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I mean, this speaks to the one child policy as well as the value put on education in Asia. From a western perspective having to spend 3x annual household income
by ummonk 7y ago
I mean, this speaks to the one child policy as well as the value put on education in Asia. From a western perspective having to spend 3x annual household income on a masters degree would be absurd.
- seanmcdirmid 7y agoChina has a very high savings rate and often a dearth of investment opportunities for that money (a bubbly real estate market or a insider trading heavy stock market), education abroad can provide pretty good returns comparatively.
- whoevercares 7y agoYep my mother was saying she can’t find a better investment opportunity than education for this 300k RMB (an awkward amount of money)