Chinese Universities Debt Risk

After near 60 year development,The Chinese higher education has achieved the huge achievement.During the tenth five-years development period of China,University enrolled student population achieves 23,000,000,the raw matriculation rate achieved 21%, the Chinese higher education has changed from "the Elite education" into "the Popular education".China entered popularity stage of the higher education.With the expansion of college enrollment,lack of funds restricted the rapid development of colleges and universities,so universities(this article refers in particular to public university) turned to banks for help and began a large-scale "Silver School cooperation",the development of higher education in debt changed into a universal phenomenon.The development of "Silver School cooperation",to a certain extent,ease the financial pressure on Chinese colleges' and universities' development,colleges and universities also strengthen the hardware construction,and promote the improvement of the quality of education,even more become a catalyst for colleges' and universities' scientific research.However,as colleges and universities as a separate legal entity must assume responsibility for debt service,but lacking of investment from national,the other investment channels are sluggish at the same time,so when it is the expiry of the loan,they can not afford a heavy interest,college financial risk greatly deepened the debt crisis.The Chinese University debt riskn is created by many kinds of reasons,we can analysis the reasons into the internal factor and the external factor.The internal factor mainly has:The logistic management system is backward;non-rational behaviors;As well as learning fund procurement channel is impeded and so on.The external factor mainly has:increased enrollment is the direct cause;The root is the lack of investment; lacking of supervision of credit evaluation system;The bank gives the credit blindly also stimulate the university to borrow money excessively.So solving the Chinese University debt risk problem can seek from the three aspects,such as government,the university and the bank,the tripartite collaboration is the only way to resolve the debt risk of Chinese universities.