Colleges and universities in the USA and many other countries find themselves in a deepening financial challenge that is significantly influencing operating decisions as well as student access to higher education. These trends are attributed to the weakened finances of governments, competition from non-discretionary public spending, the nature of…

The nation's recuperation from the Great Recession remains sluggish, with high unemployment and a weak housing market continuing to squelch hopes that a full economic recovery will soon be at hand. The intensity and nature of the recession's lingering effects vary considerably across the country, however. Some metro areas, like Austin and…