(1) Promote fairness.

However, from the perspective of social equity, it is obvious that the future of children should not be determined by the property status of parents.

② It has certain externalities.

More people receiving education will make the operation of society smoother and more stable and increase the overall interests of the country.

③ The capital market is not perfect.

Financial institutions in the private sector are reluctant to fund education. They are worried that if they are not repaid, people with insufficient funds may be deprived of educational opportunities.

Extended data:

Analysis on the Current Situation of Financial Expenditure on Education in China

(A) the total investment in financial education expenditure is low

The development level of education is often an important standard and yardstick to measure a country's quality and comprehensive level, and plays an important role in the revitalization of the country. In recent years, China's financial expenditure on education is not very active, and the proportion of education expenditure in financial expenditure is still slow, even showing a downward trend. At the same time, although the proportion of fiscal education expenditure in GDP has been above 4% since it first exceeded 4% in 20 12, there is still a big gap compared with developed countries. The main reason is that China has long put economic development in the first place. In order to pursue higher performance, the government has invested more financial expenditure in productive and industrial industries, thus ignoring the importance of education investment, and the funds invested in the education industry with long effective time are seriously insufficient.

There is a big gap between urban and rural areas and between regions.

At present, the voice of "unfair education expenditure" and "education should be tilted to remote areas" is getting louder and louder, and the compulsory education expenditure between regions is unreasonable. At present, the level of compulsory education expenditure among regions in China is seriously unbalanced, and the level in developed regions is much higher than that in backward regions. The geographical location of the eastern region determines that China will give priority to the development of the eastern coastal and political and economic center cities. The overall economic level of eastern urban areas is higher than that of other regions, and the proportion of financial education expenditure is also biased towards the development of eastern cities, which clearly reflects the gap in education investment between regions and leads to the disparity in education development between the eastern and central and western regions.

Secondly, the gap between urban and rural financial education expenditure and the structure of urban and rural education expenditure are unreasonable. Because the Chinese government allocates more educational resources and financial expenditure to cities, the educational expenditure in rural areas is obviously lower than that in cities, which leads to a low starting point of rural education, poor educational environment and backward educational infrastructure, especially in poor rural areas in the central and western regions. In the long run, rural areas are prone to a vicious circle, and the reform of education expenditure is imminent.

(3) The mode of education expenditure is unreasonable, and the efficiency of education expenditure needs to be improved.

The way of education expenditure is unreasonable. An important aspect is that the form of financial support for education is still relatively simple, and there is no relatively perfect and systematic expenditure method, which leads to its structure is still in the development stage. At present, China's financial support for education is mainly in the form of direct budgetary allocation, while other financial policy tools, such as tax reduction and exemption, Tiexi and so on, are not used enough, and the multiplier effect of fiscal "four to two" is not obvious. At the same time, the relationship between higher education and market has not been straightened out, and there are still some problems in the combination chain of Industry-University-Research, which makes the transformation rate of scientific research achievements of higher education in China low and the contribution rate of school-run industries to education funds low.