From http://articles.boston.com/2011-10-13/news/30276318_1_branch-campus-satellite-campus-george-mason-university
Universities rethinking global expansion
By Mary Carmichael
October 13, 2011
Over the last decade, universities spurred by dreams of global cachet - and, sometimes, by foreign governments eager to underwrite them - built or rented whole campuses and offered Western-style education abroad. But now some schools are running out of cash as they struggle to attract enough students and develop a viable business model.
“In the last 10 years, there was a gold-rush mentality,’’ said Jason Lane, who studies the phenomenon at the State University of New York at Albany. “Everyone was trying to start an international branch. But now the excitement is stalling.’’
Read the full article at http://articles.boston.com/2011-10-13/news/30276318_1_branch-campus-satellite-campus-george-mason-university
Read a related article in the Chronicle of Higher Education at http://chronicle.com/blogs/worldwise/another-one-bites-the-dust/28769?sid=at&utm_source=at&utm_medium=en
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