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Shen, Hua; Shen, Hong; Ziderman, Adrian – Higher Education in Europe, 2009
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…
Descriptors: Student Loan Programs, Loan Repayment, Foreign Countries, Finance Reform