The Prevention of Debt Risks in Higher Education Institutions in Ethnic Minority Regions: A Case Study of Baise University

Abstract

This study focused on Baise University to analyze its financial situation and debt risks through the lens of Financial Sustainability Theory. The study aimed to examine both internal financial factors and external environmental influences impacting the university’s fiscal health. The research objectives of this study were: 1) To analyze the current financial situation and debt risks of Baise University based on Financial Sustainability Theory; 2) To provide recommendations for Baise University in order to improve its debt risk prevention strategy based on PEST Analysis. This study adopted the documentary research method and case analysis, collecting secondary data from 2018 to 2024, including financial reports, policy documents, and regional socio-economic statistics, to assess both internal and external risk factors comprehensively.
Findings showed that Baise University faced significant debt risks due to overdependence on government funding, limited revenue diversification, inefficient cost management, rising debt burdens, and weak financial governance. Externally, political policies, regional economic constraints, increasing social demand for education, and technological development pressures further intensified these risks.
The study recommends diversifying income sources, strengthening cost control, enhancing debt management, and improving financial governance. It also emphasizes the need to adapt financial strategies continuously in response to changing political, economic, social, and technological conditions to ensure institutional resilience. In conclusion, an integrated approach combining internal financial reforms with proactive adaptation to external environments is vital for Baise University to mitigate debt risks and achieve sustainable development. These findings offer valuable guidance for similar institutions in ethnic minority regions facing financial challenges.

Keywords: financial sustainability, debt risk, higher education, Baise University, ethnic minority regions, PEST analysis

6617195702 Chen Xinyi, 2568 (2025). Advisor: ดร.จิดาภา ชลธารรัตนพงศ์ – Dr. Jidapa Chollathanrattanapong, สารนิพนธ์ (Independent Study), The Prevention of Debt Risks in Higher Education Institutions in Ethnic Minority Regions: A Case Study of Baise University, นำเสนอในที่ประชุมวิชาการ (Conference), The 18th National and International Academic Conference 2025, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, International Business Management, Siam University, Bangkok, Thailand – มหาวิทยาลัยสยาม กรุงเทพมหานคร ประเทศไทย