It's the for-profit University of Phoenix, which has recently been spending nearly $400,000 a day on ads, according to search analytics firm SpyFu, more than any financial firm or retailer, the traditional big spenders on online advertising.
After a two-year investigation of the for-profit higher education industry, Sen. Tom Harkin (D-Iowa) on Monday unveiled an exhaustive report on the colleges' business practices, highlighting schools that charge excessively high tuition and shortchange academic investments in order to maximize revenues.
National University College-Online, a Puerto Rico-based private, for-profit college, is expanding into Hispanic communities across the United States through its online division.
National University College-Online, a Puerto Rico-based private college, is expanding into Hispanic communities across the U.S. through its online division. Both Arizona and Florida are on the for-profit college’s list for that growth, according to a story in our sister paper, New Mexico Business Weekly.
One of the world's largest owners of for-profit colleges has bought East San Jose's National Hispanic University, throwing the idealistic but struggling campus into the growing and controversial world of corporate education.
In an apparent first, the for-profit higher-education industry has begun collecting data on the salaries of its college administrators. Last month, at the Career College Association's annual meeting here, it released some of the initial findings -- with some strong caveats.
A private Indian university plans to open a campus for 15,000 foreign students in London, it was announced today as Boris Johnson continued his whirlwind tour of the country to promote links with the United Kingdom.
Private-college presidents often draw scrutiny for their hefty compensation packages, but most of them have a ready comeback: I could make a lot more money in the corporate world.
Manipal Global Education Services, the Rs 1,200 crore higher education major, is looking to spin off its overseas arm into a separate entity. The overseas arms with operations in Malaysia, Nepal, Antigua and Dubai contribute as much as 55 per cent to the revenues and this will be the precursor to raising $100 million through the private equity route in the overseas arm.
Eight Democratic senators are urging the U.S. Department of Education to investigate the tactics they say some for-profit colleges use to artificially lower the rate at which their former students default on federal student loans.
Compensation for private college presidents has continued to drift upward, while the number crossing the $1 million barrier – a signal of prestige, and a magnet for criticism – held steady at 36, according to a new survey.
Donald Farish, president of Roger Williams University in Bristol, R.I., always wanted higher education to become a major issue in a national election. He didn't mean unaffordable tuition rates. "Be careful with what you wish for," he said.
For the second straight year, the chief executives of 36 private U.S. colleges or universities earned more than $1 million in 2010, according to an annual study by the Chronicle of Higher Education.
Last year, leading lights in for-profit and nonprofit higher education convened in Washington for a conference on private-sector innovation in the industry. The national conversation about dysfunction and disruption in higher education was just heating up, and panelists from start-ups, banking, government, and education waxed enthusiastic about the ways that a traditional college education could be torn down and rebuilt—and about how lots of money could be made along the way.
China's National People's Congress approved a new law in December 2002 that promotes Chinese private education development, including at the higher education level. It gives private institutions privileges and favorable policies enjoyed by their public counterparts, including tax and other financial benefits.
Universities and colleges are busy enrolling new students but for many non-public higher education institutions, this time of year has become a scramble for money.
Ministry of Education (MOE) in Taiwan announced not to force private universities and colleges to change names after opposition lawmakers threatened to freeze a huge portion of the ministry's budget. The ministry had sent a letter to all universities and colleges with the words "China," "Chinese" or "Chunghwa" (Chinese) in their names and asked them to change their names to underscore Taiwan's identity and avoid confusion with mainland China following Taiwan's executive cabinet plan of changing the names of all of the nation's overseas missions and state-owned enterprises before the Dec. 11 legislative elections, which raised sharp criticisms from legislators of the opposition party.
Three Shanghai private colleges will be allowed to admit students without national college entrance exam score requirements this year, marking a major change in the city's decades-old higher education admission system.
Walk into any classroom at one of China's elite business schools and what you're likely to see isn't all that different from what you would find at Harvard, Wharton, or MIT's Sloan School. True, there's a preponderance of Asian faces and the occasional smattering of Mandarin. But the classes, course materials, subject matter, and even the teachers are virtually identical to their U.S. counterparts.
