<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区
            Home>News Center>China
                 
           

          Poor college graduates held back by debt
          By Qiu Quanlin (China Daily)
          Updated: 2004-08-10 01:59

          Li Gefeng, a graduate from Central China's Hunan University, was frustrated upon graduating last month when the debt he owned to the university made his employment seemingly impossible.


          A bank staffer reviews applications for student loans. The repayment term is extended from four years to six years from this year. [newsphoto]

          Born in a poor family in a small village of Liuyang, Hunan Province, Li and his family had no enough money to pay his tuition and accommodation fees for his four years of study at university. But Li said he was counting on getting a student loan from the bank when he registered four years ago, with 6,000 yuan (US$722), almost all the money his family could borrow.

          However, Li found it very difficult to apply for loan from the bank to cover his tuition, accommodation and living expenses, since there were always too many applicants and some student borrowers' previous repayment defaults made the bank more rigid in approving new loans.

          After repetitive applications, Li was granted just 4,000 yuan (US$481) from the student loan programme in 2002.

          The money could barely sustain him for one year. Hence, Li ended up with a huge debt to the university for tuition and accommodations, totalling 11,100 yuan (US$1,337).

          Last month, Li felt that he was struck good fortune when he was finally offered a job by the Guangdong-based Midea Holding Co Ltd upon graduation. "For me, obtaining the job will ensure getting rid of poverty and repaying the university debt and the student loan,'' said Li.

          However, the excitement did not last long since he could not obtain the essential certificates necessary to complete an employment contract, including graduation and degree certificates and assignment documents due to his failure to pay off his debts to the university.

          Since the certificates are a must for the employer to recognize his academic credentials from the university, Li felt the dream of employment would just flicker and die out. And the lack of assignment document from the university made it impossible to apply for a residency card at the local public security department.

          "It would be hard for me to repay the money to the university right after graduation,'' said Li.

          Li was not alone.


          Li Yunlong, a student from Inner Mongolia Autonomous Region, smiles after he was approved with a student loan upon registration with the China University of Geosciences in Beijing last year. [newsphoto]
          Eight other classmates who owed tuition to the university were also rejected after all the essential documents to facilitate their employment could not be produced. In total, it is estimated that no less than 500 graduating students from the university failed to obtain certificates this year due to failure to pay off the tuition fees to the university, sources within the institution said.

          "It is illogical that the university did not issue the certificates for us after graduation, since without the certificates we would not be able to get jobs. Only when we have jobs can we repay the owed tuition fees and accommodation expenses,'' Li added.

          However, Zhou Mengjun, an official at Hunan University, said in an interview with Guangzhou-based Nanfang Weekend that it is the only way at present to deal with students' debts to the university.

          "Tuition owed by students to the university have become a big financial burden to us since more and more graduates fail to repay the university,'' said Zhou.

          According to Zhou, tuition still owned by graduates to the university totalled more than 5 million yuan (US$604,500) this year.

          A universal problem

          What happened on the campus of the Hunan University is neither incidental nor accidental, with thousands of college students facing the same situation whey they graduate from the universities. Huang, an official of the graduates' employment office in Guangdong University of Foreign Studies, told China Daily that there were also graduates rejected because they could not get certificates from his university.

          "As far as I know, the university has not granted graduation and degree certificates to some students who haven't paid for tuition and accommodation to the university,'' said Huang. "Those who haven't paid back student loans by specified times are also rejected."


          Qin Jinyan, a beneficiary student from Hunan Province, speaks at the ceremony of the New Great Wall Project last year in Beijing. [newsphoto]

          Chen Zhe, an official in charge of college students' loans at the university, confirmed that the university has held back graduation and degree certificates to nearly 180 graduate students this year. Some owed tuition and accommodation fees to the university. Others failed to pay back student loans to their banks by the required times.

          According to the current student loan programmes, a repayment agreement must be signed by the student borrower, the bank and the university, to ensure timely repayments after graduation.

          "For those who had difficulties in abiding by the repayment agreements, their graduation and degree certificates are kept by the bank. Once the students repay the loaned fees to the bank, the certificates will be returned to them,'' Chen told China Daily.

