Analysis On The Demand And Policy Suggestions For Commercial Student Loans

At present,as the cost of higher education increases,college students need bear the corresponding renewal fees to share the cost of higher education.Many students cannot afford tuition and living expenses due to family poverty.The purpose of the national policy student loan is to help poor students meet their living needs,and then ignore the students' development needs.Therefore,policy-based student loans are restricted by low loan amount and short-term loan conditions,and it is difficult to meet the needs of students.There has been an imbalance in the supply and demand of student loans in the financial market.As a result,informal commercial private sdudent loans flooded into the campus,and the financial supervision department resolutely banned them.Various phenomena have highlighted the huge demand potential of the commercial student loan market.The logic of student loans should be for students to use future expected income as collateral for intertemporal consumption to meet immediate learning expenses,support personal ability development,and they should earn income to repay loans after graduation,and the logic of student loans should be same as general commercial loans.The collateral for ordinary commercial loans is physical collateral,while the collateral for student loans is contingent income.The current policy student loan considers that the short-term funding gap of students exists only in poor families,that is,the students are regarded as appendages attached to the original family,rather than independent individuals.However,when students are treated as independent individuals,it is not difficult to find all Students face a shortfall in spot funding.Therefore,there is no contradiction between commercial student loans and policy student loans.This article focuses on the theory of smooth consumption to explain the basic logic of commercial student loans,that is,students can perform intertemporal smoothing,which is the smoothing of intertemporal consumption in the theory of life-cycle lasting income.Students with insufficient current income can take intertemporal alternatives to consumption.Savings and borrowing are the maximization of consumer's utility throughout life.This paper uses a questionnaire survey of college students in Liaoning Province to elaborate the demand for commercial regular student loans,uses a logistics model to conduct an empirical analysis,and proves the current imbalance in the supply and demand of student loans through empirical results.From the aspects of respecting the individual independence of students,meeting the needs of students' ability development and targeting the behavioral characteristics of student groups,we elaborated the basic model of the commercial student loan program for China,and provided product descriptions of the commercial student loan program,and proposed the corresponding policy suggestion.