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).
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
A rapidly growing number of students in Mexico are attending private universities, but there are increasing concerns about the quality of many of the new institutions.
The school is one of 24 privately owned universities that have received a failing grade from the Ecuadorean government, meaning that if they do not make major improvements they will be closed. Two government-run schools also received failing grades and may be shut down.
But the for-profit college industry, currently under investigation by a bipartisan group of 23 state attorneys general for fraudulent practices and shoddy programs, is accustomed to earning billions without any accountability. So they fight every reform tooth and nail, and they often get their way, because they back up their expensive lobbyists with piles of campaign cash.
Rasmussen College is a relatively small fish that prefers small ponds. That may be why the for-profit chain is sitting pretty compared to many of its higher-profile peers.
For-profit colleges like ITT, DeVry, Kaplan, and the Art Institutes — sometimes called subprime schools because they leave many students deep in debt while taking billions of dollars from taxpayers — continue an expensive lobbying push to influence Congress and avoid accountability. Republic Report has received a 2011 draft strategy memo by the biggest for-profit college trade association, APSCU, outlining a plan to keep taxpayer money flowing to poorly-performing schools and to derail investigations of fraudulent activity.
Many for-profit colleges also still enroll students without diplomas, and the new regulation has caused concern, said Steve Gunderson, president of the Association of Private Sector Colleges and Universities.
Colombia is experimenting with more public-private partnerships in higher education in an effort to increase student enrolments through private sector expansion. But allowing for-profit universities is still highly controversial and opposed by students and university rectors alike, according to the country’s former education minister Cecilia María Vélez.
As we head towards this year’s ICEF Moscow Workshop, we examine the role of private universities in Russia, students’ attitudes, and what the future holds for the private sector.
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.
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.
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.
Several private universities have opposed some of the higher education bills, making it even more difficult for the government to gain support in parliament.
As the once celebrated Makerere University in Kampala suffers from bad management and a overcrowded student body, the Ugandan government is promoting the establishment of more private universities. But at what cost?
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.
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.
It's also because the newly expanded Post 9/11 G.I. Bill will pay colleges of all types around $9 billion this year to educate nearly 600,000 veterans, and virtually every school wants to expand its slice of that pie.
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.
It is a story being replayed across many Indian cities. Poorly regulated, unaccredited and often entirely fake colleges have sprung up as demand for higher education accelerates, driven by rising aspirations and a bulging youth population.
Kenyans be proud to learn that their country is the regional hub of private universities. The fact that in the past 30 years the number of private universities in Kenya has grown from only two in 1980 to 27 currently, speaks volumes about the entrepreneurship spirit of Kenyans.
As many as 138 private institutes across the country, including 65 management and 15 engineering colleges, have sought permission to close from the All India Council for Technical Education (AICTE). This is more than three times the number of institutes that had come up with the request last year.
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.
Seguridad, incendio y socorrismo; Administración de farmacias, Ciencias del seguro, Terapia ocupacional, entre otras, forman parte del listado de carreras que ofrecen varias universidades privadas.
El Gobierno valenciano ha acordado hoy dar la conformidad al anteproyecto de ley de reconocimiento de la Universidad Europea de Valencia como universidad privada, que impartirá un total de siete titulaciones oficiales, y se espera que esté en funcionamiento a partir del próximo curso.
Cada vez más estudiantes de instituciones de educación superior privadas ubicadas en estados del norte del país solicitan su permuta a planteles de la capital o de entidades del centro, a causa de la violencia provocada por el crimen organizado.
Dirigentes de la Federación de Colegios de Abogados definen acciones para evitar una “mercantilización” de la carrera. Informarán a la Coneau y al Ministerio de Educación de la Nación sobre la situación que se registra en Corrientes, al igual que en el resto del país.
El ingreso de las federaciones de estudiantes de las universidades privadas a la Confederación de Estudiantes de Chile (Confech) podría transformarse en uno de los hitos de este año para esta organización universitaria.
La Conselleria de Educación todavía no ha recibido la documentación necesaria para aprobar o rechazar en parte los grados de la universidad privada. Fuentes de la Administración señalaron ayer que conocen el proyecto, pero oficialmente carecen de toda información.