In China's current educational fiscal decision making, problems are as follows: no law to trust or not abiding by available laws, absence of equity and efficiency, as well as the standardization of decision-making procedures. It is necessary to set up effective fiscal decision-making mechanism in education and rationally devise reliable paths.

The first panel of a three-year longitudinal study was conducted to investigate the process by which youth form career expectations. The study was designed around a cross-sectional path model of career expectations drawn from the sociological literature on status attainment and is based on differential equations in which all expectation variables…