A Study On Low Repayment Rate In State Study-aided Loan And Its Countermeasures

With the deepening of the reform of China's higher educational payment system, indigent students are confronted with an obvious problem that they are not able to pay for their tuition. Accordingly, the government has implemented a national loan system for students since 1999, from which students benefited and completed their education in universities, meanwhile, however, it has become a serious problem that the low rate of repayment tends to be a detriment to the loan system.Firstly analyzing the indispensability of implementation of national loan system in this dissertation, the author advocates that the rate of repayment plays an important part in the development of higher education, and discusses some negative impacts engendered by the situation of low rate of repayment. Researching on the status of loan system, the standard of higher educational payment, the labor market, incomes of graduates, and the integrity of society, the author tries to find out the reason of low repayment, and correspondingly, deduces that the status of loan payment system is imprecise, higher education requires an unaffordable tuition, the structure of labor market and job is unreasonable, and the integrity of society is quite undesirable, all of which lead to the low rate of repayment. Finally, the author proposals some concrete countermeasures to resolve the problem, including the establishment of a rational standard of tuition, adjustment of labor market to hoist the income of graduates, strengthening the accountability of company to supervise the repayment of employees and the punishment of default, consummation of the integrity system and introduction of CO-OP, and design of repayment mode which bases on interest, time limitation, ways of repayment and regulation of absolvent to improve the rate of repayment.