A Study On Fiscal Investment And Loan Of China’s Higher Education

Along with the rapid economic development, the demand for innovative talentsis increasing. Higher education as the main channel for cultivating innovative talents,plays an important role in economic development, and how to develop highereducation has become the key to economic development. Funding is indispensable tothe development of higher education. National finance is an important source of fundsfor higher education. Therefore, it appears to be extremely urgent to conductexploration and research on the national investment and financing of higher educationactively, to play an effective role on the government’s financing function, to promotethe development of higher education, to raise the level of economic development ofthe whole society.On the basis of fiscal investment and loan and other related economic theories,the integrated use of a variety of methods on fiscal investment and loan of China’shigher education were studied:Firstly, the results of previous studies are describedand the theories of fiscal investment and loan of higher education and the governmentintervention in higher education field are introduced,which lay the theoreticalfoundation for the research on the subsequent chapters; Secondly, fiscal investmentand loan of higher education status and problems are analyzed, and econometricmodel is adopted to analyze the benefits of fiscal investment and loan of China’scollege graduates, and analyses the financing channels of China’s higher education. Itis concluded that the system of fiscal investment and loan of China’s higher educationis not perfect and financing channels are too single.The ultimate goal of this paper is to propose suggestions to improve the fiscalinvestment mechanism on our national higher education in view of the existingproblems in this area:Firstly, the overall fiscal investment and loan system should beimproved; Secondly, the legal system related with fiscal investment and loan ofChina’s higher education should be improved; Finally, the financing channels of fiscalinvestment and loan of China’s higher education should be broadened. The union ofthese three suggestions is to help to explore the countermeasures for improving thefiscal investment and loan on the higher education in our country, and promote thedevelopment of fiscal investment and loan of China’s higher education. Withgovernmental and social investment, the fiscal investment and loan of highereducation will be rationalized, and the development of higher education will bepromoted.