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.
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.
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.
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.
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.
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.
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.