Shengda College in central China has a diverse curriculum, foreign faculty members to teach English and a manicured campus, where weeping willows shade a recreational lake.
Many Japanese private institutions, including half the junior colleges (which cater heavily to women), have lost money in the last two years. Causes include decreasing overall enrollments stemming from a falling birth rate, economic recession, and an increase in the number of new institutions. Some of the troubled private institutions have had to shut down. Others pursue policy to avoid this fate. Cost cutting falls heavily on staff. Measures to make institutions more attractive often center on attracting nontraditional students--businesspeople, homemakers, and retirees.
Japanese courts in major cities have issued rulings on prepaid tuition fees at private higher education institutions: to be returned or not. Referring to several elite and other private institutions, the Tokyo District Court sentenced them to return the prepaid tuition to students who did not enroll, though they had been admitted.
A Japanese university has filed for bankruptcy protection, citing a decline in its enrollment. The case, the first of its kind, could mark the start of a trend in Japan, where the birthrate -- and, along with it, the pool of college-age students -- has steadily shrunk for more than a decade.
The owner of a private Japanese university was arrested this month and charged with making off with millions of dollars in government subsidies while his institution ran up such huge debts that it was reportedly close to shutting down.
The operators of Kwansei Gakuin University and Seiwa College, both in Nishinomiya, Hyogo Prefecture, plan to merge in spring 2008, The Yomiuri Shimbun learned Wednesday.
A foundation hopes to open a university in North Korea in 2009. The Pyongyang University of Science and Technology University would be foreign funded, with one major contribution and other donations. The project has been delayed due to severe international tensions.
The growth of Singapore's private education may face interruption as complaints have increased over the past few years. For instance, a private higher education institution has been sued for misleading advertisement of a program and breaking promises to students, and even a widely-recognized private institute has been castigated. A fear is that improper behavior undermines Singapore's aspirations to be an international education hub.
South Korea's ministry of education has ordered three private institutions to turn over $15.3-million and dismiss 68 professors and officials due to bribery, and mishandling of funds. The ministry has withheld approval for one board of trustees and replaced another's.
The Ministry of Education and Human Resources Development will launch a special task force to investigate admission irregularities at private universities in the wake of a bribery scandal involving Yonsei University.
Private schools still dominate university offers in Victoria despite the Gillard government's massive increase in places, with 85 per cent of applicants securing an offer compared with 71 per cent for government schools.
The American Association of University Professors has issued an open letter expressing "growing concern" about academic and personal freedoms at a controversial new liberal-arts campus in Singapore founded jointly by Yale University and the National University of Singapore. It is yet another demonstration of the unease among many academics with American universities' global ambitions.
Glion Institute of Higher Education, one of the world’s top three institutions of higher education for an international career in hospitality management, announced today that it is opening its first branch campus in London. The new campus expands the reach of Glion’s Swiss hospitality education programmes to students and industry leaders in the U.K. Glion is a member of Laureate International Universities, a global network of more than 60 accredited campus-based and online institutions of higher education serving more than 740,000 students in 29 countries.
The debate about academic freedom at the new Yale-National University of Singapore (NUS) liberal arts college has continued unabated, with Singaporean opposition politicians and American university professors adding their voices to the barrage of criticism of the venture.
Rice University’s first dual-degree doctoral program with the Universidade Estadual de Campinas (UNICAMP), located in Brazil, was approved by the Faculty Senate on Nov. 14.
In late August, Duke University received approval from the Chinese government to start a branch campus in Kunshan, China. The controversial venture has caused a number of critics to question Duke’s rationale, as well as the rationale of other prominent American universities that have tried similar operations, with limited success.
The Afghan government is actively planning for the country's first private university. The American University of Afghanistan is to be American-style, with English-language instruction and mainly American professors. It is to open as an undergraduate institution, with graduate programs in the future. The Afghan Ministry of Higher Education has contracted an American organization for expertise on foreign institution building and is obtaining U.S. government funds. There will be a 10-month feasibility study from this summer, with the university slated to open shortly thereafter.
