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.
The lower revenue expected by a "significant minority" of such colleges could hurt their future financial strength, says a Moody's Investors Service report.
While generous compensation packages for college presidents have come under increasing public scrutiny, other university employees often earn far more.
The article reports on a study from Moody's Investors Services showing that institutions of higher education in the United States, especially private colleges and universities, face stiff challenges in 2009 and beyond. The areas of greatest challenge were identified as increasing pressure on tuition and financial aid, losses in endowments, liquidity pressures, and volatility in variable-rate debt markets.
All sectors of higher education -- and especially private colleges -- will face economic hardships in the next year and a half, says a new report from Moody's Investors Service.
A new annual-outlook report from Moody’s Investors Service says that higher-education institutions are facing a range of challenges in the next year and a half. Although all colleges will face...
Twenty years ago, the private university disbanded its teams. Now it's rebuilding them, with the expectation that sports will attract students in general.
Starting this month, veterans of the post 9/11 era will be able to go to college on the “new G.I. Bill.” But a dispute over language nearly scuttled the back-to-school plans of California vets. KPCC’s Washington Correspondent Kitty Felde reports.
The Federal Executive Council on Wednesday in Abuja approved the issuance of provisional licences for the establishment of seven new private universities in the country. Nigeria currently has 96 universities, comprising 27 federal, 35 state and 34 private universities.
Chairman, Governing Council of the Lagos City Polytechnic, Ikeja, Mr. Babatunde Odufuwa has called on government at all levels to put necessary administrative structures in place to grant aids to students in private tertiary institutions in the country.
The financial crisis that began last year has shaken higher-education systems throughout the nine states in the Northeast, totting budget cuts on public universities and shrinking the endowments of the region's many private colleges.
Kris Neiser lost $3,000 of his hard-earned tuition money to a private career college that shut down abruptly last fall after it operated illegally in plain sight of the provincial government for nearly two years, according to the Ontario ombudsman.
The 323 Malaysian students from Universitas Andalas in Padang can continue their studies at some local private institutions of higher learning (IPT) which are willing to absorb them.
Boston Belmont University believes in the personal touch. Before freshmen start classes this fall, the Christian institution in Nashville will have had multiple personal contacts with the students...
The U.S. Department of Veterans Affairs has published a preliminary state-by-state list of maximum in-state tuition and fees, a tally that serves as an early indicator of how much the new GI Bill may cost the federal government. The numbers contain some surprises and bode well for both veterans and the private colleges they may wish to attend.
Private colleges in Pennsylvania already face difficult finances and unpredictable enrollments as the recession cuts into both their own endowments and what families can afford.
Private higher education providers want fair competition for students. A new national regulatory body will be formed and universities will have to undergo the same accreditation process as private providers. The measures were welcomed by Andrew Smith, CEO of the Australian Council for Private Education & Training.
The government will allow the private sector to set up medical colleges in backward states, hilly areas and the northeast region, Health Minister Ghulam Nabi Azad said on Monday. "We will allow the private sector to set up medical colleges in backward states, hilly areas and the northeastern region," Azad said here at a healthcare meet organised by the Federation of Indian Chambers of Commerce and Industry (FICCI), an industry lobby.
Another week, another transaction involving a for-profit online college. The latest: A private-equity group is buying Northcentral University, an all-online institution founded in 1996 and now...
Private colleges bolstered financial aid and decreased selectivity to help sustain enrollment in a downward economy, but a significant number still expect tuition and fee revenues to decline this year, according to a survey released today by Moody’s Investors Service.
Shirley Ann Jackson, president of the Rensselaer Polytechnic Institute, was the highest paid private college president in 2007-2008, according to a report published today by The Chronicle of Higher Education.
Even as the Commission on Higher Education is not mandated by law to set tuition fee ceilings, Speaker Prospero Nograles said private schools have the social and moral responsibility not to treat profits as their reason for existence.
U.S. Sen. Charles E. Grassley voiced dismay today over the findings of a report by The Chronicle about compensation for private-college employees other than presidents. The Iowa Republican has been urging private colleges, as nonprofit entities, to rein in pay for their top executives, and he cited the report’s findings that the highest-compensated employees in academe made more than $4-million in 2006-7.
The collapse of a number of private Australian vocational colleges over the past year is damaging the nation's image abroad, according to angry students, many of them Indian, who have been left high and dry with their visas at risk.
The human resource development (HRD) ministry may allow private players to set up universities instead of going through the "deemed to be university" route. The ministry will also push for firm regulations which would demand transparency and accountability of the players in the education sector.
Under fire over alleged corruption in granting deemed university status to private educational institutes, the ministry of human resource development (HRD), which oversees education, on Friday ordered that the fee committees of state governments fix and regulate fees charged by such institutions.
“With this new piece of law, public and private universities will now operate under common regulations, which is good for ensuring quality and standards,” said Prof Freida Brown, vice-chancellor of the United States International University – Africa.
Private providers of higher education have welcomed a North Gauteng High Court ruling that the Department of Higher Education could not stop a local company from assisting foreign universities in providing education in SA.
Law on Education is expected to take effect in Azerbaijan soon. Regardless of ownership, the higher schools will receive status of state, municipality and private institutions.
Exploding demand for higher education during the last decade, especially in developing countries, has been accompanied by extraordinary growth in private provision and rising tensions over the entry of foreign institutions into local markets.
Waldorf College, a financially struggling private institution in Iowa, is discussing a potential sale of its assets to a for-profit, online education company, The Des Moines Register reported.