The economic significance of student loans

  economics of student loan student loan implementation and policy in higher education are often closely linked. Owing to funding constraints, the first field must be health education, transportation, defence, social services in areas such as competition, Government contributions.
due to limited education funding difficulties, higher education must also with primary education, secondary education with other levels of competition, such as government funding for education. In the 80 's, educational funds shortage is particularly prominent. Student loan exhausted first in economics is that it can increase in funding for higher education without reducing other spending. As early as age printing press, a British Economist has said any reduction in general revenue spending not shadow effect to achieve the basic objective (such as expansion of higher education, increase equal opportunities, improving academic standard) measures are to be welcomed, and student loans is one of the new measures. In 1962, United States scholar Harris predicted United States higher education of Guangdong's financial difficulties, said that higher original sources such as State funds and borrow cannot meet the social development needs of higher education, and the Federal Government assistance for the growing number of areas of shared, the solution is to expand higher education. financial credit. If you have a credit financial. higher education will be able to get goods and services the greater share in ... Student loan funding than a full financial aid forms can save (taxpayer) of public money. Harris studied this issue United States most famous "guaranteed student loan program. has not yet been implemented. Government lending to students ' main purpose is to allow students to pay tuition or living expenses. Help the implementation of policies for, and tuition is undoubtedly of colleges and universities have become an important source of income. Only from the 1994 National College of Chinese wall conditions, the year part of the tuition revenue, net of returns, directly used to make school education expenditure amounted to 1.268 billion yuan, 1.087 billion yuan to cover the recurrent expenditure of the school, 181 million Yuan for schools to raise the necessary capital expenditures. This expenditure corresponds to government financial allocations in the budget of 7.61.