“I’ll Pay 6 Million Won for an Internship at a Major Company”… Chinese College Students Pay “Placement Fees” to Get Full-Time Jobs
Chinese College Students Squeezed by Fierce Job CompetitionPlacement Fees at Prestigious Companies Near 6 Million Won18% Unemployment; Students Fall Victim to Fake Certificates and Recommendation Letters As competition for jobs intensifies in China, more college students are paying placement fees of millions of won to secure internships at well-known companies. Observers say a market for…