My starting summon is a small skeleton-Chapter 264 - 261 Credit System

The Director-General of the Education Bureau laughed when he saw these applications.

What were all these guys thinking?

Did you also have a father named Lu Haikong?

He unhesitatingly rejected all the applications and even picked out a few particularly fanciful ones for public criticism.

This left the leadership at various universities dumbfounded.

What was this, if everyone was requesting reforms, why was it okay for Lu Wu and not for them?

Was it because their schools were too well run?

Not like Jiangnan University, which was about to fail?

On this point, the Education Bureau also stepped forward to respond, clearly indicating that, yes, you guessed right, it was because of this.

Of course, the way the Education Bureau spoke was a bit more diplomatic.

They stated that Jiangnan University’s reform was a targeted experiment by the Education Bureau.

Experiments carry risks, so for the time being, the reforms at Jiangnan University would not occur at other universities.

With these declarations by the Education Bureau.

The leaders of the universities previously rebuffed felt much better.

Yes, they were rebuffed because their schools were run too well.

That was just the way it was.

It’s hard for the competent to mess things up.

Afterward, they gave up on the idea of taking advantage of the situation and instead focused their attention on Jiangnan University.

They settled down to watch developments.

…

At Jiangnan University.

Under the leadership of Lu Wu, the reforms began.

The original grade system was abolished, and each grade and class was also abolished.

Lu Wu turned the school into two departments: Summoning and Cultivation.

The Summoning Department was divided into Combat and Exploration faculties.

The Cultivation Department was divided into Beast Breeding, Equipment, and Potions faculties.

Each student could choose to join one of the faculties.

After joining, students would receive basic instruction and, after completing the basic instruction, could freely choose their courses.

Additionally, Lu Wu established an Academic Points system.

Academic Points were essentially the equivalent of currency on campus and could be used to alter living conditions.

They could be used to learn skill training plans, enter secret realms, and purchase cultivation materials.

As long as you had enough points, you could pretty much do whatever you wanted.

There were several ways to earn these points.

One was by automatically receiving 10 points upon enrollment.

Another was by applying for assessment after completing course studies and receiving points based on assessment performance.

Additionally, the school would offer missions, and completing these missions would earn corresponding points.

Moreover, Lu Wu planned to create a top 100 leaderboard, where students who made the list could also earn points.

These were the few ways to obtain points at present.

Lu Wu’s system, while simple in explanation, was challenging to implement.

There were quite a few issues to be resolved.

Fortunately, at this time, Lu Wu’s authority in Jiangnan was unshakable. The teachers might have had their opinions, but Lu Wu’s orders were always carried out immediately and without reservation.

In just five days, Lu Wu had roughly set up the framework.

But soon after the framework was established, Zhang Wentao immediately realized there was a problem.

They were running out of money!

Previously, Zhang Wentao had optimistically said that the school’s account with over twenty million points was enough for Lu Wu to spend for a year and a half.

But just after a few days, they were nearly out of money.

This was mainly caused by the credit system.

In Lu Wu’s design, the value of Jiangnan University’s points was roughly 1 to 10 compared to the Internal Network Points, and conversion was open.

Lu Wu had immediately issued 10 points to every student.

Currently, Jiangnan University had a total of 18,111 people, which meant about 1.8 million points.

At the beginning, when the money was allocated, Zhang Wentao was quite pleased—it was just 180,000 academic points, equating to 1.8 million points, right? He had given them since Jiangnan University was financially able now.

But soon, Zhang Wentao couldn’t smile anymore.

Because these students had quickly completed the basic courses and passed the exams for those courses.

That meant another expenditure.

Zhang Wentao then felt a bit of heartache, and soon after, the students who had completed the basic courses began to choose courses they had previously studied.

They completed the courses quickly and passed the assessments.

For courses like these that students chose by themselves, as long as they were offered by the institution, they were free, and passing the assessments even earned them academic points.

For the seniors, this was a legitimate opportunity to rack up points.

