Disillusioned Chinese students learn that overseas study no longer guarantees a good job
Graduates returning home to look for work are faced with increased competition and lower salaries
Overseas study was once regarded by young Chinese as the golden ticket offering better job opportunities, but returnees nowadays are increasingly expressing disappointment at the lower salaries and less competitive positions provided for them, a Hangzhou newspaper has reported.
The average starting salary for students coming back from their studies overseas have dropped from 10,000 yuan (US$1,530) to 6,000 yuan, narrowing the edge against students educated within China.
The lower salaries have coincided with an increase in those returning home from abroad in recent years.
In 2007, only 44,000 people returned to the mainland, yet in 2016, the number rose nearly 10-fold to 432,500.
In comparison, the number of people choosing to study abroad only rose threefold during the same period, from 144,000 in 2007 to 432,500 in 2016, according to the report.