A Study Of Defuse Loan Risks In Local Chinese Colleges And Universities

After the expansion of enrollment, due to insufficient government funding for education, Chinese universities generally use bank loan to raise campus construction and development fund. In the school size, school conditions and so on has made a breakthrough progress, but also accumulated huge debts. Local universities as main body of our country’s higher education, in the local government invested relatively finite, local colleges and universities liabilities problem seems more severe. Because of the huge debt pressure, some universities in financial difficulties even capital catenary ruptures. For the repayment of principal and interest, more colleges and universities efforts to reduce expenditure, reduce the daily scientific research funds, infrastructure project payment arrears, these are serious impact to the normal teaching order and educational activities, reduced the quality of teaching. Local colleges and universities massive debt problems, not only limits the universities own development, but also financial market under a huge risk, is not conducive to the harmonious development of society. In 2010 October, by the Ministry of finance, the Ministry of Education jointly issued the "on the reduction of the local college debt burden of debt", marks the government to resolve the Local Colleges Debt work officially started, how to resolve and prevent the local college debt risk has become our urgent research topic and realistic problems.Through the situation of local colleges debts, focus on the analysis of the debt risk and conduction effect negative effect. And the combination with the actual local colleges and universities to resolve the debts, choose a local university as an example, the school belongs to the newly founded local universities, loan debt is mainly used for infrastructure construction, heavy debt, debt service pressure has a strong representative, and then discusses the university loan debt risks and problems. Subsequently, from the government, universities, banks and system four dimensions, attempts to summarize the cause of local colleges and universities the deep-seated reason of huge liabilities. In addition, the introduction of domestic and foreign about debt dissolve experience, including the reform of state-owned enterprises in debt restructuring of state-owned enterprises as well as the United States federal government colleges and universities to resolve the debt risk experience and measures, for the local university debt risk to provide beneficial reference and reference model.On this foundation. put forward to resolve the debt risk of local comprehensive university strategy. The government must increase and support in local colleges and universities to resolve the debt, not only to increase the financial input, through discount, filling breath, special debt funds reduce the debt burden, also incentive measures should be taken to encourage local universities actively resolve the debts. From the perspective of local colleges and universities, should strengthen the financial budget management, build financial risk early warning mechanism; strengthen college loans management, improve the use efficiency of capital; according to their own circumstances choose the suitable debts dissolve mode; establishment of diversified financing channels, improve the long-term repayment ability.