A private-equity group announced today that it was buying Northcentral University, an all-online institution founded in 1996 and now enrolling about 7,500 students, mostly in graduate-level degree programs.
To cement Malaysia’s status as a global eduhub, plans are afoot to improve the nation’s higher education scene and the private sector is set to change in a big way.
Because of the huge faculty shortage in India, the Indian government has now prohibited private higher-educational institutions here from using Indian faculty members when setting up campuses abroad, The Times of India reported today. Those institutions will also be forbidden to move profits from their domestic campuses to their foreign ones, or to cross-subsidize them.
Private sector participation is seen necessary to reach the goal of doubling higher education's capacity. But the report lashes its whip at those private universities which make profitability their singular focus. It recommends massive modification in the legal framework to tighten regulations on auditing the accounts of such universities, on transparency, on paying a minimum salary to the teachers and so on.
Waldorf College, a financially struggling private institution in Iowa, has agreed to sell its assets to Columbia Southern University, an online institution based in Alabama.
The article profiles the private college Interdisciplinary Center, which is located in Israel and attracts donors and scholars from around the world. The center is the country's first private college, and offers competition to Israel's seven publicly financed major universities. The school has developed a stellar reputation among students and scholars because of its commitment to interdisciplinary work and community involvement.
Faced with a freshman class that is 20 percent larger than expected, Ithaca College in New York is paying 31 students as much as $10,000 each to delay attending the school for a year.
His presence on Monday at the annual meeting for the National Association of Independent Colleges and Universities here indicated that broad fears about the economy—even about aspects only tangentially related to higher education—are a top concern of college administrators.
David M. Walker, the outspoken former U.S. comptroller general, is probably one of the few people who can make a talk about national debt sound like a hellfire-and-brimstone sermon.