However, "nobody really knows how," he said in Mandarin, according to a CNBC translation. The source asked to resign when the central government released its harsh policy on the sector, but chose to stay longer to help the company pivot its business. Millions of jobs at riskĪ senior employee of 17 Education & Technology Group - a U.S.-listed after-school tutoring company in China - told CNBC the company plans to halve the number of employees. "Now, they've probably given up," she said. The new policy may actually have adverse effects in the short term, especially since poorer families typically send their children to tutoring schools only because of peer pressure, Claudia Wang, partner at Oliver Wyman and lead of the firm's Asia education practice, told CNBC on Monday. The growth was further accelerated by the Covid-19 pandemic, especially for online tutoring. The consultancy predicted the market will break 1 trillion yuan by 2025. Such fears push parents in China to spend a lot on after-school tutoring and help fuel a burgeoning industry.Īccording to a 2020 report by Oliver Wyman, the market size for China's after-school tutoring for kindergarten to 12th grade students reached 800 billion yuan ($123.7 billion) in 2019. Without extra studying time after school, Cheng said she is afraid her daughter will not be able to catch up, let alone excel in the new subject. Her daughter will begin physics class in the fall, and Cheng estimates that 90% of her classmates will be studying for it during the summer break. ![]() In Beijing, the hourly rate of a private one-on-one class anecdotally ranges from around 500 yuan to 2000 yuan.ĭespite the cost, Cheng said she wanted to enroll her daughter in more courses this summer, but her daughter did not want to sign up. That's a hefty sum for most households, who also face high housing costs.Ī 5,000 yuan course is about 71% of the average monthly disposable income of 7,058 yuan for urban residents in Shanghai, according to official data for this year.īut the same course would far exceed the average monthly disposable income of 3,756 yuan for rural residents working in Shanghai, the data showed, although rural workers have seen their incomes grow more quickly than urban ones. She told CNBC she paid about 5,000 yuan ($774) for a two-week summer course with about 20 other students, comprising of three hours a day on mathematics. Luna Cheng is raising her 13-year-old daughter in Shanghai's downtown Jing'an district. "I feel this approach is kind of one size fits all," Zhang said in Mandarin, according to a CNBC translation.Īfter-school tutoring can be costly, but many parents feel compelled to sign their children up so they stand a chance in the highly competitive college entrance exam system. But the latest crackdown means it will be almost impossible. Zhang had hoped to enroll her daughter in more offline tutoring classes as staring at the screen is damaging her eyesight. Her younger child, who just finished the first year of elementary school, is spending about half an hour daily on online group classes. That's less than her peers in the district, who study all day or at least half a day during the summer break, Zhang said. The family lives in Beijing's top public school district of Haidian, and the older child, who is set to begin middle school in the fall, spends about three hours a day at online group classes and one or two hours of one-on-one tutoring a week. Zhang said she will spare no efforts to invest in helping her two children compete for "very limited" high quality education in China. ![]() That means hourly rates will go up and parents will pay less up-front deposits than if they had gone through an institution, said Zhang, who declined to share her first name on privacy concerns. ![]() If the local Beijing government bans after-school tutoring institutions, one mother surnamed Zhang said she will consider forming a small group with other parents to hire private tutors for their children.
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