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Thread: Why are some universities in China on the verge of bankruptcy?
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[quote=KEVIN0518,228292]Recently, i have herad a piece of news said that Jiling University owns a lot of money to the bank and ask for help from the teachers and students on campus to solve this problem. Jiling University is an example and some other universities have the same problem. From 1999. with the support of the banks, many university start to build new campus or improve the infrastructure facilities aiming at being the best university in China. Now it is time for them to pay off their debts.However, they are not incapable of paying their debts. How will they pay off their debts? Who will be blamed for, the president of the university, the banks or the relative department?[/quote]
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