Latest news with #Universities
Yomiuri Shimbun
12 hours ago
- Business
- Yomiuri Shimbun
Japan Joins Race to Attract Top U.S. Researchers with ¥100 Bil. Investment
Yomiuri Shimbun file photo The Prime Minister's Office in Tokyo The government has decided to allocate ¥100 billion from the operational proceeds of the ¥10 trillion University Endowment Fund and other sources to attract eminent researchers from overseas, including Japanese top researchers in the United States leaving the country having lost their jobs due to research funding cuts under the administration of President Donald Trump, Japan plans to fully engage in the intensifying global competition to attract talent. The Cabinet Office has compiled the government initiative, and Minoru Kiuchi, who is the Cabinet minister responsible for science and technology, announced the details at a press conference after a Cabinet meeting on June 13. The University Endowment Fund is a program through which the Japan Science and Technology Agency (JST) entrusts financial institutions with the management of ¥10 trillion in government contributions. Some of the operating profits from this fund are provided as grants to institutions such as the Universities of International Research Excellence. A substantial disparity in wages has posed a significant barrier to attracting foreign researchers, as compensation in the United States and Europe is reportedly two to three times higher than in government plans to use the operational profits from the University Endowment Fund to cover personnel costs and other expenses. This will allow the university to offer foreign researchers compensation comparable to that of their original institutions. Specifically, through the JST, which manages the fund, the government intends to support domestic universities and national research and development agencies that receive personnel. The current basic policy of the Education, Culture, Sports, Science and Technology Ministry limits support from the fund to doctoral students and Universities of International Research Excellence aiming for world-class research capabilities. The government plans to revise the policy shortly so that support will be available by autumn, when researcher recruitment primarily happens in the United States and Europe. In addition to financial support, the government will also back reforms to university personnel systems to be able to receive researchers from overseas and equip institutions with cutting-edge research equipment. Recruitment efforts are expected to extend to the United States and other countries, paired with public relations activities to showcase Japan's attractive lifestyle and cultural appeal. The race to secure top U.S. researchers has intensified, with the European Union indicating it will contribute €500 million (about ¥83 billion). In response, Prime Minister Shigeru Ishiba instructed Kiuchi on June 4 to reinforce efforts to attract researchers at the Council for Science, Technology and Innovation.
Cision Canada
11-06-2025
- Business
- Cision Canada
The Honourable Nolan Quinn to deliver opening remarks at OACETT Conference
WINDSOR, ON, June 11, 2025 /CNW/ - The Honourable Nolan Quinn, Minister of Colleges, Universities, Research Excellence and Security, will deliver opening remarks at the Ontario Association of Certified Engineering Technicians and Technologists (OACETT) Conference on Friday, June 13, 2025, at Caesars Windsor Hotel. This year's conference focuses on the future of infrastructure and the built environment in Ontario. As the province continues to grow and evolve, so too does the need for innovative, forward-looking solutions to meet emerging challenges and seize new opportunities. The event will convene industry leaders, professionals from academic institutions and companies, association executives, and subject matter experts for insightful discussions on Ontario's rapidly changing infrastructure landscape. Event Details: What: Opening Remarks by The Honourable Nolan Quinn When: Friday, June 13, 2025 Time: 1:45 p.m. – 2:30 p.m. Where: Augustus I Room Location: Caesars Windsor Hotel, 377 Riverside Dr E, Windsor, ON Media are invited to attend. Journalists, photographers and cameramen are required to register at
Forbes
11-06-2025
- Business
- Forbes
The NCAA Settlement Brings Lots Of Questions And Few Answers
The NCAA finally secured its long-awaited settlement that will change college sports forever. It will cost the organization an eye-watering $2.8 billion and allow colleges and universities to directly pay student athletes going forward. But it's not enough to solve the underlying structural problems in college sports and may instead make them worse. Take the direct payments to student athletes. The agreement includes a cap, currently $20.5 million and expected to rise to $32.9 million by the 2034-35 school year. As a practical matter, that cap is really table stakes for any institution hoping to be competitive in D1 revenue sports like football or basketball. No one will be able to put together a competitive team with less, and it will tilt the playing field towards bigger, richer schools. Compounding matters, the NIL payments that have broken the amateurism model haven't gone away. They're still permitted, above and beyond the direct payments from schools, and as a practical matter, top programs may be in the position of needing to marshal $40-50 million in total. Even that won't be simple. The agreement also establishes the College Sports Commission, which is tasked with guaranteeing that NIL deals reflect 'fair market value,' using a formula developed by Deloitte. How is this supposed to work? Isn't fair market value equal to whatever someone is willing to pay? If it is, then the College Sports Commission risks becoming little more than a rubber stamp. If they try to argue that this isn't the case, lawsuits are guaranteed. Similarly, do direct payments mean athletes are now employees? Not so fast. That's another lawsuit waiting to happen, and it makes the matter of collective bargaining all the more urgent. A players union could be helpful, because it would make stronger contracts and rules possible. But would the NCAA even be able to recognize a union? Setting aside these legal matters, the money is the heart of the problem. Two Big Ten universities reportedly may have already tapped private equity for the resources they need to compete, although the universities deny this is the case. Private equity may be the right strategy for some institutions, but private equity is smart. They're not investing for kicks and will expect a significant return on their investment. All the while, smaller schools will struggle to put together the funds needed to be competitive. Leaders at those institutions need to think carefully about whether it makes sense for them to even be in D1 football or basketball. Perhaps a few Group of Five (G5) schools will be able to compete because they already have strong programs, but virtually none of them will be able to compete financially. Some schools are considering adding more student fees to pay athletes. Is it right for all students to pay more for an education so a select few can earn thousands or even millions of dollars? Other institutions will be tempted to put smaller, non-revenue Olympic sports on the chopping block. This could harm our nation's performance in the Olympics. And would it stop there? If you're willing to cut women's tennis or your swim team, what about the philosophy department? How much are administrators willing to give up just to afford football and basketball? Despite the resolution of the House case, college sports remain broken. Leaders need to step up and force meaningful and clear change, instead of waiting while lawyers and D.C. politicians run up the tab.
