economy
October 29, 2010
Financial Aid Rises Alongside College Prices
The College Board released its 2010 Trends in College Pricing report this week. The report made a large public splash amidst heightened concern about college prices during the economic crisis. The report’s data and conclusions were presented and dissected from many different perspectives, including: The Wall Street Journal, The New York Times, The Washington Post,…
October 27, 2010
Berkeley Report Provides Roadmap for ‘Smart Growth’ in Higher Ed
John Aubrey Douglass of UC Berkeley’s Center for Studies in Higher Education has issued a new report on the current status of higher education, and potential paths for growth and change into the future. In Re-Imagining California Higher Education, Douglass argues that the existing model for higher education in California (here representative of higher education…
October 21, 2010
New Book Places College Cost Debate in Larger Context
Two economists at the College of William and Mary have published a new book called ‘Why Does College Cost So Much?‘ In a co-authored op-ed published by Inside Higher Ed, Archibald and Feldman explain that their book is an attempt to largely dispel commonly asserted narratives that blame rising college costs on a particular set…
October 15, 2010
Will Expanded Higher Ed Tax Credit be Made Permanent?
The federal Recovery Act of 2009 included a two year expanded higher education tax credit (based on the existing Hope Tax Credit). The new American Opportunity Tax Credit (AOTC) maxes out at $2,500, can be redeemed for up to four years, is partially refundable (up to 40%), and eligibility does not start to phase out…
October 14, 2010
Britain Rethinks Higher Ed Financing
While some may be expanding public investment in higher education, the US is not alone in wondering how to maintain globally competitive institutions while significantly increasing student access in the face of diminishing public resources. A British panel headed by Lord John Browne released a long anticipated report, Securing a Sustainable Future for Higher Education,…
October 11, 2010
Public Sector Workers Paid Less Than Private Sector Counterparts
As the economic crisis has continued to batter state budgets across the nation, the compensation of public employees has become a hot button issue for citizens, politicians, and the media. However, the Economic Policy Institute has released a statistical analysis that shows that, after controlling for education, experience, hours worked, organizational size and personal characteristics,…
October 8, 2010
Increasing Support for Higher Ed not a Taxpayer Priority
The Pew Center on the States teamed up with the Public Policy Institute of California to assess taxpayer attitudes toward state government, budget cuts, and funding priorities during the Great Recession. The survey was conducted in five states– Arizona, California, Florida, Illinois and New York– , which, together, comprise 1/3rd of the nation’s population, 1/3rd…
October 7, 2010
CA to Vote on Budget that would Restore Some UC Funding
The California State Legislature is set to vote on the budget for FY10-11 (current fiscal year) today; 99 days after the start of the fiscal year. Based on negotiations among the gang of five (governor and majority and minority leaders from senate and assembly) the budget should pass. The starting problem for California was a…
September 24, 2010
National Academies Continue to Sound Alarm Bell on Competitiveness of Research U’s
The National Academy of Sciences, National Academy of Engineering, and Institute of Medicine have sponsored an update to their consequential 2005 report entitled Rising Above the Gathering Storm: Energizing and Employing America for a Brighter Economic Future. The latest version is called Rising Above the Gathering Storm, Revisited: Rapidly Approaching Category 5, and can be…
September 23, 2010
State Budget Deficits Continue To Grow Across US
As the UW works to address the recent 6.3% across the board state budget reduction for Fiscal Year 2011 ($17.1 million for the UW) ordered by Governor Gregoire last week, other states across the country also continue to struggle with growing state budget deficits. While the recession may have technically ended in June 2009, the…
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