$300k for a place in SAS
An individual needs to donate $200k to the Singapore American School to book a place for a child. A corporation will need to cough out $300k for the same place. This is above the $10k to $20k school fees. The demand for a place in the SAS is so high that this is the market price for the time being. As a commercial enterprise, this is a happy thing. The amount to donate can keep going up as long as people are willing to pay for it. The question is who ultimately pays for it? Shall such a market driven logic be applied to state services like housing, medical, education and the rest of the essential services provided by the govt, including monopolistic services like public transport? One thing for sure when this kind of mindset is deemed acceptable, a lot of profit. Who pays?