Use of private money is a private matter

Article Abstract:

The use of public funds to support overseas activities by UK higher education institutions has been criticised by the National Audit Office, even though governments have urged them to undertake commercial activities for 30 years. Foreign activities are undertaken for several academic reasons, such as facilitating international cooperation, staff exchange and enabling joint teaching delivery. Institutions should be permitted to invest in foreign activities and should not be castigated if the investment fails to generate a profit, provided the return is balanced in the long term.

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The education of the exiled

Article Abstract:

The Revolutionary Assn of the Women of Afghanistan plans to set up a medical school and university in Pakistan. There are 3.2 mil Afghan refugees in Pakistan, and the university would also bring together Afghan expertise.

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College pension funds put your money where your ethics are

Article Abstract:

From July 2000 all pension schemes will have to reveal whether they have invested ethically. Some universities will not allow investments in tobacco companies, whilst others do not want to jeopardise fund profits.

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