PM Lawrence Wong said today’s students have access to far more opportunities than previous generations, with many more options and career paths.
PM Wong outlined these plans as part of three strategies by which Singapore and its young can adapt and adjust to a more fragmented world on the cusp of another technological revolution. “The bottom line is that there are many more opportunities and possibilities for you to explore... We all have our own abilities and strengths. There is no need to compare with others, to squeeze into boxes we are not meant to fit,” PM Wong said at the event at Singapore Management University .
In February, PM Wong – who is also Finance Minister – announced at Budget 2024 that all Singaporeans aged 40 and aboveaskST: How can mid-career workers use the $4,000 SkillsFuture credit top-up?Then, about 55 per cent of each cohort went on to post-secondary education. Today, almost everyone progresses to university, polytechnic or ITE, while starting salaries have grown from $3,000 to about $5,000, he noted.
He reiterated the Government’s commitment as part of Singapore’s refreshed social compact to give greater assurance to Singaporeans at every stage of life, such as through stronger safety nets that will help them bounce back from setbacks.
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