I dunno, that'll have to depend on what he wants to study too I
guess ... he wants to move away from engineering too, to either
pure chemistry, or the finance line ....
he'll take a study loan for sure, but more of a symbolic sum
than anything else, just to make him feel the pain, you know.
Me and my younger sis, we were both fortunate enough not to be
saddled with a backside full of debts after graduation, both of us
took out only a small study loan, bout a year's tution, just to
feel the pain, you know .... the rest were borne by our parents and
our personal savings ...
thus it would be very unfair to him to be denied an equal
opportunity at pursuing whatever his inclination is, just because
he's the baby of the family neh ? ... but both of my parents are
retired now ..... so this is a promise I have to keep, my parents
have worked long and hard enough for us, they should be able to
enjoy their retirement without having to worry about the last kid
...
Hmm.... does he plan to go local or foreign?
I took a single loan from Mendaki at first which took care of
60% of my tuition fees. My dad told me that he could help me with
the other 40%.
Then the university administration raised the fees for two years
in a row and nearly raised it again the following year. My dad had
serious problems trying to pay and had to ask my siblings for
help.
So I took out another loan from DBS to cover the other 40%. Now
I'm saddled with around $22K in loans. My siblings gave me a couple
of hundred bucks every couple of months or so. My dad hasn't really
been giving me money.... but then again, I won't take his money
since the stupid taxi fare hikes have cut into his earnings.
Otherwise, my only reliable source of funds came from tutoring my
younger cousin.
By all means help your little bro, but yes, make him feel some
of the pain of paying his own way through uni as well.
