Abstract: China's higher education is just in the period of development and reforms in all aspects,in which investment reform is the focus of our attention.At present there is a primary framework that there exits the diversified investment with fiancial investment as the main form.However,there are a few typical problems that include high proportion of government investment,nonactive investment,single financing pattern and absence of investment scale economy.In order to solve above-mentioned questions,we ought to consider how to strengthen financial investment,introduce folk capital,make the proportion of cost paid by students and apply capital market.