Importance Decreasing budgetary financing of higher education and reducing number of Russian higher schools and their branches enhance the importance of education on a fee-paying basis. The study of education lending as a new form of financing the paid education is rather relevant. Objectives The aim of the paper is to summarize and assess the current Russian experience in educational loans, to describe the specifics of educational lending by various Russian and foreign credit institutions in Russia and abroad. Methods We apply logical and comparative analyses to identify factors, advantages, disadvantages and problems that currently determine real possibilities of educational loans in Russia. Results The analysis of educational loans in Russia and abroad enabled to identify causes of their insufficient demand at the present moment, and major areas of perfecting this form of financing the education. Conclusions and Relevance Educational loans as a form of tuition payment are not widely spread in Russia. The main reason is the contradiction between the high cost of educational loans (even with government subsidies) and the low paying capacity of those who need them. Reduced budgetary funding of student educational services encourage an increase in demand for educational loans. However, the overall economic situation in Russia and globally, as well as political and economic sanctions against Russia reduce the effective demand of the population, and adversely affect the ability of citizens to use educational loans.
Chernova G.V., Khalin V.G. Obrazovatel'noe kreditovanie: rossiiskii i zarubezhnyi opyt [Educational loans: Russian and foreign experience]. Vestnik Sankt-Peterburgskogo universiteta. Ser. 5: Ekonomika = Vestnik of Saint-Petersburg University. Series 5. Economics, 2011, iss. 4, pp. 161–173.
Balykhin G.A., Krasil'nikova A.V., Chebotarevskii Yu.V. Subsidii v sfere obrazovaniya – perspektivnyi element v gosudarstvennoi politike [Grants in the field of education as a perspective element of the public policy]. Vysshee obrazovanie segodnya = Higher Education Today, 2002, no. 6, pp. 2–5.
Agranovich M.L., Ozerova N.B., Belyakov S.A., Klyachko T.L. Sistema finansirovaniya obrazovaniya. Analiz effektivnosti (seriya “Upravlenie. Finansy. Obrazovanie”) [The system of education financing. An efficiency analysis (series Management. Finance. Education)]. Moscow, Tekhnopechat' Publ., 2003, 141 p.
Zakharov Yu.A., Kurbatova M.V., Dolganov V.S. et al. Novye finansovye instrumenty v vysshem obrazovanii [New financial instruments in higher education]. Universitetskoe upravlenie: praktika i analiz = University Management: Practice and Analysis, 2004, no. 1, pp. 77–89.
Abankina I.V., Domnenko B.I., Levshina T.L., Osovetskaya N.Ya. Perspektivy obrazovatel'nogo kreditovaniya v Rossii [Prospects for educational loans in Russia]. Voprosy obrazovaniya = Educational Studies, 2004, no. 4, pp. 64–88.
Popova T.L. Obrazovatel'nye kredity v Rossii: opyt, problemy, perspektivy [Student loans in Russia: experience, problems, prospects]. Available at: Link. (In Russ.)
Kreditovanie obrazovaniya [Educational lending]. Universitetskoe upravlenie: praktika i analiz = University Management: Practice and Analysis, 2006, no. 3, pp. 7–35.
Prakhov I.A., Andrushchak G.V. Obrazovatel'noe kreditovanie: usloviya predostavleniya i spros na kredit [Educational lending: terms of and demand for loans]. Voprosy obrazovaniya = Educational Studies, 2009, no. 3, pp. 76–94.
Markarov D.E., Zlobin E.V. Vysshee obrazovanie i biznes – napravleniya vzaimodeistviya [Higher education and business: areas of cooperation]. Vysshee obrazovanie v Rossii = Higher Education in Russia, 2011, no. 11, pp. 137–142.
Didenko D.V., Klyucharev G.A. Obrazovatel'noe kreditovanie v Rossii: problemy, puti resheniya [Educational lending in Russia: problems and solutions]. Finansy i biznes = Finance and Business, 2010, no. 1, pp. 142–160.
Mozhenko O.V. Obrazovatel'noe kreditovanie v Rossii: problemy i perspektivy [Educational loans in Russia: problems and prospects]. Teoriya i praktika obshchestvennogo razvitiya = Theory and Practice of Social Development, 2014, no. 15, pp. 112–115.
Fonova O.V. Obrazovatel'noe kreditovanie i perspektivy ego razvitiya v regione [Educational lending and perspectives for its development in the region]. Regionologiya = Regionology, 2009, no. 1, pp. 152–159.
