| From the year 1999, Because of the continuous enrollment expansion, the scale of school has expanded rapidly and various inputs have increased sharply. The contradiction between the deficiency of educational funds and the great demand of capital resulted from the development of colleges and universities is becoming more and more aggregative. In order to alleviate this contradiction, colleges and universities start to get loans from banks to an increasingly significant extent. It has become a common phenomenon to run colleges and universities with debts. With the help of educational loans, higher education has been continuously developed. However, excessive loans cause serious financial crisis for colleges and universities. Financial crisis of colleges and universities may let the school not work, or that it converts to a government financial risk. Side effects of developing with debts of colleges and universities may also be that the invested items become wasted, that the qualities of teaching decreased and that the fame of universities and colleges be influenced.This paper begins with the concept of liability risk of colleges and universities, and on the bases of research on sample college A, and also on "Triangle Cooperative Mode" of Burton R. Clark, from the aspect of relations between governments and colleges, between colleges and markets, and between markets and governments to get the potential reason which is that, First, Government has the phenomenon which is absent from their duties and overrun. Second, Academic power has not got the right of decision-making, so it lacks the influence on market and government. Third, The market to higher education is not fully developed, and colleges and universities cannot get sources from market as more as they need. After the research, we believe the liability risk can be dispelled through the improvement of relations between governments and colleges, between colleges and markets and between markets and governments to make the market be a intermediary of governments and higher educations; To seek and establish intermediary organizations like University Grants Committee; To make the government be a buffer between higher educations and markets; To make the intermediary organizations between higher education and markets play a more important part; To expand the financing channels of liability colleges; To establish intermediary organizations between universities; To establish university brand-the buffer between government and markets; and to establish professional donation organizations etc. |
