Why India needs a new higher education regulator

The Union ministry of human resource development (MHRD) on Wednesday released a draft Act to replace the University Grants Commission (UGC) with a new regulator for the critical higher education sector. The regulator — Higher Education Commission of India — will focus on the quality of institutions. The the job of financial grant distribution, earlier with the commission, will now come under the ministry’s purview. This decision of transferring financial powers to the MHRD has upset some. On Thursday, the Delhi University Teachers’ Association said it will result in an…

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Education briefs for Monday, Feb. 26

VCU professor to serve as Tate Exchange Associate RICHMOND — A Virginia Commonwealth University professor is the first U.S.-based Tate Exchange Associate at Tate Modern in London. John Freyer, a professor in VCU’s School of the Arts, will serve as an associate in London from June 26 to July 1. The exchange aims to show how art makes a difference in society. The VCU arts school is the Tate Exchange’s first U.S. partner. UR professor to get Gilder Lehrman Lincoln Prize RICHMOND — A University of Richmond professor will be awarded the…

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Experts Debate Financial Future of American Higher Education

Students sit outside at Sweet Briar College, which came very close to closing in 2015. Sweet Briar College is a small, private women’s college in the American state of Virginia. In 2015, the school’s governing board grew concerned about its financial future and considered closing the school. But after a change in leadership and the hard work of its employees and former students, Sweet Briar stayed open. Now, almost three years later, Sweet Briar College is “doing remarkably well,” says Teresa Tomlinson. She is the head of the school’s board of directors. She says…

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Teaching union opposes new education body

The EIS union fears the GTCS replacement may not be independent of government The teaching union EIS has claimed a proposed new supervisory body for the profession may not be independent of government. The Scottish government is considering incorporating the General Teaching Council for Scotland (GTCS) into a new body with additional responsibilities. The independent GTCS itself has expressed fears this will be costly, legally complex and achieve little. The Scottish government said it will consider all responses on the issue. A consultation on legislation to reform school governance closed…

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Budget 2018: Finance Minister decides to invest in higher education and quality of education

While announcing his budget 2018 Finance Minister Arun Jaitley announced various benefits for students and education sector in India. The finance minister proposed to launch ‘‘Revitalising Infrastructure and Systems in Education (RISE) by 2022’’ with a total investment of Rs 1,00,000 crore in next four years. This will aim at step up investments in research and related infrastructure in premier educational institutions, including health institutions. This is in line with imparting quality education to the students in the country. The Union Budget 2018 further mentioned that the Higher Education Financing Agency (HEFA) would be…

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Budget 2018: Emphasis should be given to education, skill development

This year’s budget is the most awaited announcement since the introduction of the Goods and Services Tax (GST) and the incumbent government’s last budget of this term. It is, indeed, a great opportunity for the government to introduce some revolutionary changes specifically for the education sector. The education sector has witnessed 16 per cent growth in recent years and it is expected to continue with the upward trend. It is seen that as per the Economic Survey presented in Parliament, major reforms undertaken over the past year will allow real…

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7 Types of Student Loans Offered By the Department of Education

Paying for school can feel like a huge burden, especially as the cost of college continues to increase. Even public universities — typically a much cheaper option than private schools — saw a 7.2 percent price hike during the 2015-2016 school year. With a higher education costing more than ever, finding affordable financing options is essential. One of the best places to start is the federal government. Department of Education student loans tend to have lower interest rates and more generous repayment terms than private loans, making them a smart way…

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4 Expectations for Online Education in 2018

As more students seek flexible alternatives to traditional, on-campus courses, online education continues to evolve. Among other trends, 2017 saw the proliferation of smaller credentials beyond online degrees, rising online course enrollment at nonprofit universities and the use of big data to track student performance. And there’s plenty more in store for 2018, experts say. Here are four trends in online higher education that prospective students should watch this year. 1. Continued overall enrollment growth: The number of U.S. students who enrolled in at least one online course rose by 5.6 percent between fall 2015…

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Education loan camp

Various bank functioning in the district will conduct a special education loan camp at the Government Girls Higher Secondary School on December 28. A meeting of the bankers to discuss about the successful holding of the camp was held at the collectorate here recently. M. Asia Mariam, District Collector, presided over. The banks will receive loan applications from students who have completed Plus Two during the last academic year and are pursuing various courses in colleges, at the camp. After spot scrutiny, loans will be disbursed to all the deserving…

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Rising NPA in education loan propelling banks’ stress

Rising NPA in education loan propelling banks’ stress New Delhi : Amid the ongoing crisis caused by increasing Non-Performing Assets (NPAs) in the banking sector, default payment in education loans is adding on to this, the data released by the Indian Banks’ Association (IBA) revealed. In the educational loans segment, the default in repayment has risen to 7.67 percent of the outstanding amount at March-end, 2017 from 5.7 percent two years ago. Further, the total outstanding education loan at end of the fiscal 2016-17 was Rs 67,678.5 crore, of which Rs…

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