The new regulation also declared that all tutoring companies working with Chinese students had to be not-for-profit.
American tutors have been making from $14 to $25 an hour through these services.
Those tutors were serving more than 600,000 Chinese children.
While the Chinese market for tutors has closed, there are still opportunities for online teaching as a main source of income and a side gig.Check out our list.No Interest ‘Til Almost 2027?Credit Card Interest? Never heard of her.These cards offer 0% APR for up to 21 months.That’s almost two years to get your finances togethe. Balance Transfer = Credit Card Cheat Code
Some teachers who lost work took to social media to express their feelings.
Saying good-bye to her students was difficult, she tweeted.
No Interest Til Almost 2027?
He said his website traffic increased by 10,000 page views in early August compared to early July.
Tutor.comis still accepting applications from qualified teachers for other assignments, the statement said.
Over the past year, we have been piloting several education programs outside of China.
In the 1970s, the Chinese government began limiting families to one child.
That restriction ended in 2016.
GoGoKid issued a statement to its teachers on its website that classes would stop immediately.
Firms that have stopped recruiting and hiring tutors include Zebra English, Whales English and Landi English.
Xueersi Online School 1 on 1 announced it is no longer hiring non-Chinese tutors.
Kent McDill is a veteran journalist who has specialized in personal finance topics since 2013.
He is a contributor to The Penny Hoarder.