Colleges Financial News
20.03 / 08:37
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Trump's big crackdown on University of Pennsylvania over trans athlete policy: Story in 10 points
University of Pennsylvania over its inclusion of transgender athletes in women’s college sports. The University of Pennsylvania’s campus, nestled in the heart of Philadelphia, is known for its academic excellence but now it is embroiled in a political showdown with the White House. On Wednesday, the Trump administration announced the suspension of $175 million in federal funding to the university over its policies regarding transgender athletes. ALSO READ: Why Trump did not meet Sunita Williams, Butch Wilmore after they returned to Earth
20.03 / 07:29
19.03 / 15:15
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Joy at Kalpana Chawla's Karnal school as Sunita Williams safely returns
Tagore Baal Niketan rejoiced alongside millions as Indian-origin astronaut Sunita Williams returned to Earth after 286 days in space. The school is also renowned for nurturing Kalpana Chawla, the first Indian-origin woman in space. The first Indian to achieve this feat was Rakesh Sharma, who journeyed aboard the Russian spacecraft Soyuz T-11 in 1984. Born in Karnal in 1962, Kalpana Chawla tragically lost her life on February 1, 2003, when the Columbia spacecraft disintegrated over Texas and Louisiana, killing all seven astronauts on board. Chawla completed her schooling at Tagore Baal Niketan and earned a Bachelor of Science in Aeronautical Engineering from Punjab Engineering College, Chandigarh, in 1982. She moved to the United States later that year. The school, with a history spanning over six decades, has honored her legacy by dedicating an auditorium in her memory. Its principal, Dr Rajan Lamba said, «Everyone was happy and relieved at the safe return of Sunita William and fellow astronauts… Due to ongoing school Board exams, we could not hold celebrations in the school, but everyone was happy including students, teachers.» He reminisced about the Columbia Space Shuttle, recalling vivid memories and a series of letters exchanged between the school's founder and Chawla before her mission.
19.03 / 14:07
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India-EU brainstorm on preventing & countering violent extremism
Raisina Dialogue. Opened by EU Ambassador to India Hervé Delphin, the workshop was organized in cooperation with the Embassy of the Netherlands.
19.03 / 12:59
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Health expenditure now at 1.84 pc of GDP, moving steadily to 2.5 pc: JP Nadda
JP Nadda on Wednesday said the government's expenditure on healthcare has reached 1.84 per cent of GDP and is steadily moving towards the target of 2.5 per cent. In his reply to a discussion on the working of the Ministry of Health and Family Welfare, Nadda said in 2013-14, the allocation of funds for healthcare was around Rs 38,000 crore and at present, it has reached Rs 99,000 crore or assume it to be Rs 1 lakh crore. «In 2013-14, the government health expenditure, which includes state and the Centre, was 1.15 per cent, and when the policy was enunciated, it was 1.35 per cent, and now, it is 1.84 per cent of GDP, and we are going very steadily towards 2.5 per cent,» Nadda said. The National Health Policy 2017 has prescribed increasing government health Expenditure (GHE) as a share of GDP to 2.5 per cent by 2025.
19.03 / 02:39
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Delhi man regrets moving to Canada, calls it a trap. ‘High costs, useless degrees, zero work-life balance’, thinks India is a better option
One of his major concerns was the education system. He claimed that most students enroll in private or low-ranking colleges that charge exorbitant tuition fees while offering little academic value. Professors, according to him, put minimal effort into teaching, and the outdated curriculum fails to prepare students for real-world jobs. Many graduates find their diplomas hold little weight in the job market, leaving them with no choice but to take up low-paying survival jobs like Uber driving, warehouse labor, or retail work. Sharing his own experience, he expressed frustration over what he called a failing education system that prioritizes profit over student success.
18.03 / 14:09
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Blurry vision, wobbly steps, muscle loss, and more: Here's what happens to the human body after returning from deep space
Sunita Williams and Butch Wilmore are finally on their way back to Earth after spending nine months at the International Space Station (ISS). Their delayed return comes with both well-understood and still-uncertain health risks, making their journey home a significant event for space research.
