Apollo Group Inc (NASDAQ:APOL), the for-profit education company that is the parent of University of Phoenix, looks like a great deal on the surface. At 7.9 times TTM earnings and over $1.2 billion in net cash, it almost looks like a “too good to be true” situation. It is. The company’s business model is no longer viable and I believe that Apollo’s recent downsizing efforts are just the beginning.
The Milwaukee Common Council on Tuesday unamimously approved standards for for-profit colleges and for developers who seek to use for-profit colleges to anchor property developments.
Mitch Daniels is agnostic on the various delivery modes of higher education or the tax status of colleges offering them, as long as students are getting a quality education at an appropriate price.
Two Democratic senators used a Congressional hearing on Wednesday to condemn for-profit colleges as preying on active members of the armed forces to receive federal tuition aid by increasing enrollments but ignoring academic quality.
A Wells Fargo stock analyst, who boosts for-profit colleges while frequently overlooking their abuses, lays the blame for one particularly predatory college's high failure rate at the feet of low-income students, or, as he calls them, "subprime" students.
Shares of for-profit education companies traded mostly lower on Tuesday as Corinthian Colleges Inc. disclosed that it is under investigation by the Securities and Exchange Commission.
He said government-aided private colleges and unaided private colleges would have to pay Rs. 3,000 per candidate to the university for additional seats sanctioned. This was not applicable to government colleges. The fee is being collected to check uncontrolled admissions, he said.
The world’s top 50 universities in engineering and technology in 2013 do not include any Indian university/college. The Higher Education World Reputation Ranking 2013 of top 100 institutions, has representation from all the BRIC countries, except India. We can conveniently blame it on bias, or simply ignore the global ranking. While the Government-run institutions have their share of challenges, the private institutes/universities, perceived to be a ray of hope, appear to be less interested in improving quality.
MC Nanaiah said while one college charged Rs10,000 for a course, another charged thrice that amount for the same course, affiliated to the same university.
For private high schools, colleges and universities, survival is the name of the game when the roll-out of the K to 12 (kindergarten to Grade 12) reform is completed.
Adjuncts at Pacific Lutheran University in Washington have the right to vote on whether to unionize, a regional National Labor Relations Board officer has ruled.
This contrast between elite private colleges and public schools should have reignited the debate over state aid. But that was effectively shut down 40 years ago when a federal Labor government began propping up poor Catholic schools until, over time, every private school was receiving grants.
Minister for medical education Kondru Murali and the managements of private medical colleges are engaged in a fight for control over the MBBS management quota seats ahead of the new admissions session. Of the 5,500 MBBS seats in 40 colleges in the state, 1,480 seats are in the management quota.
Stop Loyola College from admitting students for aided and unaided, undergraduate and post-graduate courses, as there is an apprehension that merit and reservation norms may not be followed during admissions, said a PIL filed in the Madras high court.
Here's some good news for engineering aspirants who are now eagerly waiting for the e-counselling to begin from June 20. The All India Council of Technical Education (AICTE) has given a go-ahead to increase 1,400 seats in engineering courses across 80 private colleges, six government colleges and six universities after inspecting their infrastructure.
Troubled students of the controversial Nagpur College of Homeopathy can finally see light at the end of the tunnel. An order of the state government issued earlier this month has assured the students of admissions to other private colleges affiliated with the Maharashtra University of Health Sciences (MUHS). The management of the college has to pay Rs 50,000 per student for the transfers.