The Optimization Research And Benefit Analysis Of National Student Loan Policy In China

With the establishment and development of the socialist market economy, that science and technology are the primary productive forces is well acknowledged and the whole country has an increasingly demand on knowledge as well as on the highly educated talents. In such a context, China started its reform of high education that all the universities and colleges expanded its enrollment in succession and practiced the charge system. The basic national conditions that our country is in now and has long been at the primary stage of socialism’s determines the imbalance of social economic development in our country and the existence of the gap between rich and poor, inevitably resulting into some students with financial difficulties who cannot afford their education charges. In order to solve the problem, national student loan policy came into being.Since1987when the regulations on college student loan were released, the study on national student loan policy has never stopped. The government pays high attention to student loan policy and has conducted a series of studies and argumentation, continuously adjusting and improving it. It was not until2004when the new national student loan mechanism was established that the student loan work gradually got into the right track. With the increase in the amount of loans and the number of students who get the loan, national student loan, taking the dominant place, has become part of the students subsidize policy system in every college and university.The national student loan in China, by its very nature, is a government-sponsored credit loan to guarantee students with financial problems could equally enjoy their rights of being educated with financial tools in the background of socialist market economy, and it is a policy, also a commercial and risky investment. The national student loan is significantly important in ensuring students with financial difficulties smoothly completing their education, achieving the equal opportunity of education, maintaining social stability, ensuring the smooth running of college, promoting the sustainable development of higher education, and accelerating the economic and social development. However, some problems have emerged in the process of implementation, for example, the high rate of non-performing loans, small loan amount that students could apply, imbalance in different regions, etc,. Thus, it is urgent to optimize our research so as to further update the ideas on the national students-loan, standardize the working mechanism of the national students-loan and effectively improve the student loan management.In the thesis, comprehensively applying multi-methods including literature review, field investigation, policy analysis, systematic analysis and comparison, and data analysis, the author conducted an empirical study on the new student loan mechanism based on Shandong University. According to the findings as well as the author’s thoughts and experience in national student loan for years, an overall analysis of the existing problems and their hidden causes is given in order to explore an optimized way of national student loan policy in China.