China has spent a lot of money very quickly in the area of
education, the fastest growth in the country’s consumer market, at
20 percent a year, according to the latest figures of the State
Administration of Internal Trade.
Total expenditures on education, including tuition fees and living
allowances, have reached 450 billion yuan (US$54 billion) annually.
Educating elementary and high school students costs 2,000 yuan a
year for each on average, while tuition fees and living expenses at
universities are 10,000 yuan a year for each student.
Tuition has increased in the country along with the reform of the
official charging system at local schools, according to an official
from the administration.
“The reform is aimed to make it compatible with the market by
raising funds through different ways,” the official said.
Nowadays, people have come to accept the idea that people have to
pay for their education. For decades, Chinese spent little on
schooling as the government had covered most of it under a planned
economy.
“A
college education is not compulsory in China,” said a parent of a
Beijing University student. “But university students are expected
to earn more after graduation.”
Despite the increasingly higher tuition to go to college, many
parents are willing to scrape and save only for their children’s
education. A survey shows that 43 percent of Chinese families have
opened special accounts for education, 29 percent have bought
educational insurance policies, and 38 percent are saving every
coin for the purpose.
Moreover, rural families are beginning to spend more on the
education of children, according to the expert.
(Xinhua 10/15/2000)