China Issues 696 Billion Yuan in Student Loans

The Ministry of Education in China released a report stating that the government-funded student loan program increased the total loans to approximately 695.8 billion yuan (about $102.43 billion USD) by the end of 2025, benefiting over 30 million students. Since 2012, the maximum loan amount has gradually increased from 6,000 yuan to 20,000 yuan for university and college students, and to 25,000 yuan for graduate students, to facilitate support for higher education and vocational training across the country.

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