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The raised minimum salaries for hiring foreigners on work passes have caused sleepless nights for some foreign graduates of Singapore universities.
Those who had received subsidies from the Ministry of Education (MOE) under the Tuition Grant Scheme (TGS) are obligated to work in a Singapore-registered company for three years upon graduation.
But in this tough climate, where even local graduates are struggling to find jobs, these foreign graduates have it worse as companies are urged to maintain a workforce with a Singapore core.
Some worry about having to pay back their bonds of up to $100,000 if they remain jobless after a year, and staying in Singapore while unemployed creates further financial pressure.
Unlike government scholarships, the TGS does not guarantee its recipients a job in the civil service.
Difficulties finding a job
Six of the 10 international students The Sunday Times spoke to have not been able to land a job in the past four months.
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