Problems Of China's Educational Investment And Their Solutions

An effort to ace elerate economic growth through educational investment has not been a complete success in the past years in China. The main problems of educational investment are as follows: First, there is an unreasonable educational investment structure. For a long tune, China prefers to invest to higher education. This makes the average cost of college students too high and that of the primary school students too low. Comparatively, the elementary education cost of China is far lower than that of other countries, while the higher education cost is several times higher than that of US, UK and Japan. Second, we have an unbalanced investment in elementary education. Because of the different economic development and income in different areas, the educational investment varies greatly in the developed coastal areas, the underdeveloped areas and the poor areas. In elementary educational investment, stress is put on the key schools. This makes the unbalance even greater. The third is the serious inadequacy of educational investment and waste of educational resources. On the hand,Cchina is a developing country with low capacity for educational investment. The educational input level of China is lower than not only that of the developed countries, but also the average level of the developing countries. On the other hand, the waste lies in the investment structure as well as the inefficient utilization of materials, the unreasonable structure of teaching and non-teaching personnel and the small number ratios between students and teachers. The 4th is the poor scale interest. And the 5th is the low quality educational product. At present, education quality is neglected while education extension is being stressed. This leads to the low quality educational product and means the serious waste of social resources and the inefficiency of educational investment.Educational investment must be reasonably distributed to enhance its interest. The country should increase its investment hi elementary education and take the policy of unbalanced local distribution. Second, distribution of resources should be improved in order to raise the utilization rate. Third, educational investment should be geared to marketing law. Fourth, education quality should be unproved by deepening education reform and advancing quality education.