Improve China's Student Loan System by Using American Experience for Reference

The student loan system in colleges and universities has attracted attention all over the world.However,there are many problems with China's student loan system such as limited coverage of loans,single source of loans,single form of loan repayment,banks assuming the risk of default and high rate of default.So,American successful experience in this respect,for instance,flexible forms of loan repayment and various consulting services,can be used for reference to improve China's student loan system by taking measures at the levels of the government,the bank and the school.