Professors argue that EMU deal to boost online classes dilutes value of degree

Professors argue that EMU deal to boost online classes dilutes value of degree

Colleges and universities are seeking ways to reach more students, and bring in more money. One way to do that is to hire an outside company to market and support online programs. That company recruits students for online degrees branded with the name of that university. Among universities in our state, Michigan Tech and Michigan State University have arrangements like this for some classes. Professors at Eastern Michigan University, however, are pushing back against such an arrangement between EMU and a for-profit company called Academic Partnerships. Judith Kullberg, a professor of…

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Govt dilutes higher education financing agency’s equity requirements

Govt dilutes higher education financing agency’s equity requirements

The government has diluted equity requirements for the higher education financing agency (HEFA) after potential partners expressed their inability to infuse Rs1,000 crore into the vehicle meant to fund educational institutions at market rates. Instead of the Rs2,000 crore equity portion that the cabinet approved earlier this month, with Rs1,000 crore coming from the government, HEFA will now have Rs1,050- 1,100 crore of equity that will be used to raise funds from the markets for lending to educational institutions. Potential equity partners in HEFA balked at infusing Rs1,000 crore into…

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