Wikileaks: MOE does not encourage more Singaporean students to get a tertiary education:

Singapore boasts a highly competitive and well-regarded primary and secondary education system, but the number of Singaporeans completing a tertiary education is relatively low. Only 23 percent of Singaporean students entering primary school complete a degree at a local four-year university. In other knowledge-economies such as Japan's, around 50 percent of students complete a university degree. However, according to Cheryl Chan, Assistant Director of the Planning Division at the Ministry of Education (MOE), the government does not plan to encourage more students to get a higher education. The university enrollment rate will continue to be maintained at 20-25 percent because the Singaporean labor market does not need everyone to get a four-year degree, she asserted.

Full article: http://singaporenewsalternative.blogspot.com/2011/09/wiki...

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