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A lot of Chinese students paying for full priced universities abroad is a long term strategic move by the family and/or family owned business backing them. That
by vfulco2 5y ago
A lot of Chinese students paying for full priced universities abroad is a long term strategic move by the family and/or family owned business backing them. That's why you can often see families paying for $50,000 USD/year high school abroad even. The plan is 1. start to develop a foothold overseas, 2. then move money over, 3. then get one family member with a foreign passport and 4. keep building a stronger base for emigration and large scale eventual shift of wealth. It's not equivalent to US private middle-class citizens paying for the same institutions.