On The New Model Of National Student Loan

It has been nine yeas since Government launched NSL policy in 1996.During this period, the NSL made four major adjustments. Though national student loan program has played important role in our country, a lot of problem reveals gradually as it further develops, such as the ratio of non-compliance, high costs, low income and so on.We must research and explore solutions to the problems, such as which problems exist in NSL operation, what kind of system we must establish. The article introduces the present situation and the existing problems in the NSL operation. The main reasons are Policy objectives in contradiction with commercial objectives and credit loan in contradiction with insufficient supply of borrowers credit. The article uses the theoretical analysis method to analyze the reasons of the NSL problems and discusses student group lending.Chapter1.Introduction.This chapter offers the research theme. After review of literatures home and abroad it determined the clue of research, research content and research methods. This chapter also offers a research program.Chaper2.Foundamental of the student group lending. This chapter introduces the theory of the student group lending , such as Public product theory , Game Theory and Social capital theory. These offer the foundation for the analysis afterward.Chaper3.Analysis of NSL development process.This chapter introduces development process of the NSL and discover the characteristic of the NSL development.Chapter4.Research on NLS in Shaanxi province. This chapter analyzes survey of the NLS in Shaanxi province and the borrowers of NWSUAF, points out the existing problems of the NSL and the reasons from the investigation of the NSL in Shaanxi Province .Chapter5.On the new model of national student loan.This chapter introduces the operational mechanism and obtain of the microfinance and Small Business Association loans in China, pointing out the necessity to introduce the student group lending. In this chapter, we analyze the effectiveness of the student group lending to treat adverse selection and the moral hazard, points out the feasibility of the student group lending to promote the sustainable development of NSL effectively.Chapter6.Measures and recommendations to promote the new model of NSL. Based on previous chapters, this chapter offers policy recommendations for the development of the student group lending in China. In this study we get the following important conclusions and recommendations:1.The article finds out the existing problems of the NSL and the reasons from the investigation of the NSL in Shaanxi Province and the loan student of NWSUAF. Further analysis shows that the root causes of these problems lie in credit loan in contradiction with insufficient credit supply of student.2.Against main problems and causes in the operation of NSL, learning the successful experience from group lending, using game theory to analyze the problems of the NSL existing operational mechanism and the innovative mechanisms. It is effective of the new model to solve the problems, such as the ratio of non-compliance, high costs, low income and so on.3.Based on the new model of NSL, this chapter offers policy recommendations for the development of the student group lending in China. First, the government should expeditiously enacts NSL laws and regulations, accelerating the building of credit system. Second colleges should play a helping role. Third, commercial banks should institutes the implementation details of the student group lending. Fourth, the students must attach importance to train the credit awareness.