The Difference and Improvement of the Private Education Fiscal Policies of China and the United States

Yu Liu

doi:10.54097/sej9c589

Authors

Yu Liu

DOI:

https://doi.org/10.54097/sej9c589

Keywords:

Private education, fiscal policy, government funding.

Abstract

As the economy grows, education comes into public sight due to the increasing need for diverse kinds and high quality of education and attracted attention, however, inequality and faultiness are still present. By comparing private education in China and the United States in terms of national policies and local government measures, the shortcomings of private education in China, such as immature local educational funding tools and few educational resource voucher purchases are presented in this research, while some suggestions putting forward to illustrate the question. The paper proposes some solutions to ameliorate the defects, such as the offers to improve China's private education by promoting regional cooperation, standardizing the amount and form of financial subsidies, raising teachers' income, increasing the flexibility of education savings accounts, popularizing education vouchers to enhance the universality, and improve compulsory norms and policy standards, etc. These methods emphasize that while learning from the experience of the United States, the national conditions of China are also required to be taken into account to form and adjust local decisions.

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