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Devaluation of Degrees [machine]

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Content 1 · Events 15

Yao Yang Says Around 100 Million People in China Actually Pay Income Tax; Annual Income of 100,000 Yuan Places One in the Top 10% of Taxpayers

10.23 ·Reported ·Importance II ·Sources 1 ·China

Economist Yao Yang, Dean of the Dishui Lake Advanced School of Finance at Shanghai University of Finance and Economics, said in a video posted on "Yao Yang Shuo" that about 100 million people in China actually pay individual income tax, that an annual income of 100,000 to 120,000 yuan puts one in the top 10% by income, and that an annual income of about 300,000 yuan puts one in the top 1%. The bottom 10% of earners account for only 0.4% of all income and have negative net wealth, and around 600 million people nationwide still earn less than 1,000 yuan per month.

Douyin Blogger Pushes Back on “Student Mindset” Label, Resonating with Netizens

10.17 ·Reported ·Importance I ·Sources 1 ·China

On October 17, a Douyin blogger complained that young people are told to abandon the “student mindset” as soon as they enter society, asking why honest people should reflect on themselves after being taken advantage of, and saying that those who cheat and deceive are the ones who should truly reflect. The post struck a chord with netizens, who left comments in共鸣.

Delivery Blogger Says the Station's 100-Plus Riders Include People with All Kinds of Skills

10.08 ·Reported ·Importance II ·Sources 1 ·China

On October 8, a food delivery blogger posted a video responding to netizens' question of "why not go learn a trade," listing skills such as hairdressing, cooking, carpentry, and AI programming, and saying that among the station's 100-plus riders, you could find someone to teach each of them. In the comments section, netizens holding a first-class constructor certificate and a bachelor's degree said they too were working as delivery riders or security guards.

Several Netizens with Bachelor’s Degrees Share Their Experiences of Entering Factories as General Workers Due to Difficulty Finding Jobs

10.06 ·Reported ·Importance II ·Sources 1 ·China

In early October 2026, several netizens with bachelor’s degrees posted photos of their work uniforms and factory life on social media, recounting how the difficulty of finding a job led them to work as general workers in factories. They lamented the devaluation of academic degrees, the monotony of assembly line work, and the discrimination they faced, saying they chose to enter factories out of a survival instinct.

Guizhou University of Finance and Economics Graduate Posts Lament That After Four Years of Undergraduate Study He Still Ended Up Working as a Factory Line Worker

10.06 ·Reported ·Importance I ·Sources 1 ·China

On October 6, a netizen who graduated from Guizhou University of Finance and Economics posted that "four years of undergraduate study came to nothing, and I still ended up in a factory as a general worker." The post sparked extensive discussion among netizens in the comments section about ways out for employment.

Shenzhen Middle School's Proposed Teacher List Includes Multiple PhDs from Labor Dispatch Agencies

09.15 ·Reported ·Importance II ·Sources 1 ·Shenzhen

Shenzhen Middle School has released its list of 21 proposed teacher hires for 2026, all of whom hold graduate degrees, including 5 PhDs and 16 master's degree holders. Among them, several PhDs from Tsinghua University, the University of Cambridge, and Fudan University listed labor dispatch companies as their previous employers, sparking public concern over the employment patterns of high-end talent.

Ministry of Education Data: Over 860,000 Primary and Secondary School Teachers Nationwide Hold a Master's Degree or Above

09.14 ·Reported ·Importance III ·Sources 1 ·China

According to the latest statistics from the Ministry of Education compiled by Yicai, among full-time primary and secondary school teachers nationwide, 5,910 hold a doctoral degree and 855,634 hold a master's degree, totaling more than 860,000; on September 14, the topic "Over 860,000 Master's and Doctoral Degree Holders Teaching in Primary and Secondary Schools" trended on Weibo's hot search.

First Cohort of University-Student High-Skilled Talent Program Opens at Wuxi Technician College, 13 of 36 Trainees Hold Bachelor's Degrees

09.08 ·Reported ·Importance III ·Sources 1 ·Wuxi, Jiangsu

According to a report by Yicai, the first cohort of the university-student high-skilled talent program at Wuxi Technician College in Jiangsu Province opened on September 8, with a total of 36 trainees, 13 of whom hold bachelor's degrees. They will receive two years of training, starting out as technician apprentices.

320 University Graduates Enroll at Shandong Chemical Technician College, with Undergraduates Accounting for 60.6%

09.06 ·Reported ·Importance III ·Sources 1 ·Shandong

According to a report by Yicai, on September 6, Shandong Chemical Technician College welcomed 320 university graduates for enrollment and registration, among whom undergraduates accounted for 60.6%, junior college graduates 38.8%, and master's degree students 0.6%. Since 2019, the college has offered order-based classes for college graduates who left school without finding employment, and has enrolled more than 1,400 people in total.

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