Many stores of Wall Street English in Shanghai have closed, so students can't attend classes normally, but they still need to repay loans from financial platforms or banks. Students can safeguard their personal rights and interests through formal channels, and the company should repay part of the tuition fees before the Wall Street English Belt officially declares bankruptcy.
Students need to repay on time through banks or financial platforms. Under normal circumstances, banks will set different loan quotas according to different situations, and many people will be exposed to school loans. Some students have different family circumstances, and schools and banks will open student tuition loans. Students can get the amount in the loan in advance, and they can make up the amount owed by the loan by making regular payments to the bank after work. In addition, students have gained some knowledge and room for improvement through counseling institutions, but these counseling institutions do not assume the responsibility of repaying loans for students.
52% of the students still need to repay the loan. With the news of the bankruptcy of Wall Street English, many students are very worried about their personal tuition fees, and even some students have just obtained loans through banks or financial institutions. If students have paid part of the funds in accordance with the relevant provisions of Wall Street English, they can ask the relevant departments for help and get some compensation. Before most counseling institutions declare bankruptcy, these counseling institutions will take certain refund measures for students to minimize their spending on learning. However, this phenomenon does not mean that all counseling institutions will start from the perspective of students, especially companies that are about to close down. In order to ensure personal interests, companies will do things that hurt students' rights and interests.
Generally speaking, it is a personal behavior for students to borrow money from banks and financial institutions, and these students should repay the loans they owe. If students don't get the reply and compensation from Wall Street English within the specified time, they have the right to safeguard their legitimate rights and interests through the law and relevant departments. What's more, some students have just paid the money, and there are rumors that Wall Street English will close down, which will inevitably give students a very poor learning experience. Most counseling institutions will start from the personal point of view, but ignore the overall feelings of students.