Young People in China Face Job-Hunting Challenges, Leading to a Surge in Graduate Applicants and Resulting in Insufficient Dormitory Space
The difficulty of job hunting for young people in China has led to a significant increase in undergraduate students applying for graduate studies, causing an unprecedented demand for dormitory space. Many universities, unable to keep up with the rapid expansion of student numbers, have stopped providing dormitories for certain groups of master’s students, especially professional master’s students. This has forced students to find off-campus housing, often at a considerable cost. The situation highlights the challenges of balancing educational expansion with the infrastructure needed to support it, prompting universities to seek alternative solutions, including renting and purchasing off-campus accommodations. The issue also reveals an opportunity for social capital and long-term rental apartment companies to enter the university dormitory market, although this business model has not yet gained significant attention in China.
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