Author(s)

Na Wang ¹, Shuo Chen ¹

Affiliation(s)

¹ Zhejiang Business Technology Institute, Ningbo, Zhejiang 315012, China

Corresponding Author

Shuo Chen

ABSTRACT

Student financial aid not only serves as a potent guarantee of equity in vocational education, but it also significantly affects the employment quality of college students. Based on the principle of educational fairness, this paper employs a structural equation model to experimentally evaluate the process by which student financial aid affects employment quality. Then, this paper confirms this mechanism through experiments and data analysis. The results indicate that a fair student financial aid system significantly improves students’ prospects for future employment. Meanwhile, funding equality and financing equity play parallel mediation roles in the impact of the process of student financial aid on employment quality. This article also combines justice and efficiency in order to support the continual improvement of the vocational education financial aid system and to assist impoverished students in their future career development.

KEYWORDS

Vocational Education, Student Financial Aid, Employment Quality, Equity and Efficiency, Structural Equation Model

CITE THIS PAPER

Na Wang, Shuo Chen, The Impact of Vocational Education Financial Aid Policy on Employment Quality of Students Based on Structural Equation Model. Social Security and Administration Management (2023) Vol. 4: 61-66. DOI: http://dx.doi.org/10.23977/socsam.2023.040109.

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