Private Colleges Face Financial Strife
Private colleges and institutions have expressed fears over their long-term financial viability after the government banned bachelor’s degree course intakes outside public universities until 2014-15.
The new academic year for the private education sector began this month but uncertainty around the future of college courses has seen a substantial drop in enrollment numbers, causing financial pressure.
Under the government’s policy, announced earlier this year, all students already taking a bachelor’s degree at a private college can ….