New York City's comptroller, John C. Liu, and the city's pension funds this week announced that they have filed shareholder proposals calling on DeVry University and Career Education Corp. to disclose data on student borrowing that is roughly the equivalent of what would have been required under the now-stalled federal "gainful employment" regulations.
Why is private college tuition so astronomically expensive these days? Ask an administrator, and they'll likely tell you that it's because they're taking money from the rich and giving it to the poor.
John C. Liu, comptroller of the City of New York, on Thursday called on two of the largest for-profit colleges to disclose data on their students’ loan-repayment rates and debt-to-income ratios, saying that he had submitted a shareholder proposal asking their parent companies to do so.
The Office of Admissions at New York University fielded a flurry of calls from rejected applicants who just couldn’t understand why they didn’t get into the prestigious private university. Some played the race card. Others just called and cried.
The Nitish regime has cleared the decks for establishing private varsities with the passing of the Bihar Private University Bill, 2013, by the Legislative Assembly.
The bill on private universities is to facilitate setting up of three new private universities in the state. These are Lakulish Yoga University at Ahmedabad, Team Lease Skills University-ITI at Tarsali in Vadodara and CU Shah University at Wadhwan in Surendranagar.
The private university Act was enacted in 2007 to reduce the burden on state universities, but only 11 private universities could start ever since. The outcome is rising number of students continue to put a strain on government universities.
While there has been no official communication from the government on reopening of colleges under its administration, many private engineering colleges in and around the city have asked their students to get back to classes on Monday after close to a month’s closure owing to the anti-Sri Lanka protests.
Releasing land bought for setting up private universities in Himachal Pradesh just got tougher with the state assembly today passing a law increasing the time frame from 25 to 40 years for permitting any land use change should an institution fail to function during the period.
Higher Education Minister S.B Dissanayake addressing the opening of the first phase of the Malabe private medical college teaching hospital yesterday said despite whatever criticism the government might face from the medical fraternity, it would continue its efforts to take private medical education to greater heights in Sri Lanka.