“SOME of my friends think I’m a snob,” admits Christopher Karp, a 20 year-old aviation-management student. Mr Karp attends the business school at the International University of Applied Sciences (IUBH) in Bad Honnef, a spa town in Germany. Rather than enroll in a free public university like his friends, Mr Karp borrowed money from his parents to study for a degree at IUBH. He has no regrets. Classes are small. Lecturers know the industry he wants to enter; many work for Lufthansa, an airline. He doesn’t even mind the shorter holidays. “We pay a lot of money for our studies and we want to make sure we receive a good education,” he says.
Globally, one in three higher-education students is in the private sector, according to Daniel Levy, an academic at the State University of New York. In Europe the figure is only one in seven. But the share is set to rise. According to Parthenon-EY, a consultancy, between 2011 and 2013 the number of students enrolled in private higher education grew at a faster rate than those in the public sector. In Turkey the private sector increased by 22% over that period, compared with 14% in the public sector; in Germany...Continue reading
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