In Chile, the term Universidades Tradicionales (Traditional Universities) is used to denote the group of universities founded before the 1980s.
These universities received state financial support (in many ways) and collectively are recognised as the public system of higher education.
Despite the categorisation of public the most of them do not belong to the state. Actually, there are three types of universities, according its property:
Estatales, which belong to Chilean State. There are Universidad de Chile, Universidad de Santiago de Chile (formerly Universidad Técnica del Estado, technical focused university) and regional universities, which in the 1970s were constituted from the regional campuses the two first.
Two private universities, which belong to non-profit foundations. These universities are the Universidad de Concepción founded by Concepción citizens and the Universidad Técnica Federico Santa María, created as testamentary will of Federico Santa María Carrera.
In Chile, the term Universidades Tradicionales (TraditionalUniversities) is used to denote the group of universities founded before the 1980s.
These universities received state financial support (in many ways) and collectively are recognised as the public system of higher education.
These universities are the Universidad de Concepción founded by Concepción citizens and the Universidad Técnica Federico Santa María, created as testamentary will of Federico Santa María Carrera.
Universities are tax exempt and the only way for owners to get profits and/or capital out of them is to actually perform labor services for the outfit and earn a salary - which can be inflated.
The private Chileanuniversity is, in my judgment, a teaching center which combines some of the features of an American community college's zero-research program and numerous adjunct instructional team, with the size, feel, devotion to principle, and structure of a typical American liberal arts college.