A high percentage of SPM leavers has opted for the gig economy. SPM is good enough to join the gig career which gives reasonably good income. Not bound by any organisational rules. No bosses to kowtow to. No subordinates to bother you.
The field of higher education is now more open, with access to online courses offered by domestic and foreign universities through international platforms such as FutureLearn, Edx and Coursera. Some of the online courses offered are part of the existing study program at the university.
Every nation has their own strength and limitations from socio-economic and geo-political background. Like in any other sectors, advancing strategies for universities should then also be based on their own strength rather than following what others are doing elsewhere.