Laureate Education Inc, a for-profit higher education provider that boasts former U.S. President Bill Clinton as honorary chancellor, is planning to launch an initial public offering, according to people familiar with the matter.
While a handful of elite private institutions -- mostly liberal arts colleges -- with no shortage of demand and strong financial positions recently made headlines by announcing tuition freezes or increases close to or at inflation for the 2012-13 academic year, some of the most selective private universities are increasing their sticker price by almost 5 percent, which for many is the largest increase since the 2008 recession began.
A new study has revealed that UAE Nationals aged between 18 and 30 are split down the middle when choosing to pursue higher education in either a private or a federal university.
Private universities are opposed to a proposal to scrap the 8-4-4- system as recommended by the task force on the re-alignment of the education sector.
The head of Britain's first for-profit university college was paid £738,000 ($1,177,000) in one year, while the co-chief executive officer of the firm’s U.S. owner has a long-term pay deal valued at £15.8 million ($25.2 million).
Since the 1970s, private universities have proliferated in this country, challenging the ascendancy of the University of Costa Rica, the public college that increasingly finds itself unable to accept nearly all its applicants.
High fees plus the prohibition of any part-time working by international students at private colleges have ensured the dramatic contraction of the industry, says Geoffrey Alderman
Higher education reform in India, including proposed bills to allow in foreign universities, has hit another snag after the party leading central government performed below expectations in elections in three out of five states – reducing its room for manoeuvre in pushing key bills through parliament.
The Indian higher education system, which witnessed a significant growth over the last decade with private educational institutions playing a catalytic role in that direction, lends its infrastructure to students sponsored by foreign universities. This will not only help Indian institutions to place their credibility on the world map of higher education but also earn foreign exchange for the country.
Several private universities have opposed some of the higher education bills, making it even more difficult for the government to gain support in parliament.