1. As a new credit business, education credit has developed rapidly and become an important source of funds for education investment. On the one hand, education credit plays an important role in solving the problem of insufficient investment in education. From the investment direction of education loan, firstly, colleges and universities are the focus of loan investment; Second, support the construction of key middle schools in non-compulsory education stage; Third, support other types of schools, such as adult institutions of higher learning, vocational and technical secondary schools, basic education special education, and fee-paying bilingual teaching schools. On the other hand, education credit has further broadened the credit market of commercial banks. In recent years, although the financial investment in education has increased rapidly, it still cannot meet the needs of educational development. Colleges and universities expand enrollment scale, and the demand for credits increases. Judging from the distribution of education loans in financial institutions, education loans have become an important field of credit marketing of commercial banks. State-owned commercial banks regard supporting the development of education as an important part of credit policy, and joint-stock commercial banks have also seized the education credit market.
2. The difficulty in repayment of education credit is unacceptable for commercial banks that pursue maximum benefits. Market economy is not only an economy ruled by law, but also a credit economy. Without credit, there will be no order and the market economy will not develop healthily. The national student loan takes the form of unsecured, which cancels the joint liability of witnesses, simplifies the responsibility of colleges and universities, and thus increases the risk of granting student loans. At the same time, some students who have obtained student loans do not cherish education, fail to fulfill their promises to the loan banks, and neglect their studies, resulting in their inability to repay huge loans after graduation. The short repayment period of education loan is the main problem of education loan. In today's severe employment situation, graduation is equal to unemployment, which is a difficult problem faced by many college students. Moreover, the salary level of newly graduated college students is generally low. In addition to solving the problem of food and shelter, the salary after graduation can no longer repay the loan. Credit banks set the repayment period within two or three years after graduation, which is difficult to be accepted by the vast number of fund demanders, generally reducing the repayment credit of college students, making banks reluctant to engage in this business and inhibiting the vigorous development of education credit.
3. Information asymmetry between the education credit department and the school The information asymmetry between the bank credit department and the university makes it impossible for the bank to confirm the difficulty of students applying for student loans and the authenticity of the information provided. The work scope of the bank is limited, so it is impossible to track, investigate and supervise every student at all times, which also leads to students who accept student loans not paying attention to their studies and using student loans for entertainment activities. Banks don't expect, for example, playing billiards online, which is also a great threat to their timely repayment in the future.