18.03 / 09:01
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Pakistan-origin cricketer dies after collapsing on field during club match in Australia
Junail Zafar Khan, a club-level Pakistan-origin cricketer, has died after collapsing on the ground during a local match played in extreme heat at the Concordia College here. In his 40s, Khan was representing Old Concordians Cricket Club in a match against Prince Alfred Old Collegians last Saturday, news.com.au reported. After fielding for 40 overs and batting for seven, Khan collapsed around 4pm Australian Central Daylight Time (ACDT). South Australia has been in the grip of extreme heat over and according to data from the Bureau of Meteorology, temperatures here were still above 40 degrees Celsius at the time. Adelaide Turf Cricket Association rules state that games are cancelled if the temperature climbs above 42 degrees Celsius. «We are deeply saddened by the passing of a valued member of the Old Concordians Cricket Club, who tragically suffered a medical episode while playing on the Concordia College oval today,» Khan's club said in a statement.
18.03 / 03:59
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Carney is yet to make his mark; Manmohan Singh made his long ago
Subscribe to enjoy similar stories. Mark Carney, sworn in as the 24th Prime Minister of Canada on Friday, is a newbie in the world of politics. But then, so was the late Manmohan Singh, till former Prime Minister Narasimha Rao made him our finance minister in 1991.
18.03 / 01:39
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Harvard is going tuition-free for families making up to $200,000
Subscribe to enjoy similar stories. Going to Harvard just got more affordable for most of America. The Ivy League school is significantly expanding financial aid to make undergraduate admission tuition-free for families making up to $200,000 and completely free for families making up to $100,000.
17.03 / 17:55
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Harvard announces free tuition for students from families making $200k or less; here’s what it covers
Harvard University announced on Monday that they will offer free tuition to students from families earning $200,000 or less per year. The aid, the university said, will be handed out starting in the 2025-2026 academic year. The initiative significantly expands the university’s financial aid programme and aims to make higher education more accessible to a broader range of students. Harvard President Alan M Garber stated that the move would diversify student backgrounds, experiences, and perspectives. This, he said, will foster intellectual and personal growth. As per the reports, the expansion will enable 86 per cent of the families in the United States to qualify for Harvard’s financial aid programme. The announcement of assistance furthers its commitment to supporting students from diverse economic backgrounds.
17.03 / 02:05
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Ride out the market turmoil? Not these investors
Lars Staack decided to play it safe and invest his retirement savings in S&P 500 index funds, which are diversified and carry lower risk than owning individual stocks. It was a strategy that brought him peace of mind for more than two decades — until President Donald Trump was elected in November. As he reviewed Trump's comments in support of sweeping tariffs, Staack, 62, who retired two years ago, became increasingly uneasy about the savings he planned to use for the rest of his retirement.
16.03 / 13:15
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The Trump administration says this law allows it to take away green cards. What to know.
Subscribe to enjoy similar stories. The Trump administration is seeking to deport Mahmoud Khalil, the Columbia University student arrested last week after his participation in pro-Palestinian demonstrations, under a seldom-used provision of immigration law. Khalil, a 30-year-old lawful permanent resident, is awaiting his fate in a federal Louisiana immigration detention facility after being arrested in New York on Saturday.
16.03 / 10:03
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My life littered with failures: Saurabh Mukherjea after failing to beat market in last 3 years
Marcellus Investment Managers, its founder Saurabh Mukherjea encouraged market participants to direct as much criticism as possible. The fund's marquee consistent compounders portfolio has delivered a return CAGR of 17.4% over FY19-24, which is broadly in-line with the portfolio' EPS CAGR of 17.8% in the same period. Marcellus acknowledged that the portfolio performance (pre-fees) should have exceeded the EPS CAGR by a reasonable margin and they have fallen short in this regard.
