Provides basic business teachers with a current analysis of the rapidly changing topic of financial institutions and related functions. Elements discussed include recent financial legislation and students' money management decisions. (CT)

Describes a home equity conversion counseling model in partnership with private sector resources as a possible solution for older Americans who find themselves "house rich but cash poor." Discusses obstacles to widespread acceptance of this concept and future policy implications. (Author/NB)

Describes Individual Development Accounts (IDA), a federal program that combines low-income individuals' savings with matching funds for such goals as home ownership, education, and small business startup. Discusses their effect on community building and how extension educators can participate in establishing IDA programs. (SK)

Discusses money management for college students and techniques parents use to influence student spending. Suggests that a set allowance is useful to students who need to learn to budget their expenses and become more responsible. (JAC)

States are moving away from plans allowing parents to pay for their children's education at a fixed rate years in advance, instead looking at plans that simply help parents save money. Of the nine guaranteed-tuition programs, only three are in operation, and some are pressing for a national program. (MSE)

The state and federal trend toward encouraging parents to save for college education is praised for putting responsibility back on parents, but there is concern about the effectiveness of national or state programs to stimulate savings and about neglect of the poor in the rush to help middle-income families. (MSE)

The author points out the multifaceted aspects of the problems associated with rural women's need for money and financial services and outlines innovative schemes in this area such as the bank for the landless in Bangladesh, a savings and loan cooperative for market women in Nicaragua, and a savings development movement in Zimbabwe. (CT)

Colleges are offering innovative financing plans, some risky, that allow families to pay college costs in a rational manner and in turn keep enrollment up. They include tuition futures plans, electronic funds transfer, gift certificates, credit card payments, megaloans, tuition stabilization plans, institutional loans, tuition matching, and…

Describes ways to cope with the costs of higher education, including comparing how different colleges award and structure aid packages, paying off debts, and otherwise managing assets. (SK)

The introductory section of the International Reading Association (IRA) annual report for 1981-82 briefly discusses recent developments concerning the organization, including its efforts to support education in the federal legislature. It also outlines various literacy projects in which the IRA participates, such as Literacy Support, Newspapers in…

The Real Estate Investment Trust, a companion organization to the Common Trust, allows colleges to commit as little as $50,000 for investments in commercial properties at minimum risk, which could protect endowments while providing returns comparable to those of the stock market. (MSE)

With tuition rising and anxiety mounting over students too deeply in debt, an effort to change the psychology of paying for college is gaining steam. The Reagan Administration is expected to propose a new savings bond whose interest would be tax free if the bond is cashed in for college. (MLW)

Michigan's legislature has approved the only statewide plan to allow parents to prepay their child's tuition to any of the state colleges, state universities, or community colleges. Prepayment may begin any time from the child's birth until his or her 18th birthday, and the money will be invested in a trust. (MSE)

There is substantial evidence that problems with family and other interpersonal relationships are often associated with financial stress. A counselor is likely to see clients whose financial difficulties are caused by, or associated with, one or more of four major types of problems: (1) lack of skills; (2) circumstances in the client's macro- or…

Summarizes major problems in school financial management and suggests practical improvements to aid external reporting of financial data and internal management. Sections of the article describe these categories of problems: (1) budget presentation; (2) management control; (3) cost accounting; and (4) financial reporting. (PS)