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1-10 of 26 results

  • Newspaper

    Elite universities invest endowments via tax havens

    USA, UK

    Press

    Brendan O’Malley - University World News

    Elite universities in the United States and the United Kingdom have been investing endowment funds offshore in order to pay little or no tax, according to details revealed in the so-called Paradise Papers. According to the student run Fossil Free Pitt Coalition “We are concerned about the lack of transparency, as two-thirds of the endowment is just a mystery to us. We are suspicious about where that huge segment of the endowment is going.” An emeritus professor in accounting at the University of Essex, told the newspaper that UK universities should be more transparent about their investment decisions, since they are public institutions that receive public money, including from the European Union.

  • Newspaper

    Universities told to issue regular financial reports

    Kenya

    Press

    Gilbert Nganga - University World News

    Kenya’s universities have been ordered to publish regular financial performance reports as part of sweeping regulations which take effect this year, aimed at lifting the veil of secrecy that has shrouded institutions’ financial status and effectively put millions of dollars at risk. Currently, the publication of financial performance for public universities takes as many as four years, a situation that has seen most institutions drift into financial problems. In addition, none of the private universities in the country has ever made public their financials despite their handling millions of dollars in student funds annually.

  • Newspaper

    Close confucius institutes on US campuses, NAS says

    USA, China

    Press

    Yojana Sharma - University World News

    Universities in the United States should close down their Confucius Institutes – teaching and research centres funded directly by the Chinese government – says a report by the National Association of Scholars or NAS. The wide-ranging report includes additional insights on the institutes’ often-secretive operations gleaned from the contracts signed with a dozen US universities, obtained through freedom of information law requests. The report, Outsourced to China: Confucius Institutes and soft power in American higher education, says unless contracts between US universities and the Hanban can be renegotiated to include more transparency, financial and hiring autonomy for US host universities, academic freedom guarantees and other safeguards, the institutes should be shut down.

  • Newspaper

    Net widens in university jobs for ex-officials scandal

    Japan

    Press

    Suvendrini Kakuchi - University World News

    A scandal over former high-level government officials being given jobs at universities after lobbying on their behalf by the education ministry has cause a public furore in Japan over recent weeks. The administrative vice-minister of education has already been forced to resign and seven other officials from the Ministry of Education, Culture, Sports, Science and Technology face disciplinary action. A government investigation has been launched to investigate dozens of officials in the ministry, which is expected to report back at the end of this month.

  • Newspaper

    Fresh shocking details of rot in universities

    Kenya

    Press

    Augustine Oduor - The Standard

    According to a confidential report, Kenya’s universities are facing serious management challenges resulting in admission flaws, inadequate staffing, and low standards of examination administration, supervision and research. The report also shows that some institutions cut corners to increase admissions in order to seal budgetary gaps, allow students to graduate within months, or admit students to unaccredited programmes from which they are then allowed to graduate. After returning their reports with factual corrections done, the institutions in question will have 30 days to issue corrective roadmap.

  • Newspaper

    ‘Descent from Heaven’ scandal rocks Japan’s Ministry of Education

    Japan

    Press

    Jeff Kingston - Asia Times

    Japan’s Ministry of Education is in the hot seat over revelations that it lobbied universities to hire its retiring officials, a practice known as amakudari (descent from heaven) which is officially banned in Japan. In late 2016, damning evidence emerged that the ministry attempted to conceal its involvement in the case of a retiring ministry official landing a job at Waseda University by distributing answers to anticipated questions so that everyone involved could coordinate a story of denial.

  • Newspaper

    Universities across the country to go cashless with UGC funds

    India

    Press

    Deepika Burli - The Times of India

    Universities across the country may now have to resort to cashless means like bank transfers, cheques and credit/debit cards while making use of periodic funds from University Grants Commission (UGC). The commission said the move was in order to bring in accountability, transparency and seamlessness in the process of transfer of grants. The commission said it has virtually made payments cashless and decreased the interface between stakeholders and employees of the organisation.

  • Newspaper

    Unethical practices hinder growth of Nigerian universities

    Nigeria

    Press

    Emeka Mamah - Vanguard

    Experts from many African and European countries have blamed lack of transparency and unethical practices as some of the reasons preventing Nigerian universities from making the list of best global institutions. Transparency in admissions, teachings and university administration were some of the criteria used for judging the best universities worldwide. They further said that Nigerian universities must train students on character and integrity for them to compete globally.

  • Newspaper

    ATAR charade: Universities will be forced to increase transparency on admissions

    Australia

    Press

    Matthew Knott - Sydney Morning Herald

    Universities will be forced to come clean to prospective students about the real ATAR cut-offs for their courses, following recommendations from the nation's top higher education panel. The review was commissioned after revelations that up to 60 per cent of students at some universities were being admitted below the advertised minimum ATAR requirements.

  • Newspaper

    German university says it will rewrite controversial funding deal

    Germany

    Press

    Hinnerk Feldwisch-Drentrup - Science

    In a surprise move, the president of the Johannes Gutenberg University of Mainz in Germany this week announced plans to overhaul controversial contracts governing the use of a €150 million donation from a philanthropic foundation. Critics have charged that the agreement gives the donor too much control over publishing decisions and faculty appointments at the school’s Institute of Molecular Biology, which the foundation helped create in 2009. The move, which could eventually influence similar funding arrangements at other German universities, only partly satisfies critics. They are pushing for greater transparency from universities and donors.

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