Credit Risk Research On National Student Loan

In the 1990s, our country started to cancel the free higher education gradually. Along with the enhancement of tuition fee unceasingly, The demand of students to student loan increased synchronously. Under this kind of big background, the country started to implement the national student loan policy in 1999, but The national student loan business did not carry on smoothly. loaned student's high default rate struck the bank's enthusiasm down seriously. Although the government promulgate the new policies to perfect the national student loan business continuously, the phenomenon that graduates broke contract still exists widely, the management methods of national student loan's credit risk need to enhance urgently. To the default phenomenon of graduates, it has the vital practical significance and the theory value that constructs the university student credit rating model, perfects management methods of credit risks, promotes national student loan business's positive cycle, strengthens the consciousness of university student's credit .On the foundation of elaborating domestic and international student loan credit risk management means, the article took the factors of affecting the credit risks as the breakthrough point and constructed the national student loan credit risks index system. Then it utilized the cluster analysis method to establish credit risks rating model for national student loan, which will cause the bank to move ahead the risk control point in order to control the graduate's default risk effectively and promote positive development of national student loan business. Before the cluster analysis carries on the credit rating, the article firstly utilized the factor analysis to deal with data. The model rejected the variable relevance, made the model's explanatory ability stronger, and forecasted graduate's credit violation risk accurately. Based on this, the article carried on the applied analysis and the value analysis to the model conclusion.To enable the credit risks rating model to be applied scientifically and widely into national student loan, in accordance with the model's need, the article put forward related accessorial measures from policy and technology aspects. At last, the author summarized this article's research results and innovation, and pointed out this article's deficiency especially, as well as prospects of following research.