Research On Multiple Sources Of Funding In American Community College

American Community College was built in 1896, since when it has not only enriched the structure of American higher education, but also become an important part of American higher education system. It promoted the popularization of American higher education and played a positive role in American economy to a certain extent. The research report issued by American Association of Community College shows: in 2012, The American community college has contributed about 809 billion dollars in total to America's domestic economy, with the increased revenue accounting for approximately 5.4% of American gross domestic product. In the past century, American community college has developed rapidly thanks to the diversified education funds that has laid the solid foundation.Firstly, this paper introduces the development process, history and the current situation of American community college, and indicates two features of American community college: One is that public community college has spred so widely with a large number of institutions; the other is that there are quite a number of registration with students from various social backgrounds, and introduces the history of the financial source of American community college. Secondly, it analyzes the present situation of multiple education funds investment of American community college. At present, community college education funds investment increases steadily, and the proportion of funds investment has been changed. The multiple funds investment has three features: state government investment is the main source with the three-level government investment complementing with the others. Personal education investment is scarce and the student sponsor system is comprehensive. Social capital investment remains large and the cooperation between school and society is mature. Thirdly, factors such as economy situation, policy of law, management mechanism, culture and population increase that may affect the multiple education funds investment of American community college have been analyzed.Fourthly, in accordance with the analysis of China's higher vocational education funds, this paper indicates problems of China's higher vocational education funds investment at present.Hence some suggestions are raised: enriching the legal safeguard of higher vocational education and fulfilling the education funds investment of every-level government, defining the tuition standard of higher vocational college and the financial aid system, building the corporation mechanism of enterprise participation and expanding the depth and width of corporation between school and enterprise.As a major American educational institution of vocational education, transport a large number of technical personnel for U.S. Economy. However, in China's higher vocational education development progress, there are many problems such as lacking of financial investment, unbalance of education funds distribution and few social capital investment, hence, learning from diversified educational investment experience of community college, enriching the safeguard mechanism of higher education funds investment remains as realistic needs.