Private universities in trouble

Private universities in trouble

Private universities are seeing their costs rise dramatically. Many of them may not survive until next year.

Higher private schools have found themselves in a difficult situation. The reason is the drastically rising cost of living and the legal restrictions by which such institutions cannot raise tuition during education. They subsist mainly on student fees. Rectors of private universities believe that it should be possible to raise tuition by the inflation rate.

In addition, the number of people interested in private study has recently dropped by 20-30 percent. University authorities are appealing to the government for support. In their view, the financial condition of both public and non-public universities is much worse than in previous years.



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