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Thread: Why are some universities in China on the verge of bankruptcy?
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[quote=SERENA07,39637]The predicament is to a great extent due to the peacockery of many universities in China. These universities borrowed money to build new campus or to improve their infrastructure facilities blindly so as to bring themselves in such large debts. There's no way proper enough to solve the problem without damages, so let the universities on the verge to be bankrupt. Otherwise the universities will ask more from the students. In that sense, things may become even worse - high tuition fees, resisting feelings... Maybe bankruptcy is a way...[/quote]
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