Chen Xuan guessed.
"Almost. Most universities rely on financial funding from the Ministry of Education for the bulk of their annual budget,"
Niu Feng said, "Only a few top universities can generate some good benefits through their independent revenue.
Although these financial allocations can easily be in the billions,
in reality, after deducting the maintenance and purchase of teaching venues and equipment, and subtracting teachers' salaries and fixed investment in research groups,
only tens of thousands of dollars can actually be allocated to each student at most.
This is on the premise that it's a public university. If it's a private university, that amount allocated to each student should have a negative sign, meaning students are actually paying the school."
"Uh...
Chen Xuan was a bit confused, "Does this have anything to do with college application preferences?"
"It's hugely related,"
