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UK students get ripped off [Copy link] 中文

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Post time 2017-7-5 09:42:33 |Display all floors
Warning, stay at home and study...

Students in England are going to graduate with average debts of £50,800, after interest rates are raised on student loans to 6.1%, according to the Institute for Fiscal Studies.

Those from the poorest backgrounds, with more loans available to support them, will graduate with debts of over £57,000 says the think tank.
Interest charges are levied as soon as courses begin and the IFS says students on average will have accrued £5,800 in interest charges by the time they have graduated from university.


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Post time 2017-7-5 10:28:07 |Display all floors
This post was edited by markwu at 2017-7-5 10:43

The China market for higher education is big enough for foreign institutions to set up branches in China. Local students can then enroll for the courses which will be the same as if they are enrolling in UK or elsewhere.

There are obvious benefits in this. One, the families save money not just in tuition fees but also in maintenance costs of living for accommodation, food, transport and other services. Two, local suppliers benefit from new business in providing them. Three, any teaching and knowledge expertise gets imported and localized. Four, the students graduate with the same standard of qualifications having taken the same standard of examinations. Five, other foreign students may for the same reasons also want to come to China to enroll, increasing local business and international networking, and raising ranking index.

The only downside is the students don't get to experience studying and living in the foreign countries. Well, they can do so after their first degree by enrolling for the postgraduate studies in the mother institutions of those places.

They can also avoid risks like being kidnapped and killed, run over and killed, shot and killed, bombed and killed, cheated and killed.... you know the rest..

Three gaps to address:

one, inefficient capital utilization;

two, inefficient leveraging of local strengths to get best-buys; and

three, high mortality risk attraction.

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Post time 2017-7-5 17:25:02 |Display all floors
markwu Post time: 2017-7-5 10:28
The China market for higher education is big enough for foreign institutions to set up branches in C ...

re:  The only downside is the students don't get to experience studying and living in the foreign countries.

One must remember, a big campus in China would have plenty overseas teachers and family on the ground...
Beside that, the students parents would save that twice a year family reunion...
They could join parents to trips around Asia and make this area grow from Chinese money...

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Post time 2017-7-5 18:48:54 |Display all floors
Wonderful!. Going bankrupt even before getting a job.

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Post time 2017-7-5 18:51:14 |Display all floors
Wonderful!. Going bankrupt even before getting a job.

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Post time 2017-7-5 19:25:10 |Display all floors
I'm glad I know everything so won't need to learn and have debt's

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Post time 2017-7-5 19:34:20 |Display all floors
Student loans

Updated: May 17, 2017

It’s 2017 and Americans are more burdened by student loan debt than ever.

You’ve probably heard the statistics: Americans owe over $1.4 trillion in student loan debt, spread out among about 44 million borrowers. That’s about $620 billion more than the total U.S. credit card debt. In fact, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year.
Anger is an acid that can do more harm to the vessel in which it is stored than to anything on which it is poured. Mark Twain

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