, Singapore
829 views
Photo from Pexels by Anna Tarazevich

Mental well-being overtakes academic grades in parents’ priorities

It also found that 38% of Singaporeans consider a university degree only moderately important.

Mental well-being (40%) and communication and collaboration skills (37%) have overtaken academic grades as the top priorities Singaporean parents have for their children’s future success, according to a new study by market research firm Milieu Insight.

Whilst 73% of respondents said they were satisfied with the education system, many expressed concern about academic stress and questioned the necessity of tuition and university degrees.

Parents aged 25–34 were the biggest investors in tuition, with half reporting their children spend 4–6 hours a week in classes and 40% spending between $300 and $499 monthly. Yet only 40% believed academic performance would drop significantly if tuition were unavailable — a sign of changing perceptions about its value.

The study also found that 38% of Singaporeans consider a university degree only moderately important, with alternative paths such as apprenticeships, skills-based workshops, and entrepreneurship gaining traction.

Nearly 60% said the rise of non-traditional careers like YouTubers and TikTokers has made degrees seem less essential for success.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.