Case Analysis On The Securitization Of Tuition Beneficiary Right Of Oxbridge College In Yunnan Province

During the period of economic transition economy,demand of the advanced application-oriented talents is constantly rising.With the continuously push of the process of the popularization of higher education in our country,the strength of private higher education institutions improves constantly,the development of private higher education will have great prospective.As is well known,colleges need to devote a large number of money and time to building a new campus.Due to the limited national financial support,the problem of construction funds is the difficulty that private higher education institutions have commonly faced.With the rapid development of China's asset securitization market in recent years,asset securitization products are unceasingly rich,which provides a new financing channel for private higher education institutions.So this paper selects the securitization case of Oxbridge College for this study.Firstly,school profile,product information,distribution and payment are roughly introduced.Then,contrast securitization product of Oxbridge College with traditional financing method and other schools' securitization products,point out the advantages of financing effect,qualifications and strength.Furthermore,the paper analyzed the product's merits and flaws in underlying assets,transaction structure and credit enhancement.Finally,based on the problems in asset securitization market and special implied risks to private higher education institutions,the paper proposed some recommendations for the regulatory departments and private higher education institutions,hope to help schools get new financing channel,ensuring the safe operation of the asset securitization market.The innovation point of this paper is to select the first ABS case of the private higher education institutions as the research object.Analyze the advantages and disadvantages in product design,which provides experience for getting new financing channel in practical dimension.However,in this paper there still exist some limitations,the relevant information is difficult to obtain,which limits the accuracy and comprehensiveness of conclusion.