Reporters learned from Shaanxi Province, Shaanxi Province in 2011 to resolve a total of 5.16 billion yuan college debt, the province’s higher education development in some of the outstanding issues have been a better solution.

It is understood that education spending last year in Shaanxi up 51.27 billion yuan, provincial universities student funding increased from 4620 yuan to 9000 yuan to 184,000 college students to student loans paid $ 1.1 billion.

Last year, Shaanxi also arranged 480 million yuan of funds to support the subordinate class research universities and the development of universities in Shaanxi Province; also decided to arrange 300 million yuan funds to support the development of private higher education.

the end of 2009, Shaanxi provincial public universities, the debt balance of 10.268 billion yuan. Shaanxi provincial universities of debt work in two phases: from 2010 to 2012, the provincial government allocated special funds to co-ordinate and complement the central prize self-financing colleges and universities, colleges and universities to resolve about 70% of total debt, college debt risk will be reduced to a reasonable range; from 2013 to 2015, the college co-ordinate the provincial finance award up of debt capital, business income, capital replacement of the old campus, etc., on their own to resolve the remaining types of debt principal and interest. (Yang Miao)