They couldn’t possibly pass up such an opportunity.

Under these circumstances, some of the top students managed, within a week, to boost their points to 231, which was practically equivalent to earning 2,310 points weekly, translating to at least tens of millions in cash.

And the headache for him was that a large portion of students converted their academic points into internal network points.

Even if they didn’t convert all, they did convert a part.

Despite Lu Wu’s rule that the conversion from academic points to internal network points was limited to a 1:10 ratio and from network points to academic points at 12:1, these students still made the exchange, clearly believing the internal points were more reliable.

This nearly bankrupted the university’s finances.

Zhang Wentao was in tears.

Hugging Lu Wu’s legs, he begged him not to open more channels for converting academic points into internal network points. At this rate, they wouldn’t even need Jiangbei University to intervene—they’d go bankrupt within a month.

“Stay calm, let them exploit it a bit more; if it’s not enough, I’ll transfer some funds from the company to cover it.”

Lu Wu obviously had a contingency plan.

But he didn’t share it, leaving Zhang Wentao uneasy.

It also made the onlookers anxious.

Everyone thought it was over, that Lu Wu had played too big, and they might accidentally break Jiangnan University.

At this rate, it would be a miracle if Jiangnan University could last a month.

This even made the students of Jiangnan University nervous.

Some people pleaded not to rush the conversion of points, to leave some leeway for the institution.

But it was useless, human nature is selfish; some things just can’t be controlled.

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Despite knowing that continuing this way might lead to bankruptcy, the students would not stop.

From their point of view, it was a systemic fault.

If they didn’t convert, others would, and the university’s finances would eventually collapse; if they were late, they might miss out.

Some even thought, what does the university’s bankruptcy have to do with them?

At worst, they would just transfer to Jiangbei as students; they might as well make a profit first.

As for the possible consequences that Lu Wu might impose, they were not afraid.

The worst would be expulsion.

In response to this situation, Lu Wu’s solution was simple.

He poured all the remaining funds into organizing the first internal Summoner competition at Jiangnan University.

The competition was normal, but the rewards were abnormally generous.

The first place could even win a Golden Quality Summoning Beast Baby.

Even those who finished in the top hundred would receive 100 academic points and a cultivation plan tailor-made by Lu Wu (with no limit on time or users).

And the only condition to enter the competition was having 300 academic points.

Everyone could see that this competition was Lu Wu’s strategy, but they still fell for it, mainly because the conditions Lu Wu offered were too tempting.

Top hundred could receive the cultivation plan tailor-made by Lu Wu.

And with no time limit or user restriction, either.

What kind of person was Lu Wu?

He was the youngest Cultivation Master in history, destined to become a Grandmaster level figure.

This was equivalent to a promise from a Grandmaster, and not just students from Jiangnan University were interested, even those outside the university were too.

This competition intensified the previous rush to convert points.

However, the scenario changed from converting academic points to internal points; now it was internal points to academic points.

With the conversion rate at 12:1, Jiangnan University managed to regain some ground.

Later, Lu Wu set the competition date three months later, using this opportunity to stabilize the academic points and resources within Jiangnan University while seizing the chance to implement reforms.

Optimizing issues brought about by the operation of the credit system.

This brought the previously collapsing reform back on track.

But Lu Wu only had three months to complete these changes; otherwise, at the end of the competition, the rush could happen again.

For Lu Wu, this was like setting a difficulty mode for himself.

Of course, there were ways to solve this, simply by ending the exchange of academic points and internal points—but Lu Wu was reluctant.

The academic point system was his core weapon for developing Jiangnan University; cancelling the exchange between academic points and internal points would make rapid development of Jiangnan University nearly impossible.

So, for now, Lu Wu could only make a big move.

While Lu Wu was preparing his big move, another major event occurred in the Summoner University Circle related to Jiangnan University.

Zhang Yuechu had just conquered Jingcheng University, completing the grand tour of academic visits.