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TAL Education Group (TAL)

NYSE - NYSE Delayed price. Currency in USD
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4.3600-0.1700 (-3.75%)
As of 04:00PM EST. Market open.
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    (Bloomberg) -- For the past five years, Catrina Cowart started most of her days at 5 a.m. with a live-streamed call from China. Through a tutoring app called VIPKid, the freelance writer in Lexington, Kentucky earned $21 an hour teaching English to Chinese kids, more than what she would have made at a local school. But her routine ended this summer after Beijing decreed a large portion of its $100 billion private education sector illegal.Most Read from BloombergAmazon Sued Over Crashes by Driver

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    China Freezes Tutoring Firms’ Fees, Enrollment Pending Approvals

    (Bloomberg) -- China has banned firms that teach school subjects from enrolling new students or collecting fees until they’re officially registered as non-profits by the end of 2021.The education ministry now requires those companies to complete their registrations before the end of the year, it said in a notice posted Tuesday. The edict was the latest in a stream of incremental regulations directed toward a once-thriving online education industry since July, when Beijing forbade after-school tu