Research On The Risk Management Of Student Loan Under The Mechanism Of Educational Cost Sharing

China began to implement the national student loan policy in 1999,and it has played an important role in helping the students with financial difficulties to complete their studies successfully and in promoting the realization of education equity.It has become an important aspect of the policy system of university student funding in China.However,compared with the policy system and practical experience of developed countries,China's national student loan policy started relatively late,and there were still some deficiencies in theory and practice.In the process of implementation,It inevitably faced a variety of problems.The student loan defaults and risk management invariably were important problem in China's national student loan policy.Based on the basic theory of "cost sharing of higher education",this paper takes the practice of national student loan of S University as the research perspective and makes a partial investigation and research on the implementation of national student loan in China.According to the national student loan data of S University from 2010 to 2019,combined with the adjustment of the national student loan policy.This paper is going to identify and summarize the risk problems in the implementation of national student loan of S University.In the process of risk analysis,this paper use perspective of four major actors which is government,university,bank and student to analyze the cost and risk sharing of higher education,to explore the causes of the risk problems,and to make a comparative study of the two loan modes,i.e.the national student loan and the credit student loan,so as to explore the similarities and differences of the risk generating mechanism in the operation process of the two loan modes.Finally,provide some countermeasures and suggestions to improve the risk management of national student loans.On the government side,we should complete the individual credit system and risk compensation mechanism,improve the subsidy effect of the student loan compensation system,and play a greater role in the sharing of education cost and risk.In the aspect of bank,we should establish a scientific and effective risk assessment and risk prevention system for student loan,improve the risk management level of student loan,constantly complete the loan repayment mechanism,and reduce the risk of default.In the aspect of college and university,we should strengthen the resource investment of loan work,improve the professional ability level of risk management of staff,carry out the education of credit and financial knowledge,strengthen the employment guidance of loan graduates,enhance the students' awareness of credit and loan repayment ability,and resolve the default risk of national loan for school aid.On the part of student,we should improve their financial knowledge level,enhance their sense of honesty and contract spirit,actively exercise their comprehensive strength,improve their ability to repay,and reduce the risk of default of national student loans from the subjective factors.