The U.S. Agency for International Development has partnered with the Afghan Government and other private donors to establish the private American University of Afghanistan set to open in 2006. Targeting 1,100 undergraduates from Afghanistan and neighboring countries, the university will offer programs in management, liberal arts, and communications, all taught in English. Additionally, President Karzai has emphasized that educational development is crucial to national development.
The present academic year in India has experienced chaos following fee hikes, public demonstrations and staying of admissions in private medical colleges. Following the Supreme Court judgment in October 2002, some private medical colleges in Mumbai had raised annual fees from about $2,500 to $7,500. In its judgement, the court had allowed financially independent private sector to run professional colleges, a right granted earlier only to minorities based upon religion or language.
Sylvan Learning Systems is extending its reach in international higher education to India. The company announced last month that it had put a down payment on a 250-acre site near Hyderabad, in south-central India, where it hopes to develop a university that would eventually enroll about 10,000 students in career-oriented programs.
MIT received a pledge for $350 million yesterday to create a new institute on brain research, the largest single gift to a university ever. The institute will focus on the way humans learn and communicate.
India's Supreme Court has ordered each state to review private institutions' tuition to forbid "profiteering." The Court's ruling mainly results from the for-profit orientation of many Indian private institutions-and their questionable quality. The fast private growth of Indian higher education due to the increasing demand for access has resulted in the sale of seats in many private institutions.
In a judgment that could limit access to professional education, India's Supreme Court ruled last month that colleges that do not receive government aid are not required to use state admission quotas for students from minority groups and lower castes.
A hectic lobbying is on at the state and national level by the managements of the 27 private medical colleges in the state to stall the proposal for online counselling for management quota seats this year. College managements say that Rs 700-800 crore is riding on these seats even as state health officials are busy putting together possible solutions to deal with the medical admission chaos this year.
In a setback to the Centre's proposed legislation for regulating admissions to and fee structures in private professional educational institutions, which also provides for reservation, a seven-judge Bench of the Supreme Court on Friday ruled out quotas in them.
THE HIGHER Education Department will initiate strict action against the private colleges that do not adhere to the rules. Also the recognition of such colleges could be cancelled, the Principal Secretary of the department Dr Bhagirath Prasad has warned.
Students and teachers in private colleges and universities would soon be eligible for government scholarships and research grants. The University Grants Commission has finalized a proposal to provide financial help to self-financing colleges. “The commission had discussed the proposal but no final decision has been made. The issue would be taken up in the next commission meeting,” UGC secretary RK Chauhan told Hindustan Times.
The Government of Madhya Pradesh issued the following press release: The State Government has put a ban on use of the words 'Indian' and 'National' by the private colleges with their name running in the state
FOLLOWING UP its warning to private technical colleges regarding charging of higher fees, the Directorate of Technical Education on Wednesday cracked down on at least three private colleges in the City, checking their records, mainly vis-à-vis collection of fees.
NEARLY 1005 students, who have cleared B.Ed entrance examination conducted by the Chhatrapati Shahu Ji Maharaj University (CSJMU), have become the victim of the ongoing tussle among the management of the various private colleges running the B.Ed courses. They could not get admission till date.
As many as 138 private institutes across the country, including 65 management and 15 engineering colleges, have sought permission to close from the All India Council for Technical Education (AICTE). This is more than three times the number of institutes that had come up with the request last year.
The Bombay High Court, on Tuesday, asked the state government what it proposed to do to ensure seats in private medical colleges were not blocked in the name of students already admitted in government medical colleges. These seats ended up being filled through management quotas of the private colleges.
Students in self-financing universities and colleges may soon be eligible for a large number of University Grants Commission (UGC) fellowships and scholarships that at present are open only to students from institutions receiving government grants. The UGC has proposed allowing students from private universities benefits like the Junior Research Fellowship (JRF) and the Post Graduate Merit Scholarship, top government officials revealed.
Students may have to give two common entrance tests (CET) next year if private engineering colleges have their way. Members of the Maharashtra Association of Engineering Colleges (MAEC) have proposed conducting a separate entrance test apart from the MH-CET conducted by the state government. Association members met state higher education minister Rajesh Tope earlier this week to discuss the proposal.
