China continues government-subsidized student loan policy

China has continued waiving interest payments and granting extensions on government-subsidized student loans to ease the students' financial burden and employment pressure, according to the Ministry of Finance on Friday.

April 23, 2023

China to waive over 2.3B yuan in student loan interest in 2023

​China will exempt 2.325 billion yuan (about 338 million U.S. dollars) of interest on state-subsidized student loans as part of an effort to ease financial and job-hunting pressures on college graduates, an official said Friday.

April 23, 2023