Career & Education
[Post 705] Has China’s Private Tuition Ban Passed The Stress Test? | Undercover Asia
By Sonicericsg  •  April 20, 2023
Summary To score well in China’s school entrance exams, it used to mean attending hours of tuition on top of school. Classes were cheap and ubiquitous, until two years ago. In July 2021, China banned after-school tutoring, killing a $100 billion industry overnight. It would have been a worthy tradeoff, if kids could have a carefree childhood. But tuition never went away. Tuition has now gone underground, and students continue to struggle in a never-ending rat race. Now, only those with time and money can get extra academic help. Is the Double Reduction Policy backfiring?...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).

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