The guy earned 100 million USD from the university entrance exam, controversial statement

On Chinese social media, Zhang Xuefeng (40 years old) has tens of millions of followers, he is considered a master of university application consulting. Zhang is the person who created a new job in the education sector in China, which is the profession of university application consulting.

Zhang Xuefeng's story of making money around the Gaokao (college entrance exam in China) is attracting a lot of attention.

According to the South China Morning Post , Zhang has built a fortune of more than $100 million from tutoring and job application consulting.

Zhang Xuefeng is considered a master in university application consulting in China (Photo: SCMP).

Each student using Zhang’s consulting service has to pay a fee of 12,000-17,000 yuan (equivalent to 42-60 million VND). Zhang’s service has become so popular that he no longer directly advises students. Zhang is now supported by a team of consultants.

Currently, there are parents who have registered several years in advance so that their children can definitely use the service provided by Zhang in the future.

"I have three companies, each of which is publicly valued at several hundred million yuan," Zhang said. "Every year, I earn hundreds of thousands of yuan from copyrights for educational books, millions of yuan from tutoring, and a large amount from university application consulting services. You won't see me directly involved in my work anymore, because I've long since achieved financial freedom."

There are currently more than 1,600 companies in China that provide consulting services to help students apply to universities. Zhang is a pioneer in this field.

The idea for the service business came to Zhang when he was helping some friends apply for graduate programs. While helping his friends collect study materials and prepare their applications, Zhang came up with the idea of ​​providing study and application consulting services for candidates taking the Gaokao.

In 2016, Zhang began producing videos sharing tips on choosing majors at top universities in China. The content quickly went viral, making him famous.

Applying to universities in China takes into account a candidate's grades, entrance scores at the schools, and future career prospects. Zhang's motto when providing consulting services is: "A good gaokao score is not as good as a good application strategy."

Although Zhang is considered a leading figure in the field of admissions consulting, he has also attracted controversy for his statements. Zhang has publicly advised students not to apply to certain universities. Zhang later apologized to those schools.

Last year, Zhang was criticized by many education experts for his disrespectful comments about some training groups. However, many parents in China welcomed Zhang's frank and direct statements about the real prospects of some training programs.

Source: https://dantri.com.vn/giao-duc/chang-trai-kiem-duoc-100-trieu-usd-tu-ky-thi-dai-hoc-phat-ngon-tranh-cai-20240710084537999.htm