by Abby Chau
Here are this week’s news stories:
- Imperial College is the latest UK universities to have a foreign branch now that it is teaming up with the Nanyang Technological University in Singapore. The goal is that by 2013, 50 students will be admitted with the intention of incrementally building the overall student body to 750. According to the FT, more foreign students get a UK university qualification studying in foreign branches than they do studying in Britain. British Ministers are also looking toward India as a lucrative region to set up more campuses. Estimates show that India needs 1,500 universities to accommodate demand; right now they only have 350.
Full Story: FT
- The current economic instability is largely to blame for the current higher education budget cuts. It looks like Business Schools are weathering the storm, particularly when it comes to constructing new shiny buildings to attract students. Yale has plans to construct a 180 million building designed by the legendary Lord Norman Foster. Wealthy b-school alums are donating big bucks for elite universities like Chicago, Wharton, and MIT to lavish their business department with velvet seats.
Full Story: Business Week
- Australia’s anxiety over attracting international students has grown even further as the current political instability between the Conservatives and Labor remain at a standstill. Foreign student application to Aussie universities has dropped 12% in the last year. Money from international students, who are charged much more for tuition than domestic students, account for half of some universities’ annual budget.
Full Story: University World News
- Hong Kong, in an attempt to challenge Shanghai as the gateway to China, is offering up land in order to bid for foreign universities to set up remote campuses. Savannah College are restoring a historical building in the North Kowloon area and paying 13 cents for a 10 year lease. The government is also offering 25 acres of land for 129 dollars which they hope will go to a private university. In addition, visa requirements and enrolment restrictions are also being eased.
Full Story: Chronicle of Higher Education
- The British immigration minister Damian Green is concerned about the number of foreign students who are allowed to enter the country. 196,000 foreign students entered the country in 2009, and a large percentage of those students were still in the country 5 years on. The immigration minister went on to say that they need to make sure the best talents are entering into country.
Full Story: BBC News