Ling Xiao (Mi Ge) died in an accident and was reincarnated into the Soul Land. Witness how Ling Xiao relies on his foreknowledge to stand at the pinnacle of the Soul Land.
...Chapter 370 Miguel's Evaluation of Shrek Academy
There are quite a few unaffiliated, low-level academies in the Douluo Continent, but they are all relatively ethical. They collect tuition fees and teach students wholeheartedly, and they also put their heart into the Soul Hunting process. The graduation rate is generally around 90%. As for the remaining 10%, 9% are those who do not study hard enough, and the remaining 1% are those who fail to hunt Souls.
Advanced Soul Master academies are generally only responsible for the third and fourth Soul Rings. The third Soul Ring is only a little over a thousand years old, less than two thousand years old, and the fourth Soul Ring is less than five thousand years old. Under normal circumstances, the Soul Hunting Forest is enough for students to obtain Soul Rings. Those less prestigious academies are also aware of their own limitations, and their teachers value their lives and know the dangers of going to the Star Dou Great Forest. Therefore, they will take the safest route and will not take their students to the Star Dou Great Forest at all. As a result, the probability of those less prestigious academies failing to hunt Soul Rings in the Soul Hunting Forest is really low.
As for the remaining failed soul hunts, it was mainly because there were no suitable soul beasts in the Soul Hunting Forest for the students. Therefore, they had no choice but to try their luck in the Star Dou Great Forest. The students who could go to the Star Dou Great Forest were the apple of their teachers' eyes. Each time they went to the Star Dou Great Forest, several teachers would protect one student. Once they encountered powerful soul beasts, the teachers would fight if they could, and if they couldn't, they would quickly retreat. As for the deaths from failed soul hunts, it was basically because the soul beasts were far stronger than them, and the teachers had no ability to resist.
Miguel learned some details about Shrek Academy through his investigation, but in summary, the academy was a fraudulent institution, the kind that preys on people for money and even murders. It was the worst of the worst, the most worthless of all the shady academies.
To put it simply, Shrek Academy not only swindled students out of their application fees, but they also cheated those who were admitted. According to Miguel's own investigation, Shrek Academy did indeed admit 62 students in the past 20 years, including Dai Mubai, Oscar, and Ma Hongjun. As for those who actually graduated from Shrek Academy, only Qin Ming and one of his seniors actually did.
This means that so far, only two people have graduated from Shrek Academy. Of the remaining sixty, three did not graduate, forty-seven were fed to soul beasts during the Soul Hunting event, and the remaining ten, although they did not die, were ruined by the academy's poor quality and lack of resources. They are now riddled with hidden injuries and have little potential left. Originally, they were geniuses who could have at least reached the Soul Saint level, but now they struggle to even break through to the Soul King level.
As for the two graduates, Miguel also sent people to investigate. Jimmy, the senior who graduated from Qin Ming, gained experience after leaving Shrek Academy and realized it was a fraudulent institution. He also knew that Shrek Academy had greatly harmed him. If he had gone to any legitimate advanced Soul Master academy on Douluo Continent, he might have broken through to level 40 several years earlier. Besides the slowed cultivation speed, he also knew that Shrek Academy lacked resources and excessively exploited his talents during cultivation, causing significant depletion of his aptitude. If he hadn't known his strength was insufficient to contend with Shrek Academy's teachers, he probably would have killed them long ago.
While reading the original Douluo Continent novel, Miguel was very puzzled as to why Qin Ming's fifth spirit ring was a thousand-year level. After investigation, Miguel realized that Qin Ming had been completely brainwashed by Shrek Academy.
When he left the academy, he thought he was a monster, that no one could compare to him. He was extremely arrogant and believed that he could definitely make a name for himself. When he reached level 50, Qin Ming thought that he could easily defeat a ten-thousand-year-old soul beast with his strength. However, reality slapped him in the face. He couldn't beat it. But he felt it would be beneath him to go back and ask the teachers at Shrek Academy for help. So he decided to sacrifice some of his talent and absorb a thousand-year-old soul ring.