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US Univs Coming to India

March 27th, 2007 · No Comments

The New York Times writes:

Among Indians ages 18 to 24, only 7 percent enter a university, according to the National Knowledge Commission, which advises the prime ministers office on higher education. To roughly double that percentage effectively bringing it up to par with the rest of Asia the commission recommends the creation of 1,500 colleges and universities over the next several years. Indias public universities are often woefully underfinanced and strike-prone.

Indians are already voting with their feet: the commission estimates that 160,000 Indians are studying abroad, spending an estimated $4 billion a year. Indians and Chinese make up the largest number of foreign students in the United States.

Tags: Emerging Markets