Abstract
Currently China is actually feeling unprecedented development in higher education enrolments, with this trend set-to keep. If or not higher education capital coverage might be able to support it extension is actually a significant point for both education outcomes and you will monetary increases. Having fun with cross-sectional earnings study regarding the Chinese Family Income Opportunity we discover one a significant proportion away from reduced-income students have a leading likelihood of proceed this link here now sense financial hardships that have most recent financing preparations, implying high degrees of pecuniary hardship, a reliance upon members of the family to fulfill payments so you’re able to stop trouble, and for certain, standard.