The coronavirus pandemic has inflicted enormous financial damage on colleges and universities and the cost is still growing. American higher education will undergo an unprecedented financial crisis in the coming months. "Critical Care" is a plan to guide the federal response to these unprecedented disruptions facing higher education in…

It is a difficulty problem to choice repayment patterns of student loan. "Conventional mortgage-type loan" and "Income contingent loan" has been performed in many countries. These loan repayment manners have their own characteristics. In this paper, we discuss their advantages and disadvantages, and would provide policy choice…

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…

Student loans schemes are in operation in more than seventy countries around the world. Most loans schemes benefit from sizeable built-in government subsidies and, in addition, are subject to repayment default and administrative costs that are not passed on to student borrowers. We probe two issues in this paper, for 44 loans schemes in 39…

This article reviews the implementation of the student loan scheme in China, based on results of the national survey of 100,000 student loan recipients in 2007. By calculating student expenditure on campus, analysing factors which affect family economic status and also considering the possible family contribution, the gap between students' needs…

This paper examines the use of student loans, a capitalist form of educational financing, in a socialist country, the People's Republic of China. Details of the program, including eligibility, loan amounts, interest charges, administration, and repayment terms, are summarized. The paper suggests that major problems may be encountered in securing…