Research On Targeting Effect Of Home-based Student Loan

With the implementation of the cost-sharing system for higher education in our country,the problem that impoverished students cannot enter higher education at the university due to the fact that they cannot afford the tuition fees becomes increasingly prominent.In order to ensure that the majority of needy students will not lose the opportunity to receive higher education,since 1999,China has started to implement the national student loan system.However,due to the high default rate of national student loan and the lack of enthusiasm for bank lending,the implementation of home-based student loans is forcibly implemented.Since the full implementation of home-based student loan in 2007,after more than ten years of development,the scale of home-based student loan has been continuously expanded,and the amount of home-based student loan has been increasing year by year.It is a powerful measure that benefits the majority of poor students and is an important part of the national student loan policy.It is an important guarantee for impoverished students to receive higher education and promote their own development.From the perspective of the policy text design,the goal of this policy is to ease the financial pressure on students with financial difficulties and help them complete their studies in universities.So the source of home-based student loan is therefore limited to students with financial difficulties in the family.In order to achieve the goal of the fairness and efficiency of this student financial aid in colleges and universities,students with financial difficulties in the family need to be accurately identified,and to achieve the goal of granting student in poor family with accurate targetingIn this study,a combination of qualitative research and quantitative research was used to reveal 16780 students from 22 colleges and universities in H province.Based on multiple poverty identification criteria and Ravallion counter factual models to fit propensity scores,we want to reveal the target of home-based student loan and explore the goal of this loan policy.The study founds that no matter what kind of poverty identification standards define the students with financial difficulties,the loan-to-deposit ratio and loan-losing rate of home-based student loan are all higher,reaching over 50%,and the target-targeting effect is not satisfactory.Through the analysis of the reasons for the targeting effect of home-based student loan,proposals are made to increase policy advocacy,strengthen loan qualification review,construct multiple loan handling agencies,and reform single loans.