Study On Financial Investment Policies In Higher Education

The contradiction between the enlargement of higher education scale and the decline of financial investment has been looming large in recent years. Considering the low efficiency of higher education and evaluating the equity and efficiency, there appears a tendency of adjusting the government financial investment policies for higher education in many countries. After the popularization of the higher education in China, the higher education has been in a greater mess for the deficiency and low efficiency of the financial support. So the higher education development in china has strategically turned to the unity of quality, benefit and structure. The equity of financial investment policies for higher education has become the trend of the development of the higher education all over the world, and the policies in financial investment for higher education become a new research topic and bear great significance both in theory and in practice. This study will put the theories of public finance into the analysis of higher education economics, and will also provide the theoretical support for the government in improving and perfecting the macro-control policies in higher education.This dissertation will focus on three problems concerning the financial investment policies for higher education: First, is the financial investment for higher education necessary? Second, how will the government financially invest the higher education? Third, how will the government control the development of higher education on a macro level through the investment policies?The whole dissertation falls into seven chapters.Chapter 1 presents an introduction to the research problems, research perspectives and frame design;Chapter 2 gives a orientation analysis of financial investment policies in higher education. Starting from the malfunction in higher education market, it decides the financial investment functions and objectives and argues the theoretical basis for the financial investment policies for higher education;Chapter 3 is about the development of the policies in financial investment policies for higher education. It reviews the development history of the financial investment policies for higher education in China, and points out the achievements and drawbacks in investment system reforms. Then it makes a deep and thorough analysis for the problems to be settled and reform direction in financial investment policies.Chapter 4 concerns the policies of the direct financial investment for higher education. It empirically analyzes the general situation of the direct financial investment for higher education in China in recent years, and compared it with the situations in other countries. Then it proposes some reform suggestions regarding the direct financial investment policies in higher education.Chapter 5 is devoted to the indirect financial investment policies to the higher institutions. It first discusses the reason of reforming the indirect financial investment policies to higher institutions, then cmbinning it with foreign advanced experiences, it raises the reforming suggestions of strengtherning the administration of fund-raising in higher institutions and properly levying higher education taxes.Chapter 6 mainly focuses the financial aid of the government to the impoverished students. It analyzes the necessity of policy reforming concerning the financial aid to the impoverished students, then by referring to the foreign advanced experiences,it proposes that the government should bear and help to lessen the risk responsibilities in governmental student loans.Chapter 7 is about perfecting the system environment of the reform of financial investment for higher education. First it briefly reviews the system environment of the financial investment for higher education, and then it raises some ideas for improving the relative legal system, reforming the budget administration system.Form the angle the principal-agent theory,government should strenthern marco-control to higher insitutions.