Higher education, funding policies, comparative studies, China, United Kingdom
Abstract
China and the United Kingdom have numerous similarities when it comes to higher education funding policies, and both have gone through a process from “single” to “diverse”. The purpose of this paper is to make a comparative study of the higher education funding policies in China and the UK from the perspective of education finance, and to expose the similarities and differences through an in-depth analysis of the higher education funding objects, funding methods, funding subjects, and repayment methods in the two countries, and to find that there are problems in China’s higher education funding, such as the limited scope of funding, the lack of coordinated student financial aid institutions, the imprecision of funding, and the imperfect repayment system. Learn from the successful experience of the United Kingdom and propose to integrate into the construction of a subsidized education environment for China’s higher education funding; Improve targeted funding and people-oriented; Establish a complete repayment system and extend the repayment period to ensure that more students graduate smoothly and promote educational equity.
