Studying abroad cost 700,000 yuan, returning home with a monthly salary of 3,000 yuan, I recovered in the DePIN storm of Caila.
In June 2023, I stood at Pudong Airport with my Master's degree in Finance from the University of Manchester, the farewell words of my mentor still echoing in my ears: 'China needs international talents like you.' Three months later, I signed a labor contract at a brokerage firm in Shanghai — a basic position, with a net monthly salary of 3,000 yuan. Looking at the 700,000 yuan family savings exhausted over two years of studying abroad, I finally understood what 'cognitive dissonance' meant.
The value trap of studying abroad: 700,000 yuan cannot buy back a brunch
My 700,000 expense breakdown is as follows
Expense details
Deadly blow: 2025 financial salary reduction wave, local undergraduates hired at the same time are paid the same as me. When I calculated that I would need 19 years of not eating or drinking to break even, the news of Bitcoin breaking 70,000 USD popped up like a slap in the face.