Chinese universities are drastically increasing tuition fees this year, with some making their first rises in two decades, hurt by a reduced national budget for tertiary education and tight local government finances, reports Reuters. The higher fees come amid a financial crunch among local governments after three years of disruptive COVID-19 policies, a property crisis and a sluggish economy. Chinese universities, almost all public, rely heavily on state funding.
Shanghai-based East China University of Science and Technology raised tuition fees by 54% to RMB 7,700 ($1,082) annually for some freshmen majoring in science, engineering and physical education, and by 30% in the liberal arts, according to statements issued on Sunday.
Tuition for science and engineering rose by 40% at Shanghai Dianji University, while students majoring in management, economics and literature will have to pay 30% more compared with a year earlier, according to a notice on Monday.
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