Yahoo
07-06-2025
- Business
- Yahoo
'Study in Beijing' Thematic Education Exhibition Held in Mexico and Brazil
BEIJING, June 7, 2025 /PRNewswire/ -- A news report from CRI Online: From June 5 to June 12, 2025, the "Study in Beijing" Thematic Education Exhibition was held in Mexico and Brazil. Through one - on - one consultation and Q&A sessions, thematic presentations, and sharing of study - abroad policies, it helped the education sectors and parents of students in the two countries understand high - quality educational resources in Beijing, expand study - abroad options, and bridge the information gap for studying in Beijing. A total of 19 people from 2 ministries - affiliated universities, 5 municipal - affiliated universities, and 7 middle schools in Beijing, which have the qualifications to enroll international students, participated in the exhibition. It is reported that the "Study in Beijing" Thematic Education Exhibition in Mexico was held on June 7 at the Engineering Building of the National Autonomous University of Mexico. The "Study in Beijing" Thematic Education Exhibition in Brazil will be held on June 10 at the School of Higher Advertising and Marketing of the State University of São Paulo. During the exhibitions, the achievements of Beijing's education construction and the international talent cultivation system will be introduced. Diversified inter - school cooperation models such as promoting cooperation between sister schools and establishing student - source bases in Beijing will be advanced. It is hoped that through targeted promotion by universities and inter - high - school exchanges and cooperation, the pool of undergraduate students can be cultivated. Through deepening exchanges and cooperation among universities, master's and doctoral student enrollment as well as student exchanges can be expanded. Thus, the connotation of educational cooperation can be deepened, and people - to - people exchanges with the two countries can be promoted to a new level. Exhibiting Institutions: Peking University Beijing Institute of Technology Capital Medical University Capital Normal University Beijing Youth Politics College North China University of Technology Beijing Polytechnic University The Second High School Attached to Capital Normal University Beijing Zhongguancun Middle School The Experimental School Affiliated to Beijing Haidian Teachers Training College Xueyuan Road School Affiliated to Tsinghua High School Beijing Yuying School Zhixin School Affiliated to Tsinghua High School Beijing No. 39 Middle School View original content: SOURCE CRIOnline
The National
28-05-2025
- Business
- The National
Trump administration orders embassies worldwide to halt student visa appointments
The Trump administration has paused new foreign student interviews at embassies and consulates around the world as it considers requiring the vetting of applicants' social media. A memo sent to diplomatic posts by Secretary of State Marco Rubio said the pause would last "until further guidance is issued". Politico first reported the move. It has major implications for the hundreds of thousands of students in the US, and millions of prospective applicants. If the administration goes through with the plan, it could severely slow down student visa processing, and ultimately hurt universities who rely heavily on foreign students' tuition fees. In 2023-24, the US hosted an all-time high of 1.1 million international students. About 90,000 are from the Arab World, according to estimates, while more than 300,000 are Indian. This is an escalation of current screening measures that have focused mostly on those who took part in pro-Palestine campus protests last year. Consular officers have, since March, been required to conduct mandatory social media reviews looking for evidence of support for 'terrorist activity or a terrorist organisation', which could be as broad as showing support for the Palestinian cause, according to The Guardian, quoting a department message. "It seems to be such a controversial thing that's going on, but it shouldn't be, and every nation should take seriously … who's coming in, so if you're going to be applying for a visa, follow the normal process, then all the steps, expect to be looked at and we go on from there," State Department spokeswoman Tammy Bruce said. "It is a goal, as stated by the President and Secretary [of State Marco] Rubio, to make sure that people who are here are here and understand what the law is, that they don't have any criminal intent, that they are going to be contributors to the experience here, however short or long their stay is."