15.03 / 13:33
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Canada eases PGWP rules, removes field-of-study requirement for college graduates
Post-Graduation Work Permit (PGWP). That requirement had been put in place in 2024 for Canadian colleges but not universities, and it was part of an effort by the Canadian government to apply heavier scrutiny to the international education sector, as per an ICEF Monitor report. “Graduates of college degree programs will no longer be required to meet the PGWP field of study requirement,” said Canadian Bureau for International Education CEO Larissa Bezo. ALSO READ:Canada curbed illegal migration to the US. Now people are heading to Canada
15.03 / 08:57
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Drug menace: Congress demands disbanding of SFI, targets Pinarayi Vijayan
Ramesh Chennithala on Saturday alleged that SFI is mainly responsible for the widespread drug distribution and consumption in colleges and hostels in Kerala and CM Vijayan is «encouraging» them. He also demanded the disbanding of the Students Federation of India (SFI), the student organisation of ruling CPI(M). The Congress's sharp reaction came in the wake of police seizing two kilograms of ganja from the men's hostel of a Government Polytechnic College in Kalamassery in Kochi on Thursday night and arresting two students. CPI(M) strongly rejected the charges saying that there is an agenda to eliminate SFI. The incident triggered a blame game among student outfit leaders, including those from the Kerala Students Union (KSU) and the SFI, over the alleged involvement of their activists in the crime. The Congress leadership has been alleging that SFI leaders were involved in the ganja seizure case and the left outfit is playing a key role in the spread of drugs across campuses.
15.03 / 01:23
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Purshottamdas Thakurdas: The cotton trader whose economic vision India ignored
Subscribe to enjoy similar stories. Some are born great, some achieve greatness, and others have greatness thrust upon them. But the truly unfortunate are those who have greatness snatched away.
14.03 / 10:57
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Potential for SMEs to contribute up to 50% of GDP through AI, tech transformation: OfBusiness
OfBusiness. Artificial intelligence and machine learning can also enhance employment from 110 million to 175 million, particularly in tier-2 and tier-3 cities, it said. «AI and technology transformation can scale-up SMEs production and then reach to 50% contribution to the GDP from the current 30%, and enhancing employment from 110 million to 175 million, particularly in tier-2 and tier-3 cities, would not be difficult. This would prove to be a major game-changer for the Indian economy,» OfBusiness said in a statement. It said most SMEs are looking forward to adopting AI & ML in their business operations to upscale production.
13.03 / 16:43
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Investigations
Harvard, Yale, Columbia fall in line after Trump funding threats
Harvard University terminated a librarian this month who ripped down a poster of Israeli hostages at a pro-Palestine rally, while Yale University’s law school placed a pro-Palestinian research scholar on leave over allegations that she has ties to a group subject to US sanctions. At Cornell University, a group called Students for Justice in Palestine faces suspension after disrupting a “Pathways for Peace” event on campus this week, and the University of California at Los Angeles —- rocked last year by anti-Zionist rallies and accusations of mistreatment of Jewish students — created a new initiative to combat antisemitism. Columbia University, the scene of some of the most dramatic protests against Israel last year, said the school will transform its approach to managing demonstrations.
13.03 / 08:21
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Investigations
Two arrested in Auckland schools threat email case
New Zealand police on Thursday (March 13, 2025) arrested two people and charged one of them in the case involving two schools which had received threat emails. Police launched an investigation to trace the threat email and zeroed in on an address in Māngere East. The officers then arrested a 20-year-old man and a woman. The man was later charged with the possession of a firearm. According to a New Zealand news portal, acting Counties Manukau District Commander Inspector Alison Brand informed that the duo taken into custody did not offer any resistance when they were confronted by the officers. «Investigation staff have been speaking with both of these individuals throughout the day. This is still very much an active investigation and we are limited in further comment at this stage,» said Brand. “Police have now charged a 20-year-old man with a firearms offence. This relates to a firearm located at a different property," she added. Police will produce the man before the Manukau District Court on Friday and may press more charges against him. The entire operation was carried out after a search warrant issued at the address on Thursday morning.
13.03 / 05:07
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Matamata College mourns death of student Sarie Morton in train accident
Sarie Morton, a student at Matamata College (New Zealand), died Wednesday afternoon after being struck by a train near the intersection of Firth St and College St in Waikato. Her school mourned her tragic death in a Facebook post on Thursday by Matamata College board presiding member Craig Alexander and principal Dr Angela Sharples. «It is with deep sadness that we inform our school community of the sudden passing of one of our beloved students, Sarie Morton, following an incident after school yesterday. Our heartfelt condolences go out to Sarie’s family and friends during this incredibly difficult time,» the post read. KiwiRail is providing support to the train driver involved. Emergency services responded to the incident around 3:15 pm local time on Wednesday, but Sarie died at the scene of the accident. The school will remain open Thursday and Friday to provide support for those affected by the tragedy. Professional support services are available to anyone who needs them.
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