The first batch of 60 undergraduates at the New College of the Humanities in Bloomsbury, London’s main university quarter, occupy a spacious Georgian house. Opening doors on the way up a grand staircase, your reporter eavesdropped on tutorials on ancient Greece, Romantic poets and economic theory. It feels like a dinky version of an august academic institution. Yet it is a for-profit organisation with a chief executive huddled over spreadsheets downstairs.
Regent's College is to take over the American InterContinental University London in what is thought to be the first UK acquisition of a for-profit by a not-for-profit higher education provider.
Regent's College in London will become only the second private university in Britain after receiving official approval to change its name to Regent's University London.
Private universities and colleges will be allowed to recruit unlimited numbers of students able to claim subsidised loans of up to £6,000 for another year, the Government has said.
Regent's College is to become the UK's largest private university, after the business department BIS confirmed that it met the criteria for university title.
London School of Marketing has recently released a whitepaper which reviews the private college sector as an alternative option to studying in publically funded universities. This whitepaper takes an in-depth look at the benefits, disadvantages and risks associated with private colleges in the UK.
The leading lights of the for-profit higher education sector might be unfairly stereotyped as hard-nosed types. Meanwhile, people from Yorkshire have been unfairly stereotyped as keeping a particularly tight rein on their finances.
Regent's College in London will become the second private university in Britain after receiving official approval to change its name to Regent's University London, writes Richard Adams for the Guardian.
For example, the not-for-profit Regent’s College has become Regent’s University and the College of Law has become the University of Law, the UK’s first for-profit university.
With most of the country still complaining about university fees being raised to £9,000 a year, it’s easy to forget that a small group of teenagers chose to pay double that by enrolling at A C Grayling’s elite start up, the New College of the Humanities (NCH), last October.
The government is set to decide whether to make BPP a university, creating the UK’s second for-profit institution with the title, just as its US parent company faces “adverse impact” from a sanction against one of its other institutions.
A new Government analysis reveals that 160,000 students were enrolled at some 674 privately-funded institutions last year, far higher than previous estimates.
David Willetts should be lauded for his support for the expansion of private higher education in Britain, which is providing students with greater choice and flexibility in how and where they study. At the same time, rigorous new standards mean that, regardless of where they study, the common denominator will always be, as he says, “top quality higher education”.
The rules required all private colleges to have “highly trusted sponsor” status with the UK Border Agency and to be reviewed by the Quality Assurance Agency. Legitimate private higher education providers embraced the regulations.
The Department for Business Innovation and Skills has written to the institution to confirm that it continues to meet the criteria for university title, following its £200 million sale to Montagu Private Equity.