T

he American Education Disadvantage?

11 Apr 2019. www.insidehighered.com

By Elizabeth Redden

New research finds that graduates from U.S. universities are less likely to get a call back from Chinese employers than their counterparts with degrees from Chinese universities.

Employers in China are more likely to call back job applicants who graduated from Chinese colleges than from American colleges. Even job applicants with degrees from very selective U.S. universities are less likely to get a call back than applicants with degrees from the least selective Chinese institutions.

Those are the top-line findings in a new working paper by Mingyu Chen, a Ph.D. candidate in economics at Princeton University. Chen sent more than 27,000 fictitious job applications for entry-level positions in business and computer science to employers in China. His study, he writes, is to the best of his knowledge “the first study to provide causal evidence on the value of U.S. postsecondary education in foreign labor markets.”

Chen estimates that the 111 American universities he used on the various fictitious résumés account for about 72 percent of all Chinese enrollments in the U.S. Over all, he found that applicants who had graduated from U.S. universities were 18 percent less likely to get a call back than applicants who had attended Chinese universities. Even applicants from the most selective U.S. universities — as defined by U.S. News & World Report rankings of national universities — were 7 percent less likely to get a call back than applicants from the Chinese universities he categorized as least selective.

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2019-04-29T06:46:06+00:00
Online education faces a paradox: Shares rise, but big profits elusive - Manage Educational
O

nline education faces a paradox: Shares rise, but big profits elusive

29 Apr 2019. global.chinadaily.com.cn

By Cheng Yu

The Chinese online education sector is caught between “fire” and “ice”, industry insiders said.

Listed companies’ shares are sparkling but big profits are elusive, they said.

“Shares of education companies are shining on both domestic and foreign bourses. The online education segment, in particular, will likely witness multiple leaders,” said Sun Haiyang, an education analyst from TF Securities.

According to an industry report, over 10 online education platforms raised 10 billion yuan ($1.5 billion) in all from capital markets and other funding channels in the first two months of this year.

This compares well with 15 billion yuan raised in the first half of last year.

In late March, Koolearn Technology Holding Ltd, a subsidiary of New Oriental Education and Technology Group Inc, debuted on the Hong Kong Stock Exchange at HK$10.68 ($1.36) and has since risen steadily to reach HK$11.16 on Friday.

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2019-04-29T06:52:33+00:00