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Research On The Causes And The Resolving Of The Risk Of The College And University Debt

Posted on:2015-03-29Degree:MasterType:Thesis
Country:ChinaCandidate:K S WangFull Text:PDF
GTID:2297330431977328Subject:Public Finance
Abstract/Summary:PDF Full Text Request
In June1999, the Chinese State Council made the important decision of enlarging the scaleof higher education enrollment after the third national education work conference. According tothe Yearly National Statistic Gazette of the Educational Development, China’s higher educationobtained a considerable development from1998to2013.During this15years, the number ofcollege and university students in China grew from3.41million to24.681million, which meansa41.6%average annual growth rate and6.24times total increment. The enrollment number grewfrom1.08million to6.998million, which means a36.5%average annual growth rate and4.4times total increment. The gross entrance rate grew from10.5%to30%, which means a313.27%average annual growth rate and1.86times total increment.But educational expenditure in China reached4%of the GDP until2012, historical debt ofeducation is severely heavy. Colleges and universities needed have to make debt since they couldnot get enough financial support because of the limited financing channels and poor socialdonation enthusiasm. The debt risk becomes more and more serious. It has a significant practicalmeaning to control the scale of university debt and resolve the debt risk.There is no unified opinion about how to resolve the debt risk though current experts andscholars researched this problem form various angles. Based on the previous research, this paperanalyzing the current university debt condition and try to find out a way that could mostly fit toresolve university debt risk by considering both the higher education experience of westerndeveloped countries and the realities of China’s condition.This paper contains six chapters. The first chapter introduces the background of this paper.The second chapter is the theories for the research of the debt. The third chapter introduces thecurrent condition of China’s universities debt. The fourth chapter analyzes the causes of theuniversity debt from both the internal and external causes of the debt. The fifth chapterintroduces the education experience of the western developed countries. The sixth chapterintroduces advices of solving the risk of the university debt.
Keywords/Search Tags:College and university debt, Causes of the debt, Risk of the debt, Resolving ofthe debt
PDF Full Text Request
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