          "The graduates whose certificates are arrested are allowed to have the graduation and degree certificates copied once their work units allow it,'' said Chen. In addition, Chen said if the students' work units are willing to issue the assurance agreements stating the terms, such as the repayment time and amount of the loaned tuition fees and living expenses, they are able to get back the certificates.

          The students' loan programme was first introduced to help poor youth realize their higher education dream in 1999. However, the programme was seriously strained in recent years by repayment defaults.

          According to Zhu Junwen, director of the Loans Administration Centre for College Students under the Guangdong Bureau of Education, over 23,000 students from 64 colleges and institutes in the province have applied for loans since the loan programme was launched five years ago. To date, the amount of contracted loans in the province totalled about 310 million yuan (US$37.5 million) and the actually used amount reached over 210 million yuan (US$25.4 million), according to the centre's statistics.

          However, it is reported that a number of student borrowers failed to abide by their repayment agreement. In some places, the default rate can be as high as 20 per cent.

          Although the banks vowed not to cancel the loan programme they are justified to reduce their confidence in student borrowers. Insiders of the banks said that the number of students who do not abide by the repayment agreement is expected to increase in the next two years since more such student borrowers have graduated.

          A joint effort has been initiated in July by the Ministry of Education, the Ministry of Finance, the People's Bank of China and the China Banking Regulatory Committee to revive the nation's student loan programme.

          A major change to the student loan policy is that the repayment term is extended from the previous four years to six years since graduation.

          The previous four-year repayment term constituted a heavy burden on most borrowers. The country's tough job market has darkened college graduates' employment prospects. It is estimated that some 2.8 million students, an increase of nearly one-third over the last year, graduated from college this summer.

          By extending the term of repayment to six years and requiring colleges to set up loan compensation funds, the new credit policy will allow college graduates to establish a credit rating within their financial capacity while enhancing educational institutions' role in overseeing repayments.



           
            Today's Top News     Top China News
           

          Heatwave deaths prompt shield of workers

           

             
           

          Lawmakers draw up 1st bill for farmers

           

             
           

          Consensus on border reached with Viet Nam

           

             
           

          FIFA chief: China a good World Cup host

           

             
           

          Chinese to send 550b sms this year

           

             
           

          Yao Ming to carry China flag at Olympics

           

             
            Public urged to give more to disaster victims
             
            New traffic law under fire in Beijing
             
            Heatwave deaths prompt shield of workers
             
            Athletes hail hoisting of national flag
             
            Poor college graduates held back by debt
             
            Protestantism sees rapid growth
             
           
            Go to Another Section  
           
           
            Story Tools  
             
            News Talk  
            When will china have direct elections?  
          Advertisement
                   
          主站蜘蛛池模板: 精品日韩人妻中文字幕| 国产小嫩模无套中出| 人人妻人人澡人人爽欧美二区| 久久99精品久久久久久9| 最近亚洲精品中文字幕| 亚洲18禁一区二区三区| 狠狠躁夜夜躁人人爽天天5| 亚洲自偷自偷在线成人网站传媒| 四虎库影成人在线播放| 欧美亚洲国产精品久久蜜芽直播 | 国产偷拍自拍视频在线观看 | 又黄又无遮挡AAAAA毛片| 久久精品人妻少妇一区二| 亚洲欧美电影在线一区二区| 国产视色精品亚洲一区二区| 亚洲丰满熟女一区二区蜜桃| 国产美女MM131爽爽爽| 人妻丝袜无码专区视频网站| 视频网站在线观看不卡| 亚洲色最新高清AV网站| 欧美成人午夜在线观看视频| 骚片av蜜桃精品一区| 国产一区二区三区导航| 在线观看热码亚洲av每日更新 | 坐盗市亚洲综合一二三区| 黑色丝袜脚交视频麻豆| 国产丰满麻豆videossexhd| 国产亚洲精品AA片在线爽| 久久综合偷拍视频五月天| 疯狂做受XXXX高潮国产| 成人啪啪一区二区三区| 久久精品视频一二三四区| 三上悠亚ssⅰn939无码播放| 亚洲自在精品网久久一区| 久青草国产在视频在线观看| 最新亚洲人成网站在线观看 | 国产精品无码av一区二区三区 | 亚洲特黄色片一区二区三区| 不卡乱辈伦在线看中文字幕| 亚洲欧美日韩精品久久| 最新国产AV最新国产在钱|