Investment And Cost-Benefit Analysis Of Higher Education In Hunan

Higher education has a great effect on the development of economy. Along with the development of Hunan' s higher education, its higher education plays an extremely crucial role not only in Hunan' s economy, but our country' s economy. Speaking of development of higher education, investment is one of the fundamental element. Higher education in Hunan has been struggling two challenges: one is lack of educational funds; the other is the low efficiency of using the educational resources. This article attempts to carry out research on this specific phenomenon. Through analyzing the investment, the expenditure and cost-benefit some major factors of Hunan' s higher education, this study tries to introduce and initiate some broader thinking on higher education development.This paper consists of four chapters. The first chapter, including three sections, introduces the basic theories of higher educational investment benefit. In this chapter, by introducing basic concepts and features of higher educational investment, discussing meaning of cost-benefit and its features and analyzing the importance of studying in this field, it is obvious for us to believe that benefit is an important factor to measure higher educational investment.The second chapter is to analyze benefit of Hunan' s higher education investment. Section one describes the status quo of Hunan' s universities and colleges. In section two, a guideline and methods fordata gathering and calculation have been set up. Benefit is divided into inner benefit and outer benefit. For the inner benefit, this study carried out its data analysis and calculation according to the ratio of human resources, material resourc.es and financial resources. For the outer benefit, it starts with the contribution proportion of higher education to the increasing rate of Hunan' s national income. Finally, it comes to the conclusion that higher education is the lower contribution to economy, less efficiency of using educational resources. Then it sets forth some reasons to elaborate the conclusion.The chapter three discusses main factors that have effect on Hunan* s higher educational investment benefit, based on the status quo of Hunan' s higher educational investment. Section one discusses the educational investment and financial management. Educational management system is discussed in section two. In section three, it talks about the colleges' or universities' management policy. And in the last section, it analyzes the size of university has impact on the investment benefit.According to data gathered and data analyzed, in last chapter, it discusses some strategies and policies which may apply to solve the problems of Hunan' s higher educational investment and use of educational resources.