Category: Education

BusinessEconomyEducation

International MBA Applicants Shift from U.S. to Asian and European Business Schools

U.S. business schools are experiencing a downturn in international applications while Asian and European institutions see growth. Analysts suggest visa restrictions and regional opportunities are driving this geographic shift in management education preferences.

Declining Interest in U.S. MBA Programs

Applications to American business schools have reportedly decreased this year as international students express concerns about visa regulations and look closer to home for graduate management education. The trend marks a significant shift in global business education patterns, with sources indicating even prestigious institutions like the University of Pennsylvania’s Wharton School have seen reduced interest from foreign applicants.

by Megan Carter
EducationPolicy

Elite US Universities Slash Budgets as Endowment Tax Hike Bites Despite Strong Returns

Leading US institutions are cutting spending on PhD programs and research facilities to offset a new tiered excise tax on endowment income. The measures come even as universities report robust investment returns, with some facing potential $1 billion tax bills over five years.

Budget Cuts Hit Prestigious Campuses

Several elite American universities are implementing significant spending reductions despite reporting strong investment performance, according to recent reports. Sources indicate institutions including Harvard, Stanford, Yale, Princeton and MIT are facing a sharp increase in the excise tax on endowment income beginning next July, prompting austerity measures ranging from hiring freezes to suspended capital projects.

by Megan Carter
Assistive TechnologyEducation

EU Launches Advanced Materials Academy to Train 200,000 Workers by 2029

The European Commission and EIT have launched the European Advanced Materials Academy, targeting 200,000 trainees by 2029. The initiative focuses on closing skills gaps in energy, mobility, and construction sectors while driving Europe’s leadership in sustainable materials innovation.

Major EU Skills Initiative Launched

The European Union has launched a landmark educational program designed to strengthen Europe’s technological sovereignty and competitive edge. According to reports, the European Advanced Materials Academy will train approximately 200,000 people across member states by 2029, creating what officials describe as a “future-ready workforce” capable of driving innovation in critical sectors.

by Megan Carter