Debt climbing for uni's failed campus
Harriet Alexander Higher Education Reporter
June 14, 2007
THE University of NSW faces a further blow over its ill-fated Asia campus
with revelations it will be forced to pay about $20 million to the Singapore
Government for pulling out of the venture.
Singapore's Economic Development Board paid the university about $80 million
to set up the campus and the university had drawn down just under a quarter
of the grant.
But it is understood the board will ask for