In order to ensure that investors get returns, the Baiou Port authorities formulated the following plan when the first general meeting of shareholders was held: the education development fund is independently accounted for, regularly audited and published to all shareholders, the specific operation is entrusted to a stable and reliable trust company, and the system eliminates corruption such as misappropriation of charitable funds, and continuously increases the value of assets by investing in low-risk, stable income financial projects such as treasury bonds, annuities, and real estate, and then takes out the part of the asset appreciation to invest in school infrastructure. Hire famous teachers and provide student loans for students from poor backgrounds. Pen ~ fun ~ pavilion www.biquge.info

At that time, the economic activities of Baiou Port were on the rise, the increasingly prosperous industrial and commercial and overseas trade belt continued to generate wealth, and the Education Development Fund also relied on the location advantages of Baiou Port to obtain the two major dividends of "stability" and "development", and the profits generated by the operation of the trust were enough to pay for education expenses.

The education development fund has gained self-sustaining ability, and the development of the education industry has entered a virtuous circle. The schools became more and more prosperous, and the states of the Bende League established a good reputation and became the plane trees that recruited the phoenix, which naturally monopolized the education industry in the North Bay. If the other states want to establish education at this time to compete with Baigull Harbor, it will be very difficult for David to try to defeat the giant Goliath. The foundation of all this lies in the strong position of Baiou Port in the Bende League, and the strong position of politics, economy and military naturally leads to the strength of the education industry, unless Baiou Port goes into decline, it will be difficult to break the monopoly position of the Dolphin Bay University District in the education circle, which is an interlocking aspect of social and economic life, which is the so-called "Matthew effect" - the better the better, the worse the bad; The rich get richer and the poor get poorer.

The development of education has grown, and the harvest season has arrived, what is the return of those industrialists and businessmen who invested in the education development fund at the beginning?

Split money from the Education Development Fund's account? That's against the law.

Sell your shares in the Education Development Fund? That's short-sighted.

The correct way to make profits is to show through the face of charity, that is, "student loans".

Among the 3,000 students of the five colleges of Dolphin Bay, there are indeed many rich children and daughters, especially the seminary, law and art schools, and the fees of these three colleges are also the highest; However, most of the readers of the Maritime College and the Engineering College come from middle-class families, some of them are still very poor, and the main purpose of their study is not to deepen their faith, cultivate their sentiments or improve their personal cultivation, nor to pretend to be forced in front of others for the sake of vassal elegance, but to put it bluntly, to master a skill, find a job that can make a living, and help their parents and relatives and friends improve their living difficulties. Rich children can not care about tuition fees, but poor children have to think about how to survive in these four years of studying, shy, unable to eat, empty desire for knowledge can not be put into practice.

The "low-interest student loan" provided by the Baiougang Education Development Fund has helped these poor students open a door to the palace of their dreams. Regardless of the city-state, if you pass the entrance exam and submit a loan application, you will receive a monthly stipend to be repaid after completing your studies.

Four years of low-interest student loans add up to a small amount, and the authorities have offered an option to forgive the poor students who have just graduated with a lot of pressure to repay.

Specifically, all students who accept the program will take the exam at the designated time and place, and those who pass the written test will participate in a joint interview meeting composed of representatives of 32 industrial and commercial guilds in Baiougang.

Business owners can make a comprehensive score based on the resumes submitted by students, written test results, and interview impressions, and then select talents suitable for the industry to sign employment contracts with them. A five-year employment contract is frankly a step lower than the salary of a normally hired equivalent academic talent, but it has the advantage that the student loan is written off after the employee completes the five-year contract.

For poor students, repaying student loans means living a hard life for a long time, and accepting employment distribution is of course necessary to give people cheap jobs for five years, but the income situation is generally more than the upper than the lower, and the burden of the newly graduated bachelor family is not heavy, and the small life can be enjoyable, and the student loan will be forgiven after five years, isn't it also good? Therefore, for the children of the poor family, the acceptance of targeted distribution is the mainstream, and it is generally regarded as a matter of good governance; What could be better than an entrepreneur who earns a reputation for charity at a cost below market price to acquire high-quality employees?

These young people who accept the targeted distribution, after five years, most of them will become the backbone of their industry, the next job contract salary increase and promotion is common, the days are getting more and more prosperous, and they have also reached the age of marrying a wife and having children to settle down, and they have formed a certain degree of path dependence on the current life, you let them change careers or leave Baiougang to return to their hometown in the countryside to start a new business, most people are unwilling, so the vast majority of people from various states and poor backgrounds stay in Baiougang to settle down, Continue to enhance the talent advantage of Baiou Port compared with other city-states of the Bend Alliance, and the talent advantage will also be transformed into more and newer inventions and creations, bringing more wealth, indirectly improving the technology and capital advantages of Baiou Port, and the gap with other city-states is getting wider and wider.

Roland does not believe that this model of running a school is a universal truth, but he also admits that the practical experience of Baiougang in promoting the education industry has a certain reference value.

For those from poor backgrounds, university life is like a long and arduous practice. Every morning at five or six o'clock, the bell of the Temple of the Deep Sea Sesila rings at seven o'clock, urging them to go to class. Young students poured out of their rented apartments or homestays, and the flow of people was like a black wave along the narrow streets towards the campus and finally dispersed in front of the lecture halls.

These halls were scattered across the various academies, and from the point of view of Roland, a traveler, the equipment was rather rudimentary, with stoves for heating the smoky miasma in the winter, and no cooling equipment in the summer, and sweltering like steamers. The hall is lined with rows of painted benches that look more like dining tables than desks, with the same style of benches, with girls (mostly from middle-class families) occupying one row, and all the other seats are crowded with boys in school uniforms—white shirts and black coats—like a group of moles huddled together for warmth.

The podium is at one end of the classroom, and the teacher sits down to give a lecture, which may last up to a morning, with no recess, and the students in the audience have to desperately copy notes in order to keep up with the rhythm of the lecture. (To be continued.) )