New Indian/Australian agreement for the mutual recognition of qualifications signed by Albo - economic impacts?? - This recently signed agreement has me somewhat concerned. Whilst India has some amazing educational institutions with some of the toughest entrance exams,who churn out highly skilled and intelligent graduates there are many other “ghost colleges” operating.
Education is booming in India especially in the private sector. Buying degrees and graduating with little or no skills is commonplace. As described by the former Dean of Education at Delhi University, Anil Sadgopal, "Calling such so-called degrees as being worthless would be by far an understatement.”
With student visas already at record numbers and housing/rental,capital infrastructure struggling to cope I am struggling to see the economic benefits here. Any thoughts on this?Ausfinance
New Indian/Australian agreement for the mutual recognition of qualifications signed by Albo - economic impacts?? - This recently signed agreement has me somewhat concerned. Whilst India has some amazing educational institutions with some of the toughest entrance exams,who churn out highly skilled and intelligent graduates there are many other “ghost colleges” operating. Education is booming in India especially in the private sector. Buying degrees and graduating with little or no skills is commonplace. As described by the former Dean of Education at Delhi University, Anil Sadgopal, "Calling such so-called degrees as being worthless would be by far an understatement.” With student visas already at record numbers and housing/rental,capital infrastructure struggling to cope I am struggling to see the economic benefits here. Any thoughts on this?
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
🔺 Student Loan Delinquencies Hit Record 12.9%... The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...