Opportunity cost lost income 5 years Direct costs education & living expenses Total cost of university education

Equity Borrowed Leverage return on investment monthly servicing cost of capital monthly cost monthly university education cost average Singapore cost of living average monthly savings non-university education Expected average monthly salary SOXAL typical mark-up factor Base salary

50,000 150,000 200,000 150,000 50,000 0.75 12.0% 330 1500 1830 2324 2500 1500 6324 16.9 4490

USD USD USD USD USD USD

1.27 SGD/USD

Singapore cost of living Rent Food Utilities Medical Transport Phone Misc NR 1200 450 300 50 200 100 200 2500

3,960 18,000 21,960 27,889 30,000 18,000 75,889

USD USD USD SGD SGD SGD SGD

Singapore cost of living 14400 5400 3600 600 2400 1200 2400 SGD SGD SGD SGD SGD SGD SGD

30000 SGD