an amount enough to build 16 new parliament buildings.