Europeans Plan Answer to MIT

October 20, 2006

The European Commission said Wednesday that it would resubmit proposals to create a $3 billion network of research centers out of concern that Europe's academic standards are slipping farther behind those of the United States and risk being overtaken by China's and India's. The commission hopes the European Institute of Technology network will rival the Massachusetts Institute of Technology. "There is a clear consensus that Europe is falling short," as evidenced by the dominance of US universities on the Times Higher Education rankings. International Herald Tribune article