Recently, the news that "Wall Street English will declare bankruptcy" continues to ferment. This training institution was once very popular, with a tuition fee of tens of thousands or even hundreds of thousands of yuan, and was called the "aristocratic school" for adult English education. However, the fees are quite high, and it is still unable to make ends meet. Many shops in Wall Street English were closed due to rent arrears, involving tuition fees as high as 654.38+0.2 billion yuan.

5 English training schools in Sydney, Melbourne, Byron Bay and Cairns have been closed, and the whole industry will face more school closures in the future.