The US is not the only country fighting over higher education reform. Nepal recently received a large chunk of change to beef up their higher education system.

My Republica reports:

WB approves US$ 65m credit for higher education reforms

KATHMANDU, Feb 20: The World Bank Friday approved a US$ 65 million credit for the Nepal Higher Education Reforms Project to help address the human resource needs of the country and add to the national knowledge base.

The project intends to support reforms in selected institutions for improving quality, relevance, and efficiency of higher education; and to assist under-privileged students for equitable access, the World Bank stated in a news release today.

The project will focus on implementation of reforms in different areas including more effective public funding of higher education institutions, institutionalization of the national accreditation system, greater institutional autonomy, strengthening of the examination system, expansion of new academic programs and research and financial support for under-privileged students, the news release reads.

Over 12 billion’s assistance to Nepal
Meanwhile, the International Development Association (IDA) of the World Bank has agreed to provide an assistance of around Rs 12.92 billion to Nepal for the implementation of Grid Solar and Energy Efficiency Project.

At a program organized at the Ministry of Finance, Singha Durbar, today, Joint Secretary at the Ministry, Madhu Kumar Marasini, and World Bank Country Manager, Takuya Kamata, signed the agreement.