| Liuyang's lack of resources in rural areas and acute shortage of investment in compulsory education have long been the fundamental factors restricting the reform and development of Liuyang compulsory education. Along with the rapid economic development and the deepening reform of public finance and rural taxation in Liuyang, the compulsory education management system in rural areas of Liuyang has experienced the process of gradual improvement and development. However, when implementing the current new mechanism of "Classified management with priority to counties", we are still facing a number of contradictions and problems caused by inadequate investment. How to take the initiative of the local government to improve the existing investing mechanism and attract the social idle funds in rural compulsory education so as to diversify the government educational funding sources, is of particular importance in solving these problems.This paper firstly analyzes the existing problems of Liuyang's rural compulsory education investment assurance mechanism and the dilemmas it faced during implementing. By probing into the causes, the paper points out the failure in achieving the value goal of the mechanism. Then, in accordance with the multivariate administrative theory and the analyses of education attributes, the paper considers education as local quasi-public goods, indicating that the management mode of rural education should be transferred from the single government-centered management to the multi-centered management within the three dimensional framework consisting of government, market and society. By analyzing the feasibility of diversified rural educational investment, the paper advocates that the education investment diversification mechanism should be carried out. On this basis, the paper further explores the various education investment diversification modes such as diversified school-running modes, expanded education investment channels, and exploited sources of government education funds. It also gives advice on the improvement of education investment assurance mechanism with an eye to the sustained and healthy development of education. |