by Abby Chau
Here are this week’s news stories:
- The QS World University Rankings® published its top 200 global universities rankings, with Cambridge University taking the top spot, dethroning Harvard as the number one university in the world.
Full Story: BBC News
- The Organisation for Economic Co-Operation and Development (OECD) published its annual Education at a Glance last week. The report addressed the question of whether Higher Education is indeed necessary by pointing out that graduates are more recession-proof and they contribute more in income taxes than people who do not have tertiary degrees. It also argues that the future job market will be changing to one of a more highly skilled labour force. In addition the report proclaimed a dire sentence for the UK, with countries like Canada and Finland who are showing better graduation rates as well as spending more on Higher Education per GDP.
- US universities are eyeing up branches in India – but not the elite universities first purported when the new law allowing foreign branches to open shop in India was first proposed to much fanfare. The so-called Tier 2 universities such as Carnegie Mellon in Pittsburgh, Virginia Institute of Technology, and Georgia Institute of Technology have all expressed interest in setting up a branch in India. The law has not been official approved but the draft says that foreign campuses must leave 10.5 million dollars in deposit with the government, and teaching staff must have at least 20 years experience before they can be considered.
Full Story: New York Times