September 22, 2009

In Financial Crisis, Government-Backed Foreign Universities Tout Their Stability

By David McNeill

Seoul, South Korea

While American universities struggle amid the harshest economic climate in a generation, institutions in much of the rest of the world are sheltered from the worst of the fallout by stronger government backing. Delegates to a conference of university presidents here on Monday heard that colleges in Asia and Europe are pushing ahead with expansion plans—even as their U.S. counterparts cut back.

The 2009 International Presidential Forum, an annual gathering that draws mainly from