The majority of institutions on the global version of the list are private universities in the U.S., including Ivy League colleges such as Columbia, Yale, Cornell, Princeton and Brown.
In nation after nation, the public monopoly on higher education is over As the world's hunger for higher education has outstripped the ability of many governments to pay for it, a type of
In an unusual partnership, Thunderbird School of Global Management today announced it is forming a partnership with a for-profit educational provider, Laureate Education, to offer educational programs around the world.
Exploding demand for higher education during the last decade, especially in developing countries, has been accompanied by extraordinary growth in private provision and rising tensions over the entry of foreign institutions into local markets.
Although private non-profit colleges and universities have a long and distinguished history throughout the world, what has come to be known as ‘for-profit higher education’ is a relative newcomer.
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.
According to the most recent report of Accredibase, the UK-based background screening company Verifile Limited, there was a staggering 48% increase in the number of known degree or diploma mills operating worldwide last year. It identified more than 2,500 bogus institutions across all regions, but primarily in North America and Europe.
There are strong indications that demand for higher education is outstripping supply. In January, Gloria Sekwena died and at least 20 other people were seriously injured when about 5,000 people stampeded in a desperate attempt to register at the last minute with the University of Johannesburg. The university received more than 85,000 applications for fewer than 12,000 places last year.
Laureate Education is big. Like 800,000 students attending 78 institutions in 30 countries big. Yet the privately held for-profit university system has largely remained out of the public eye.
La red de universidades privadas Laureate International Universities presentó ayer al Govern el proyecto de crear la Universidad Europea de Mallorca en los terrenos de la urbanización Maioris de Llucmajor. Una iniciativa con una inversión de 25 millones de euros y que impartirá estudios de carácter internacional. Laureate International Universities cuenta con más de 60 centros universitarios en el mundo y en Mallorca está asociada con la empresa inmobiliaria Maioris. El Govern acogió con los brazos abiertos la iniciativa. No es un proyectos nuevo, ya que a finales de los año 90 ya se presentó en sociedad con los mismos accionistas. El campus universitario se ubicará en la urbanización de Maioris, situada en la costa de Llucmajor, muy cerca de Palma.
The group of Laureate Education Inc. managers and outside investors who are seeking to buy out the company and take it private have upped their $3.8-billion offer by $1.50 per share.
One more sign that colleges and companies see the financial possibilities of the international-student market: A British company that helps to bring students from China and other countries to campuses in the United States and other English-speaking nations has announced an investment of more than $100-million from a private-equity firm.
The International Finance Corporation on Wednesday announced a $150 million equity investment in Laureate Education, Inc., a Baltimore-based, privately held, for-profit education company that operates 65 career-oriented colleges in 29 countries.
Greek riot police officers fired tear gas into a crowd of several thousand protesters in Athens this month, injuring about 15 people. While the protesters were primarily university students who oppose government proposals to restructure higher education in Greece, news reports suggested that the targets of the crackdown were "anarchists" who had infiltrated the demonstration to use it as a cover for vandalism.
With college enrollments mushrooming in many nations but public support generally unable to keep up, the world is seeing a historic swing from public to private financing of higher education...