Claiming that 70 per cent of arts degree holders find no employment locally, chairman of the University Grants Commission Prof. Sampath Amaratunga has cited it as the sole reason for the criticism against the entire university system.
Speaking at a meeting of the sectoral oversight committee on the economic crisis, he also suggested the state recovers, at least in installments, the cost borne to create a graduate migrating to another country.
COPE is investigating 122 lecturers of Peradeniya University who are absconding following higher education at foreign universities.