Police officials in Rajasthan illegally sell unidentified corpses to private medical colleges for Rs. 5-7 lakh each, an RTI application by a businessman in Jaipur has revealed. Raj Kumar Soni’s son Rahul was allegedly murdered last year in Sriganganagar district, 500 km from Jaipur.
Nearly a fifth of Australian private colleges are "permanent residency factories", a new report in the education sector has revealed. The education sector, which is the country's third largest export industry, has been affected by a string of assaults on international students, particularly Indians. The claims of exploitation of overseas students have also not helped matters.
The government will allow the private sector to set up medical colleges in backward states, hilly areas and the northeast region, Health Minister Ghulam Nabi Azad said on Monday. "We will allow the private sector to set up medical colleges in backward states, hilly areas and the northeastern region," Azad said here at a healthcare meet organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), an industry lobby.
The government has drawn up a draft law giving itself the power to decide three-fourths of all admissions in private educational institutions, determine their fee structures, and impose government reservation policies on them. It will decide which professional college a student will study in, based on a list of multiple preferences. There will be no ‘domicile criterion’ in admissions.
Marking a major step in the educational sector, the Kerala assembly on Friday unanimously passed a legislation seeking to regulate admissions, fee structures and minority status of self-financing professional colleges. The Bill, piloted by Education Minister MA Baby, was passed by the House in an extended sitting that ended in the wee hours on Friday, with the Congress-led opposition UDF backing it after attacking the LDF government at various stages of the progress of the legislation.
Against the backdrop of a forceful appeal made by NCP chief Sharad Pawar, Maharashtra Government on Wednesday decided to restore reservations for SCs, STs and OBCs in vocational courses of private educational institutions in the state. NCP, a constituent of the DF government in the state along with Congress, expressed satisfaction with the decision after it was taken at a meeting of the state cabinet in Mumbai.
The Union HRD Ministry convened a meeting of all state ministers for higher education to discuss the enactment of a Central legislation to control self-financing institutes like private engineering colleges.
The human resource development (HRD) ministry may allow private players to set up universities instead of going through the "deemed to be university" route. The ministry will also push for firm regulations which would demand transparency and accountability of the players in the education sector.
A new university bill will turn higher education into a business enterprise, according to protesting students. In turn government claims that the bill is radically different from that originally composed three years ago and leaves no room for such fears. The bill deals with funding for only the public sector, whereas management provisions deal with both sectors.
A delegation of private sector universities in the NWFP has asked the governor to help extend the deadline set by the Higher Education Commission (HEC), Islamabad, to meet the minimum criteria for granting charter, say officials.
Member of Punjab Assembly and standing committee S&GAD; Mrs. Rabia Aliya Khan has stressed the need of more effective contribution of the private sector in the promotion of education in the country.
The Pakistani authority has announced policies on several key issues on private higher education. The government agreed to expedite the establishment of 9 engineering universities with partnering countries such as Austria, Germany, Japan, etc. While these countries will handle administration and personnel of the universities, the Pakistani government will fully take care of the finance. Another issue concerns illegal and substandard universities run by the private sector. The government directs the provincial authorities to close down any private universities illegally operating and downgrade any institutions that fail to improve their standard.
Nine foreign universities that had agreed to set up engineering schools in Pakistan — with their own faculties and administrators — have now decided not to do so because they are leery of the worsening security situation and political uncertainty in the country, a daily newspaper in Pakistan reported, citing an unnamed spokesman of President Pervez Musharraf.
The Triad’s long-established private universities continue to invest heavily in new facilities, at the same time the Triad now hosts two new private schools, South University and Virginia College.
In a previous op-ed (India fails test of 'knowledge economy', Asia Times Online, November 30, 2012), I drew attention to what can be called a "research deficit" in India's higher education. In it, I mentioned a study by Thomson Reuters according to which India produced only 3.5% of the global research output in 2010 and its contribution in most disciplines - including mathematics and computer science - was lower than its overall average.
