Budget reduction for higher education in Malaysia
The 2016 budget allocates RM13.378 bilion for higher education compared with RM15.785 in 2015. Public universities have to look for alternative source of financing, the private sector. This is contained in the Education Development Masterplan 2015-2025 (Higher Education): produce value-driven talent with first class mentality. We pay full attention to the implementation. Will private universities attract more students? Will the standard of public universities go down?