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Why Tuition is a Billion Dollar Business in Singapore

According to a news report in Singapore, households here spent about S$1.4billion on tuition between October 2017 to September 2018 (Todayonline, 12 Sep 2019). Considering this is a country with a small population of around 5.7 million people, private tuition seems a relatively large expense for families with children. So why do parents spend so […]