JAMAICA - The country’s tertiary institutions are wilting under the heavy weight of debt

Title:

Universities running on E - - UWI, NCU beg for huge bailouts - Mico feels pressure - UTech liquidates a billion dollars in assets

 

Author:

Erica Virtue

 

Published:

The Gleaner, 21 February 2021

http://jamaica-gleaner.com/article/news/20210221/universities-running-e-uwi-ncu-beg-huge-bailouts-mico-feels-pressure-utech

From the article:

Last week, The University of the West Indies (UWI) and Northern Caribbean University (NCU) begged the Government for multibillion-dollar bailouts during a Gleaner Editors’ Forum, while the University of Technology, Jamaica (UTech) said that it had liquidated more than a billion dollars’ worth of assets to offset a massive revenue shortfall.