Budgeting is inherently political. Too often, short-term goals overrun long-term institutional interest. By presenting the many layers of budgeting models with a clear, comparative framework, author Larry Goldstein, demonstrates the organic link between planning and budgeting, making it crystal clear that budgets and plans represent two sides of…

The Federal Reserve (the Fed) is the central bank of the United States. It has a congressional mandate to promote maximum sustainable employment and price stability. In normal times, the Fed seeks to achieve this mandate by setting the position or "stance" of monetary policy, primarily by managing the level of short-term interest rates.…

Budgeting is inherently political. Too often, short-term goals overrun long-term institutional interest. By presenting the many layers of budgeting models with a clear, comparative framework, author Larry Goldstein, demonstrates the organic link between planning and budgeting, making it crystal clear that budgets and plans represent two sides of…

This article presents an overview of major factors contributing to the Great Recession of 2007-2009. Descriptions of teaching resources and ideas for lesson plans are provided.

Members of The Principals' Partnership are seeing negative aspects to the current economic downturn that are likely to impact the quality of education provided in public high schools. They also would like to see changes in the accountability requirements of No Child Left Behind. Those were the key findings in the 2009 Principals' Partnership Poll…

The intended audience for this primer includes new academic administrators and faculty members who seek involvement in campus governance and need a greater understanding of administrative processes, particularly those related to budgets and budgeting. After reading this publication, readers will have a better understanding of the budget process at…

This handbook, written primarily to help faculty members with little prior experience in college or university budgeting, provides a self-help approach to basic budgetary matters. It describes the kinds of funds and other accounting terms found in college and university budgets as well as the accounting principles governing colleges and…

Argues for greater two-year college faculty involvement in grant proposal writing. Lists available library resources on funding sources; reviews types of grants provided by government agencies; discusses community, national general purpose, special purpose, family, and corporate foundation support; and describes the specific steps in writing a…

A strong economic recovery offers higher education only some relief. Educators must respond in new ways to economic problems. Higher education offers the best chance for finding regional and national solutions, but, ironically, it must reshape itself to do so. (MSE)

A University of Maryland at College Park administrator offers his perspective on a recent retrenchment process that resulted in program closings. He describes the dialog between administration and faculty and credits the faculty with important support and participation in difficult decision making. (MSE)

Forces raising the cost of higher education will not disappear even in a stronger economy. Most research universities will be faced with balancing the scope of their individual commitments and the nature of their relationship with other institutions with advancement of knowledge and education at the highest levels. (MSE)

Analysis of resource allocation in Michigan's higher education institutions indicates that spending is not driven by fixed costs, as often assumed. Most functions connected to the fundamental missions of the universities have been given lower priority than ancillary functions. Faculty compensation has lost ground overall, rather than leading…

Examination of retrenchment clauses in the faculty union contracts at 42 colleges and universities focused on implications for tenure rights and the roles prescribed for faculty and administrators. Concepts of financial exigency and shared governance are highlighted. Contracts were found to provide faculty with a limited and reactive role during…

This book examines the practices that support and enhance the value of part-time faculty both in and outside the college classroom, offering 43 specific recommendations to help institutions plan and manage their use of part-timers, develop fair employment policies, and invest in part-timers as valued human resources contributing to the quality of…

The 10 issues of this organizational bulletin for the 1992/93 school year present articles, panel discussions, interviews, and essays on issues concerning the advancement of higher education. Among the topics and issues discussed are the following: an interview with Parker J. Palmer concerning community and commitment in higher education;…