India’s Amity College buys New York faculty for $22 mn-Enterprise Information , Firstpost

Amity hopes a US campus will appeal to college students from overseas who wish to achieve the status that comes with finding out in the US. It additionally hopes to forge analysis partnerships with different faculties, and to attach overseas students with their counterparts right here.

Brookline: Certainly one of India’s largest faculties is increasing into the US with the acquisition of 1 campus in New York and a proposal to purchase two extra, drawing opposition from state officers in Massachusetts concerning the high quality of the training it can supply.

Dozens of US faculties have opened abroad campuses, however few overseas colleges have sought to ascertain branches in the US, partially due to the price and tighter regulation. Amity College, a system of personal faculties based mostly in New Delhi, has lengthy sought to create a worldwide community of colleges, nonetheless.

Because it was based in 2003, the chain has opened campuses in India, England, China, South Africa and 5 different international locations.

Add the US to that listing.

Indias Amity University buys New York college for 22 mn

Amity College, Delhi. Courtesy: FaceBook

Amity paid $22 million final month to purchase a Lengthy Island department of St John’s College in New York Metropolis, which was promoting the campus and shifting to a smaller web site on Lengthy Island. Amity plans to open its first US department on the 170-acre, century-old campus after it positive aspects possession in June 2017.

The chain additionally has made a deal to purchase the New England Institute of Artwork, a for-profit faculty close to Boston, and certainly one of its sister colleges, the Artwork Institute of New York Metropolis, in keeping with paperwork filed in Massachusetts. The deal would require approval from state training officers.

“We’re very, very skeptical about this,” stated Massachusetts Legal professional Normal Maura Healey, who’s asking the state’s Board of Larger Schooling to dam the sale. “It is laborious to think about that this outfit from abroad, which has by no means finished any training work right here on this nation, is well-suited to offer any sort of training to those college students.”

Amity hopes a US campus will appeal to college students from overseas who wish to achieve the status that comes with finding out in the US. It additionally hopes to forge analysis partnerships with different faculties, and to attach overseas students with their counterparts right here.

“We’ve a worldwide imaginative and prescient for training, a mannequin of training which permits for scholar mobility, school collaboration and analysis collaboration,” stated Aseem Chauhan, Amity’s chancellor. “We consider that the leaders of tomorrow will likely be those that have views from totally different elements of the world.”

Owned by a nonprofit firm, the chain affords bachelor’s and graduate levels in a variety of fields, from artwork to engineering. It enrolls 125,000 college students at greater than a dozen campuses, and has grown quickly amid rising demand for increased training in India.

Its founder president, Ashok Chauhan, was charged with fraud within the Nineties by authorities in Germany, the place he ran a community of corporations. He returned to India and was by no means extradited. A plastics firm within the US additionally sued Chauhan in 1995 for failing to pay $20 million in money owed, which led to an ongoing court docket battle in India. The college is now within the arms of his sons, Aseem Chauhan and Atul Chauhan.

Some within the US say the varsity is extra just like a for-profit faculty than a standard four-year college.

“They’re a subsidiary of a conglomerate of corporations,” stated Barmak Nassirian, director of federal relations and coverage evaluation for the American Affiliation of State School and Universities. “That is in no way reassuring, in case you ask me.”

Aseem Chauhan counters that Amity has an “glorious and distinctive” observe report of scholar outcomes, though he declined to offer the statistics.

The varsity’s leaders have been eyeing a US enlargement for years. In 2011, Amity was certainly one of seven faculties that entered a contest to construct an engineering campus in New York Metropolis. Cornell College and a faculty in Israel in the end gained. In 2014, Amity filed paperwork to open a nonprofit college in California, tax information present, however by no means opened a campus.

Amity has been pushing for US enlargement whereas some conventional colleges shut due to dwindling enrollment, and as many for-profit establishments search patrons amid rising federal regulation and oversight.

“The for-profit market is admittedly extensive open proper now,” stated Kevin Kinser, a professor of training coverage at Pennsylvania State College. “An establishment with numerous assets may see this as an affordable alternative to get a foothold within the trade.”

Chauhan would not talk about Amity’s proposed buy of the 2 for-profit colleges, and neither would the corporate that is promoting them, the Pittsburgh-based Schooling Administration Company. However either side signed a letter to Massachusetts training officers in July outlining the “anticipated acquisition” by Amity.

They are saying the sale would save the New England Institute of Artwork, which began planning to shut final 12 months after half a decade of steep enrollment and income losses. The institute has stopped including new college students, and plenty of others have left. Some former college students are actually planning to sue the institute for fraud.

Massachusetts training officers have requested extra data from Amity concerning the proposal.

Even when it is authorised, Amity might face an extended street earlier than it begins work within the U.S. To start granting levels, it could want approval from a U.S. accreditor, usually a rigorous course of. And to obtain federal monetary help for its college students, it must be screened by the U.S. Division of Schooling.

Nonetheless, Chauhan stated he is able to make his case.

“We constantly benchmark our high quality with the very best quality requirements and the most effective accreditation requirements globally,” he stated.

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