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高校债务的国内外研究文献综述.docx

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高校债务的国内外研究文献综述 1.Introduction Inrecentyears,theissueofuniversitydebthasbecomeasignificantchallengefacinghighereducationinstitutionsaroundtheworld.Thephenomenonofescalatinguniversitydebthasattractedincreasingattentionfromresearchers,policymakers,andthepublic.Thispaperpresentsaliteraturereviewofstudiesonuniversitydebtinbothdomesticandinternationalcontexts,exploringthekeyfactorscontributingtotheincreaseinuniversitydebtandthepotentialimplicationsforhighereducation. 2.FactorsContributingtotheIncreaseinUniversityDebt 2.1GovernmentFundingCuts Oneofthemajordriversofuniversitydebtisthereductioningovernmentfunding.Asaresultofbudgetconstraints,manygovernmentshavecutbackontheirfinancialsupportforhighereducationinstitutions,leavinguniversitieswithnootherchoicebuttoturntoborrowing.ThistrendisparticularlyapparentindevelopedcountriessuchastheUnitedStatesandtheUnitedKingdom. 2.2IncreasingCostsofInfrastructureandFacilities Anothercontributingfactortouniversitydebtistheescalatingcostsofinfrastructureandfacilities.Inthepastfewdecades,universitieshavebeenexpandingtheirfacilitiestomeetthegrowingdemandforhighereducation.Thisexpansionhascomeatasignificantcost,withuniversitiesinvestingheavilyinnewbuildings,labs,andotherfacilitiestoattractstudentsandimprovetheiracademicofferings. 2.3GrowingEnrolmentandDemographicShifts Thegrowingdemandforhighereducationhasledtoanincreaseinenrolment,whichhasinturnputpressureonuniversitiestoprovidemoreresourcestoaccommodatelargerstudentpopulations.Atthesametime,demographicshiftshaveresultedinadeclineinthenumberoftraditional-agedstudentsandanincreaseinnon-traditionalstudents.Thesetrendshavecreatedadditionalchallengesforuniversitiesastheytrytobalancetheirenrolmentandfinancialneeds. 3.PotentialImplicationsforHigherEducation 3.1FinancialSustainability Thebiggestimplicationofuniversitydebtisthatitunderminesfinancialsustainability.Theaccumulationofdebtcanleadtosignificantfinancialburdensandstressforuniversities,whichmaystruggletogeneratetherevenueneededtorepaytheird