The repayment period of the loan for studying abroad in China is 1-6 years, depending on the loan period chosen by the borrower. The bank will decide the specific loan period according to the expenses and guarantees required by the borrower for studying abroad.

In p>217, a study by a research institute in Wisconsin found that it took an average of 19.7 years for graduates of the University of Wisconsin to pay off the loan owed by their undergraduate studies. If they study for another graduate student, it will take 23 years to pay off the loan. Taking the medical profession as an example, according to USNEWS, it is normal for medical students to spend more than 55, dollars a year on average tuition and living expenses. Top medical schools like Harvard and Johns Hopkins cost about $1, a year plus living expenses.