A new study of endowments by the National Association of College and University Business Officers (NACUBO) and the Commonfund Institute has brought good news to college and universities: While endowment returns dropped precipitously in fiscal year 2009 as a result of the financial crisis and accompanying slide in equity markets, they climbed to an…

Times are very tough. The great majority of colleges are looking at 2009 and 2010 and beyond, in anticipation of the deepest budget cuts in more than a generation. But as bad as the financial situation may be, colleges can survive if they take swift and strong emergency action. It is time for some straight talk, starting with the realization that…

The role of the home economist as a financial counselor is essential to providing victims of wife abuse with a means of financial stability. The counselor can assist the victim with everything from financial stability to budgeting. (Author)

Describes the financial history of the Journalism Education Association from its inception in 1924 to the present. (CRH)

The American Library Association (ALA) 1987 Midwinter Conference was characterized by process, particularly the new planning process which threatens to drain ALA's money and leadership energy away from the substantive issues that need attention, such as the next Librarian of Congress's qualifications and services to minorities and the poor. (EM)

The five most common pitfalls of money management in child care programs are described along with proposed remedies. These pitfalls involve: (1) failure to account for shortfalls in income due to declining enrollments; (2) failure to put cost-cutting efforts into perspective and to choose the most feasible areas for cost savings; (3) failure to…

Recommends strategies to help for-profit and non-profit child care centers survive financial crises. These strategies include discovering the source of the problem; monitoring cash flow; trimming the budget; slowing cash outflow; speeding cash inflow; exploring new income sources; enduring the strain effectively; and avoiding crisis repetition.…

Parents of an adolescent with severe physical disabilities talk with a counselor about their marital problems, which are focused on the financial strains caused by the expenses of sending their daughter to a private school. Counseling focused on the parents' need to reevaluate their own desires. (DB)

This paper reconceptualizes the purposes of education's budget envelope. Citing numerous examples of how policymakers consider resource allocations apart from the main concerns of individual programs, the people reallocations affect, and education's most important programs, it suggests that policymakers and finance officers reemphasize program and…

In August 1985, the Commission on California State Government Organization and Economy initiated a study of California's community college system to assess the adequacy of financial accountability in the system. Two hearings, interviews, and analyses of extensive data, yielded the following findings: (1) 25% of the community college districts had…

To stay healthy, legal education must enhance greatly its information, planning capacities, resources for management of financial risk, and development of investment capital. Planned diversification of risk could make survival of broad-based quality legal education possible; otherwise schools will be forced to accept any cash-bearing applicant.…

Arguing that the benefits from borrowing abroad exceed the costs recently imposed on countries through debt-servicing difficulties, this paper defines debt as an engine of growth, forcing the borrower to produce goods efficiently, export them, and function competitively in the international market. Debt-servicing difficulties of developing nations…

The major legal issues surrounding trustee financial exigency decisions, the fiduciary duties of trustees to preserve net institutional assets, and potential trustee liability for a decision to close an institution prior to bankruptcy are examined. (Author/MSE)

As a consequence of declining enrollment and decreasing public school revenues, coupled with cost increases linked to state and federal mandated programs, collective bargaining obligations, rising energy costs, and a larger proportion of high cost (disadvantaged) students, administrators are faced with a compelling need for cutbacks in…

Due to enrollment decline, reductions in federal support, and declining state support because of a constricted economy, growing inflation, expanding government and legal requirements, and the loss of public confidence in education, the Portland School District (Oregon) developed a short-term contingency budget planning process in fiscal 1980-81 to…