THE intersection of the education system, the burgeoning gig economy and the brain drain may seriously challenge Malaysia’s future.
With a massive brain drain already in place, as more and more students choose to join the gig economy instead of pursuing tertiary education, understanding the factors driving this disinterest in tertiary education is paramount to ensuring that the educational system remains relevant and effective in preparing individuals for the rapidly evolving landscape of the modern job market.
In an era of rapid technological advancements and shifting professional landscapes, the traditional pathways to success are undergoing a profound transformation.
The allure of flexible work arrangements, lucrative opportunities, autonomy, and on-demand work gaining momentum challenges the conventional notions of the value of higher education.
Armed with a tech-savvy mindset and an innate entrepreneurial spirit, the younger generation questions the age-old narrative that equates tertiary education with assured prosperity.
This shift in attitude raises critical questions about the potential consequences for the future workforce, economy, and societal development.
As per the Organisation for Economic Cooperation and Development (OECD), the enrolment figures in tertiary education serve as a measure of a nation’s prospective capacity for a skilled workforce in the future (refer to "Equipping future talents with education, skills to thrive").
Global data also shows that higher tertiary education enrolment correlates with better national outcomes over time (Figure 1).
Very well, there could be a reciprocal relationship, thus creating a vicious cycle!
However, Figure 2 illustrates Unesco's data concerning the trajectory of tertiary education enrolment proportions in Malaysia.
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Education is fundamental in shaping society and determining the country’s future.
It can be the root of many socio-economic issues, so innovations must be made to the system to keep education in line with the changing practices.
To do so, leadership with vision is needed.
Dr Rais Hussin and Chan Myae San are part of the research team at EMIR Research, an independent think tank focused on strategic policy recommendations based on rigorous research.
Source: The Stars Online, 3 September 2023
