However, the amount of legal threats, lawsuits, hacking attempts, domain hijacking attempts, and so forth on the part of for-profit institutions around the world (especially from the US and Canada) is something that we deal with every single day.
One more sign that colleges and companies see the financial possibilities of the international-student market: A British company that helps to bring students from China and other countries to campuses in the United States and other English-speaking nations has announced an investment of more than $100-million from a private-equity firm.
The International Finance Corporation on Wednesday announced a $150 million equity investment in Laureate Education, Inc., a Baltimore-based, privately held, for-profit education company that operates 65 career-oriented colleges in 29 countries.
Who was it who first admitted that they liked to go to bed at night with a Trollope? Well, like John Major before me, I'm not ashamed; I, too, often take a Trollope to bed with me. Like Walter Scott's, Anthony Trollope's novels read themselves, and make entertaining if sometimes caustic reading before sleep (truthfully, rereading in my case, as I invariably return to my favourites).
In an unusual partnership, Thunderbird School of Global Management today announced it is forming a partnership with a for-profit educational provider, Laureate Education, to offer educational programs around the world.
The majority of institutions on the global version of the list are private universities in the U.S., including Ivy League colleges such as Columbia, Yale, Cornell, Princeton and Brown.
The privatisation of higher education has been advocated by governments as well as regional and international organisations as a way to fill the supply-demand gap left by the public sector, transfer the finance burden to higher education consumers – for example, students and industry – and increase the efficiency and relevance of higher education and the private returns to consumers.
Laureate Education is big. Like 800,000 students attending 78 institutions in 30 countries big. Yet the privately held for-profit university system has largely remained out of the public eye.
Jobs website SEEK is selling its stake in a private colleges firm to a multinational higher education group with ties to former US president Bill Clinton.