The year 2018 marked the 10th anniversary of the global economic crisis of 2008. In Europe, austerity has been a constant ever since the crisis. This article critically engages with recent institutional and ideological developments in the small Baltic state of Estonia. The article investigates the structural reforms and prevailing ideology in…

New legislation in California will allow school districts, such as Oakland Unified School District (OUSD), to consider the "financial and academic impact" when approving or denying applications for new charter schools. OUSD has been in fiscal distress in the past and faces fiscal challenges that continue to play out in classrooms across…

The accountants Grant Thornton (GT) do a welcome and nice piece of pro bono work by analysing the annual accounts of the UK's 160 (sic) HEIs and compiling a report on "The Financial Health of the Higher Education Sector"--this year entitled "The calm before the storm"! GT duly note that, if the US Department of Education's…

When officials at tuition-driven Fisk University raised the veil of secrecy a few years ago surrounding the university's financial condition, the details they laid out were less than encouraging. The Nashville-based university, home of the historic Jubilee Singers, was losing several million dollars a year and had not received any major private…

This report examines college and university finances during one of the most turbulent economic periods in decades. The financial ramifications of the 2008 recession were vast, affecting students' ability to pay for college, lawmakers' prioritization of public resources, and the budgetary environment facing higher education leaders. The challenges…

As other universities across the country struggle with their financial challenges, continuing education units can serve the same pioneering role in the development of new financial and budget systems. Confronted by serious financial shortfalls during the last three decades, university administrators started to focus on new budget and revenue…

Why should society support the humanities when so many people are suffering from the effects of the economic crisis? What claim do the humanities, or scholarship generally, have on increasingly limited resources? Shouldn't such pursuits be considered luxuries at a time when people should be focusing on essentials? The alleviation of human…

Universities are organized to assume uninterrupted growth in enrollments and endowments, steady public funding, an annual ability to inflict tuition hikes on students and their families, everlasting degree programs, vast building operations and permanent commitments to a senior professoriate. Lacking an agile and responsive governance structure,…

The focus of the study was to examine the impact of the recession on (1) community college funding, (2) community college student support services, and (3) on student enrollment. This study relied on data from document analysis and interview of community college personnel and students. The current crisis has resulted in a steep budget reduction to…

The current economic crisis has naturally reached into one's pocket and made many people anxious about their own finances. As consumers ride out these treacherous times, where can they go to find advice on managing and paying down their debt, protecting their investments, incomes, and retirement plans, and applying for mortgages in a tight credit…

In this article, the author explores how some community colleges have survived, if not thrive, amid the pain of a deep recession. Rather than cut educational options, administrators at Pima Community College in Tucson, Arizona have opted to freeze discretionary spending, sweep unspent budget allocations back into its general budget, improve its…

As Congress began debate last week over the size and scope of more than $120 billion in proposed emergency education aid, state leaders were anxiously awaiting the details so they could make specific plans to spend the economic-stimulus money. Governors, state legislators, and state schools chiefs have yet to learn what rules Congress will attach…

This report projects the amount Colorado would need to spend to maintain state services at 2007 levels through fiscal year 2012-13 and the amount of revenues that will be generated to pay for them. The costs of services were estimated based on factors that drive the budget, such as the number of students in college, inflation rates and the number…

Throughout history, societal investments in children have resulted in increased prosperity for individuals, communities, states and nations. This proved to be the case for California in the 1950s and 1960s, when the state strongly supported children's futures. Despite once following this path to prosperity, California has de-prioritized children…

Discusses the plight of Central State University in Wilberforce, Ohio, and the University of the District of Columbia, both historically Black universities that are fighting for their existence due to declines in enrollment and funding and administrative problems. Individuals at each institution discuss the current crises and outlook for…