Kurbatova M.V., Evseenko T.P. Formirovanie i perspektivy razvitiya regional'noi sistemy obrazovatel'nogo subsidirovaniya (na primere Kemerovskoi oblasti) [Formation and development prospects for the regional system of educational subsidies (the Kemerovo oblast case)]. Ekonomika obrazovaniya = Economics of Education, 2005, no. 3, pp. 26–41.
Starobinskaya N.M., Chebykina L.V., Ikonnikova L.V., Zinov'eva N.A., Topnikova N.A. Osobennosti monitoringa rynka obrazovatel'nogo kreditovaniya [Specifics of monitoring the educational loans market]. Problemy sovremennoi ekonomiki = Problems of Modern Economics, 2009, no. 4, pp. 399–401.
Rutkevich A. Vysshee obrazovanie: “dostupnoe” i/ili “platnoe”? [Higher education: ‘affordable’ and/or ‘paid’?]. Vysshee obrazovanie v Rossii = Higher Education in Russia, 2004, no. 7, pp. 19–37.
Ermak I.S. Upravlenie riskami obrazovatel'nogo kreditovaniya kak sredstvo optimizatsii ego stoimosti dlya potrebitelei [Managing risks inherent in educational loans as a means to optimize their value for consumers]. Upravlenie finansovymi riskami = Financial Risk Management, 2010, no. 3, pp. 234–245.
Matrosov M.B. Obrazovatel'nyi kredit v Rossii: problemy i perspektivy [Educational loans in Russia: problems and prospects]. Problemy prognozirovaniya = Problems of Forecasting, 2007, no. 3, pp. 137–146.
Gul'ko A.A., Afanas'eva K.Yu. Obrazovatel'noe kreditovanie s gosudarstvennoi podderzhkoi v Rossiiskoi Federatsii: sovremennoe sostoyanie i problemy razvitiya [Educational loans with State support in the Russian Federation: current state of affairs and development problems]. Ekonomika i predprinimatel'stvo = Economy and Entrepreneurship, 2014, no. 1, pp. 80–84.
Borisova O.A., Pravdina M.A., Naumova O.V. Obrazovatel'nyi kredit: tekushchaya situatsiya i vozmozhnosti razvitiya [Educational loans: current situation and opportunities of development]. Voprosy obrazovaniya = Educational Studies, 2006, no. 2, pp. 133–147.
Pashkus N.A., Pashkus V.Yu. Tsennostnye izmeneniya professional'nykh prioritetov v Rossii pod vozdeistviem vnedreniya instrumenta obrazovatel'nogo kreditovaniya [Changes in the value of professional priorities in Russia influenced by the introduction of the educational lending tool]. Problemy sovremennoi ekonomiki = Problems of Modern Economics, 2010, no. 3, pp. 395–398.
Dubgorn A.S., Il’in I.V. Process and Project Orientation of the Organization as a Management Strategy. Nauchno-tekhnicheskie vedomosti Sankt-Peterburgskogo gosudarstvennogo politekhnicheskogo universiteta. Ekonomicheskie nauki = Saint Petersburg State Polytechnic University Journal. Economics, 2014, no. 5, pp. 115–122. Available at: Link.
Abankina I.V., Osovetskaya N.Ya. Analiz zarubezhnogo i otechestvennogo opyta obrazovatel'nogo kreditovaniya [An analysis of foreign and domestic experience of educational lending]. Ekonomika obrazovaniya = Economics of Education, 2007, no. 3, pp. 106–110.
Gur'yanov A.P. Mezhdunarodnye sistemy obrazovatel'nogo kreditovaniya [International systems of educational lending]. Vestnik Orenburgskogo gosudarstvennogo universiteta = Vestnik of Orenburg State University, 2010, no. 3, pp. 30–33.
Komleva A.S., Gadzhikurbanov D.M. Obrazovatel'noe kreditovanie: rossiiskaya i mirovaya praktika [Educational loans: Russian and international practice]. Ekonomika obrazovaniya = Economics of Education, 2011, no. 6, pp. 34–43.
Sandler D.G., Agarkov G.A. Obrazovatel'noe kreditovanie: problemy i perspektivy [Educational loans: problems and prospects]. Universitetskoe upravlenie: praktika i analiz = University Management: Practice and Analysis, 2012, no. 6, pp. 14–19.
