Research On The Choice Of Financing Mode In Private Vocational Colleges

Since the reform and opening up,vocational education has provided strong talent and intellectual support for China's economic and development.Nowadays,with the acceleration of industrial upgrading and economic restructuring,the demand for skilled personnel in all walks of life is becoming more and more urgent,and the important status and role of vocational education is becoming more and more prominent.In order to promote the diversification of school-running subjects of vocational education,the state has allowed social forces to enter the field of vocational education since the 1990 s,forming a pattern of common development of public vocational education and private vocational education.However,due to the shortage of funds,the development of private vocational colleges is faced with many obstacles,which makes them have no advantages compared with public vocational colleges.Therefore,private vocational colleges relieve capital pressure through financing,but there are problems in financing,such as single financing approach,more financing restrictions and less financing amount,etc.Financing difficulty has become a bottleneck restricting the development of private vocational colleges.This paper starts from the practical difficulties in financing of private vocational colleges,analyzes and compares the financing methods,so as to find out the feasible financing schemes.Vocational colleges are analyzed in this paper to bank loans,government support,asset replacement,social donations,BOT,university-enterprise cooperation,such as financing,compared the enterprise,the difference between the public vocational colleges and private career college financing,using the German "dual system" vocational education,the vocational education as well as three domestic private career college financing experience,finally the key analysis to X school of finance of YunNan province,find out the financing way of single financing,financing needs urgent problems,and combining the reality of school development planning and financing needs,design the financing options.Design first ruled out when do not have the feasibility of financing,and puts forward A + B(BOT+financing lease)combination securitization financing and ABS financing scheme,finally given the school choice financing scheme principle of the lowest cost and the time value of money,and on this basis,through pension cost method to make comparison of the two program,determine A suitable financing options of X school.Based on the actual situation of the financing gap of X school,this paper designs a feasible financing scheme,which is of practical reference value for the school to solve the financing difficulty.Solve financing difficult problem can improve the conditions of private vocational colleges,for training high quality,high level of skills talents lay a solid foundation,to promote the development of non-governmental vocational education play an important role,so this article expectations through an analysis of the common problems of financing private vocational colleges,to explore the financing way of private vocational colleges,run by the local vocational education for the future financing put forward Suggestions for reference.