In a sudden development, the Maharashtra government has dropped the plan to introduce a special act to regulate private universities, which are expected to come up in large numbers. This sudden U-turn by the government came even though the cabinet had cleared the bill by the state higher and technical education department on December 13.
Will the 13 proposed private universities do what the professional colleges did for Karnataka? Both the government and the academics vouch for the need to have private sector participation in higher education and welcome the state legislature's nod to have 13 new private universities in the state. Presently, the state has two private varsities, the Alliance University and Azim Premji University.
Chile’s Justice Minister Teodoro Ribera resigned on Monday amid allegations he has ties to a former director of the country’s accreditation committee, or CNA, which improperly authorized some universities to operate.
Karnataka, whose capital Bangalore is a major attraction for students across India for education, particularly engineering and medical courses, is to get 13 more private universities, taking their total to 15.
Punjab assembly passed two controversial bills on Friday, paving the way for two private universities to come up in the state even as the treasury benches ridiculed private varsities terming them as teaching shops set up to mint money.
Government is to come up with new policies that will support private universities in research and development, a senior education official has announced.
Private medical college business has become the easiest way to make money. These institutions running without required faculty or training facilities are recovering millions of rupees from parents in the name of medical education but producing half-backed doctors, not educated or trained as per the needs of market, said senior healthcare expert and ex-member of Pakistan Medical and Dental Council Dr Shershah Syed here Thursday.
The Supreme Court, while deciding to examine the validity of the National Eligibility and Entrance Test (NEET), has permitted private medical colleges to conduct their own entrance tests for admission to MBBS/postgraduate/dental courses but they should not declare the results until its further orders.
The bill on compulsory accreditation of all higher education institutions may not have passed political muster, but that isn't going to put brakes on the government's grand plans.
Wealthy donors to Ivy League universities can "buy a place" for their offspring, and admissions policies at elite U.S. universities are far less meritocratic than anything that would be accepted in Britain, the universities and science minister has argued.
Private universities and colleges are against a proposal by the Higher Education Ministry to collect bonds from them, with a view to providing students with a safety net.
The average sticker price of tuition and fees at private nonprofit colleges has jumped 13% since the 2007-08 academic year, even after accounting for inflation, and by 27% at public four-year schools, according to the College Board.
Now, Yale is seeking to export those values by establishing the first foreign campus to bear its name, a liberal arts college in Singapore that is set to open this summer. The ambitious, multimillion-dollar project thrills many in the Yale community who say it will help the university maintain its prestige and build global influence.
People who attend private profit-making schools account for 47 percent of all those with a loan in default. Public schools account for 42 percent; private nonprofit, 12 percent. Loans are considered in default when payments are 360 days delinquent.
Ten years after private engineering colleges made their way in the state in 2002, the cash-strapped state is all set to throw open its doors to self-financing degree colleges and universities as in other parts of the country. The proposal will be placed in the Cabinet for the final nod.
A report released this month by the U.S. Treasury Department shows a correlation between state budget cuts to community colleges over the past decade and a growth in enrollment at for-profit colleges.
Pitching for the private sector to play a bigger role in higher education, President Pranab Mukherjee on Friday said the private sector needed to step up its efforts to convince the people that it offered the best quality of education compared to the highest international standards.
The private vs. government debate is not a new one in education, but is less applicable to the university landscape. But it has gained momentum in Karnataka now in the backdrop of as many as 13 new private universities getting the green signal from the government to establish themselves in the State. So far, there were only two in Karnataka.
Between the 2011-2012 and 2012-2013 school years, published tuition and fees at private, nonprofit colleges rose by 3.9%. While students may initially think this is bad news, the National Association of Independent Colleges and Universities (NAICU) reports that it was the lowest rate of increase in at least four decades.
Savvy families shopping for college know that tuition typically rises faster than inflation. So Lauren Seely and her parents in Northwest Washington were startled to learn this year that an upper-tier private college on her short list had frozen its price.
Indian President Pranab Mukherjee on Friday gave a speech calling for better standards and an enhanced private-sector role in higher education, Outlook India reported.
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