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Notes -
The is what Hong Kong does, where highly sought-after schools (ranked by their college acceptance rate) fly through government mandated curriculums and spend most of the time running exam or actual tutoring, with officially optional but in practice mandatory after school lessons from the very same highly credited teachers whose job based on student's standardized exam result, competing with their teacher peers within the same school, forming a highly competitive market between teachers.
Then, after these after school lessons, student can go to other private tutoring class where they finish their homework and get semi-personalized tutoring to fix their weakness or strengthen their strengths
A typical high performing student in there study from 8am to 7/8pm, with maybe a total of 2 hours in between
If you include all the prep work of teaching/tutoring, you realize this cannot be done by a single teacher per subject, and capitalism determined that running coaching centres with per subject enrollment is the equilibrium, as parents can select the best tutor and studying environment based on their child's characteristics
And then you have all of these magnificently qualified Hong Kongers who go to Stanford or Berkeley or Caltech or Columbia who come back to Hong Kong and work mid level back office jobs, at least in my experience, which I always find crazy. Maybe the good jobs all go to HKU or indeed Tsinghua grads but even a lot of them seem to end up in the middle leagues. Is it elite overproduction gone crazy?
It goes from upper middle class to lower middle class depends on qualification, due to the none existance of middle class safety net many choosed to remain in a middle class lifestyle with their middle class job instead of starting a business or joining startups
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