A Parliamentary panel has criticised the University Grants Commission (UGC) for its delay in examining whether private universities are functioning in accordance with the UGC Act.
The for-profit education industry is becoming a contrarian hotbed after the Department of Education's initial round of rule-making for the industry was not as strict as many investors had anticipated. However, the companies' reliance on Title IV funding is sure to sink them in the long run.
The number of students committing to private colleges is declining due to tuition spikes. In order to keep their classrooms full, private schools are offering more financial assistance to students.
Private medical colleges in the state have threatened not to undertake fresh admissions unless fee is hiked for the block period 2013-2016 is carried out in a manner that is commensurate with the expenditure they are bearing on each student. Interestingly, the demand comes ahead of the engineering and medical admission exam (Eamcet) is slated to be held on May 10.