National Student Loan System

National Student Loan is in the socialist market economy, the State Council, China's use of financial means to improve the system of university funding policy, increase funding college students from poor families is a major strength of measures taken. It guarantees "Everyone enjoys the right to education" and the "ability of each person based on equal access to education." This is conducive to promoting educational equity, but also conducive to building a harmonious socialist society.Since 1999, China's state loan system has undergone a preliminary exploration, and gradually adjusted, students to student loans, credit several stages, showing the system continuously meet the needs of the supply system, the system from unbalanced to balanced development in the participating the main (national, university, banks, student) interests of the characteristics of each game, which not only solved problems to worry about the students, but also to promote the reform of the university management system. However, the student loans system, there is still a big gap of supply and demand, factor requirement is unreasonable, unbalanced distribution loan structure, bank motivation is not high, communication is not in place college student loan repayment rate issues;From the perspective of institutional economics, institutional change in the way in the not entirely reasonable, in the formal system, not the responsibility of government, laws and regulations are not sound policy position and the conflict between commercial operations, the National Student Loan recovery mechanism is not perfect, the lack of constraint violation occurred and effective measures in the informal system of traditional ideas, honest little awareness of, participation in the National Student Loan principal understanding of the conflict and the implementation of the system, the lack of a sound institutional environment individual credit system, imperfect, system implementation costs are too high, and so forth, is the main reason contributing to this problem. Thus, in referring to foreign student loan system to participate fully in the government building, diversification of loans, repayment forms, and risk prevention mechanism based on the experience of sound, etc., active promotion of compulsory and System Changes Induced by combining the development the official National Student Loan Act, clearly the respective responsibilities of participants, and actively promote the students source credit student loan system, increase the national student loan information, strengthen student awareness of integrity, establish and improve the process of implementation of National Student Loan monitoring mechanism, improve personal credit system to constantly improve the national student loan system, play its due role.