First, many training institutions related to subject education and language education have closed down, although Shutong English has not declared bankruptcy. However, its own debt is also very large, and it was also sued for debt disputes. It can be seen from the closure of various branches that the management of Jiying is very difficult. So many parents are also worried. Because this English training institution is still very expensive and boasts that the English courses it teaches are very good, some parents buy tens of thousands of courses. The teacher's salary has never been paid. Although many parents complained on different platforms, and even collective complaints reached 100 times, they were still not dealt with. Of course, there are more parents who worry that once their English is too poor to bear the debt and go bankrupt directly, it is very likely that no one will attend their courses and the class fee will not be refunded.
Second, the collapse of educational institutions In fact, extremely English is not a new educational institution. Founded in 1999, there are 230 course center in China with 200,000 college students. Education and training institutions with deep qualifications like this are faced with the situation of being unable to attend classes and debt disputes. It can also be seen that the education and training industry is in dire straits. In addition, the share prices of many listed education and training institutions have also fallen all the way. Of course, the loss of children's education is nothing. Parents' problems should be dealt with in time to reduce disputes.
Third, summarizing the changes in the industry is always elusive. Since you are in an industry, you must bear the risks that this industry may bring. People who made a lot of money in the teaching and training industry are now hit by the storm of the industry and there is nothing they can do.