The Price of Education In China | Gen 跟 China
In July 2021, the Chinese Communist Party announced new regulations that they said would reduce pressure on parents and children, known as the double reduction policy. The new law banned private education companies from offering after-school tutoring in core school subjects. Chinese students and parents view good academic performance as a way to climb the country’s social ladder, with a child’s studies often being prioritised above all else and exam pressure taking a toll on mental health. The new policy brought to heel China’s ballooning USD 120 billion private tutoring sector, but the policy change has led to a tutoring black market, which could benefit the wealthy and price out poorer families.
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