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Cohen, Jennifer S. – New America Foundation, 2011
By late 2008, the United States was in the midst of its most severe economic recession since the 1930s, brought on by a collapse in real estate prices and exacerbated by the failure of many large banks and financial institutions. Heeding calls from economists, Congress and the Obama administration passed a historic law in early 2009 to stimulate…
Descriptors: Higher Education, Educational Finance, Trend Analysis, Economic Impact