Gov. George E. Pataki of New York wants the state's private colleges to be able to compete, for the first time, for public funds to help pay for capital projects
Finances continued to wilt at public and private colleges during the past year as income streams slowed and budget managers turned up the heat. Yet for-profit institutions -- both publicly traded and privately held -- posted record gains. Revenues of the top 10 publicly traded higher-education companies grew in excess of 30 percent.
A private-equity group acquired a small liberal-arts university in Arizona this month with the hope of expanding it into a world-renowned Christian institution.
Macedonia has recognized a nine-year-old private university that teaches in the Albanian language, in a step intended to remove a major source of conflict between the country's two main ethnic...