[originaltext]America’s universities are the envy of the world with 60% of all

America’s universities are the envy of the world with 60% of all U.S. high school graduates attending college, while in Germany, it’s 30%; in France, 28%; and in Britain, only 20%.

With regard to the term of the directors and chairmen, a four-year period is better from the perspective of the continuity and stability of a company’s policy though two-year is also reasonable.