This article opens "On Friday, Chinese state media reported that, from January of last year to the end of last month, more than 20,000 college students in the c

This article opens "On Friday, Chinese state media reported that, from January of last year to the end of last month, more than 20,000 college students in the central city of Wuhan applied for 160 million yuan of “high-interest rate loans” from Home Credit China." 20,000 sounds high but is only 2% of Wuhan's tertiary student population, the city with the most tertiary students in all of China. According to http://europe.chinadaily.com.cn/epaper/2011-04/29/content_12420906_3.htm http://europe.chinadaily.com.cn/epaper/2011-04/29/content_12... "The total number of university students in Wuhan has surpassed Beijing and Shanghai since 2008. Up to 1.06 million people in Wuhan's 10 million population are in universities and various labs and research centers."