By assigning public universities the responsibility of supervising private universities, Panama’s constitution assumes that public universities are intrinsically better than private universities and that public universities have the capacity to undertake this supervisory function appropriately.
Hundreds of private colleges and universities have opened in China in the past decade in response to soaring demand for higher education in the world’s most populous nation.
Representative Tom Sannicandro joined his House colleagues Wednesday in passing a bill that protects students who enroll in for-profit occupational schools by expanding oversight of the industry, which has seen exponential growth in enrollment and profits in the last several years.
Sen. Dick Durbin [D-Ill.] recently proposed a bill that would dramatically change the way federal money can be allocated to for-profit colleges. Currently, for-profits are bound by what’s known as the “90-10 rule,” which says that 10 percent of for-profit college and universities’ revenues must come from sources outside of federal student aid. But G.I. Bill benefits can be counted towards the 10 percent, making them a lucrative source of revenue for the for-profits.
A little-known California law has dealt a blow to nearly half of the for-profit college campuses in the state, barring them from offering students a coveted Cal Grant this year.
Hundreds of private colleges and universities have opened in China in the past decade in response to soaring demand for higher education in the world’s most populous nation.
With education sector requiring an investment of over $150 billion in the next 10 years, the government has proposed new private partnership models for expansion of higher education sector in the country. The government has proposed setting up of large education hubs in different parts of the country anchored by large public/private sector enterprises funded through their allocations for corporate social responsibility.