A daily monitory system for college lending…

So the Ministry of Education finally steps forward and addresses the problematic student lending practice. A recent notice issued by the Department emphasizes the importance of living conservatively as a studnet and behaviors like spending on credit, over spending and conformity-based spending should be detected and curbed. Thus, there will be a daily monitoring mechanism set up in every school.

See http://www.moe.gov.cn/srcsite/A12/moe_1407/s253/201610/t20161010_284192.html

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