Detailed View

Export the results of this page in detailed view as PDF
V. Foreign Higher Education and Education Systems, International Relations, Bilateral Relations
B. Essays, Commentaries, Statements
Author SHEN, Hua
Title Student loans repayment in China : designing a new model to ease the repayment burden / Hua Shen, Hong Shen and Adrian Ziderman
Publication year 2009
Source/Footnote In: Higher education in Europe. - 34 (2009) 2, S. 281 - 290
Inventory number 26688
Keywords Ausland : China : Studenten, Studium, Lehre ; Studentenschaft : Studienverhalten ; Studiengebühren
Abstract The relatively short repayment periods of four or six years after graduation under the Government-Subsidized Student Loan (GSSL), the main student loans programme in China, has, since its implementation in 1999, imposed considerable hardship in repaying loans. This paper presents a new diversified repayment model, the 'geometric proportion repayment' model in which the repayment ratio is kept within 10 per cent of income, thus both easing the burden of repayment and reducing subsequent default. The results of an ordinal regression model, based on data from a sample of university graduates, provides a method of estimating the (unknown) salaries of graduate borrowers on the basis of known information of their work/employment situation. (HRK / Abstract übernommen)