Hong Kong parents dismayed after HK$2,500 student grant axed in budget
Annual grants of HK$2,500 (US$321) for each of the nearly 800,000 students in Hong Kong will be cut, while spending on public universities will be slashed by HK$2.8 billion over the next three years, leaving parents unhappy about the way the government opted to tighten its belt. In an unprecedented move, the government also said…