Su Luo couldn't help but ask: "What if I can't earn so many gold coins?"
"That means debt." Sister Mu looked at Su Luo firmly. "If you owe a debt, you are allowed to owe 500 gold coins. In other words, after 100 days, if you still can't earn more than 5 gold coins a day, your debt will continue to increase. And you must know that these gold coins owed will be subject to interest, and the calculation is based on a 90% out and 13% return."
Su Luo glared: "This is loan sharking!"
Sister Mu nodded calmly: "Yes, this is the official usury."
Su Luo: “…”
Su Luo naturally knew what the "nine out, thirteen back" thing was. This interest rate was simply too high! Isn't this exploitation too serious?
Simply put, you borrow ten gold coins, but the government only gives you nine. Then, the monthly interest is one gold coin, and when you pay it back, you have to pay three months' worth of interest. In other words, even if you only borrow for one day, you have to pay back thirteen gold coins, and the interest is compounded... This is enough to drive someone's family to ruin!
Seeing that Su Luo finally became serious, Sister Mu was relieved and patted her on the shoulder: "Yes, that's the case. So if you can avoid borrowing, don't borrow from the official ones. Many people have fallen into this trap."
"What will happen if I borrow money? Will I be expelled from school?" Su Luo looked at Sister Mu seriously.
Sister Mu said, "If I were expelled, it would be fine. I could still live my life freely. But on Galle Island, everything is decided by Master Shu. Not even the dean of our Imperial College can interfere. And Master Shu's rule is that if you can't pay back your debts, you'll be forced to do hard labor in the mines. The mines are really not a place for human life."
Sister Mu said so much, and Su Luo summarized it. First, it costs five gold coins to survive without basic living expenses; second, you need to make money not only to guarantee basic living but also to earn tuition fees; third, don’t borrow money, don’t borrow money, don’t borrow money!
At this moment, Senior Sister Mu's communication phone rang. She pushed Su Luo into the next room and shouted inside, "Lu Danni, take care of the newcomer."
Then Senior Sister Mu said to Su Luo, "I have something else to do, you here..."
Su Luo nodded: "I can take care of myself."
"Okay." Senior Sister Mu handed Su Luo to Lu Danni and ran away in a hurry.
For students like them who are barely making ends meet, earning gold coins is the most important thing.
Perhaps it was because there were only a few people coming from the four major branches, so they were particularly united with their own people.
This student, Lu Danni, was from the Nanchu branch and had also been ostracized by the people from Zhongdi Academy. When she saw Su Luo, although she wasn't as enthusiastic as Sister Mu, she was also kind: "Just do whatever you want. If you don't understand anything, you can ask me."
She hadn't stopped working when she said this.
Su Luo took a look at Lu Danni's room. It was simple and bright, with only a bed, a table, and two chairs. Apart from that, there was almost no other furniture.
It seems like life is very difficult, Su Luo came to a conclusion in her heart.
Su Luo walked to the empty chair in front of Lu Danni and sat down, looking at the busy Lu Danni.
While talking to Su Luo, Lu Danni used her hands to nimbly stick the scattered small shells into white cranes.
These little white cranes are lifelike, and what is even more commendable is that Su Luo discovered that Lu Danni has released a lot of spiritual energy into these white cranes.
Moreover, Lu Danni's technique was very good. In Su Luo's opinion, it could be described as exquisite.
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