The purpose of this study was to evaluate ExxonMobil's social responsibility/social responsiveness (SR) communication to determine the company's social responsibility messaging in terms of the Social Responsibility themes of the Triple bottom Line Model (profit, people, planet) and to evaluate if the messaging changed in response to external…

Small mid-tier private schools tend to have modest endowments, and after decades of tuition hikes comparable to those of their elite peers, they are now at high risk of pricing themselves out of the market. The fiscal crisis of small private colleges will play out differently across the nation. States vary in their demographic projections and the…

During the years of the Obama administration some for-profit colleges chose to close due to financial difficulties, while many others opted for another alternative; the teach-out. Teach-outs involve a college ceasing operations over time and most often allowing currently attending students to complete their degree within a certain time-frame. The…

The spring 2018 teacher strikes or walkouts in West Virginia, Kentucky, Oklahoma, Colorado, Arizona, and North Carolina brought heightened attention to teacher compensation. Similar walk-outs, sick-outs, or strikes occurred early 2019 in Denver, Los Angeles, and Oakland, as well as West Virginia and Kentucky. In all of these actions, teachers were…

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.…

Issues regarding the steadily rising cost of college education, especially among disadvantaged college students, have gained enormous attention among scholars due to the recent global financial crisis. This has led government and colleges to outline financial literacy empowerment initiatives. With an emphasis on financial literacy and education,…

In Latin America the development of early childhood education has been uneven and mixed. In some countries, the public education system includes kindergartens (for 4 to 6 year olds), early childhood schools (for children from birth to 5/6), nurseries (from birth to 3) schools and/or playschools. Working days vary in length, with daytime and…

In this paper, we draw on previous conceptual work and theories pertaining to historical waves of reform, in order to reflect upon and locate the recent and current changes in the UK Higher Education (HE) landscape. Moreover, we consider the potentially catastrophic outcomes and consequences facing some HE institutions, and the sector as a whole,…

In the decade since the global financial crisis, an increasing number of jurisdictions have added mandatory financial literacy education to school curricula. Governments recognize that this increases the burden on teachers, who may also lack the confidence to teach financial literacy. One response is to encourage the use of resources produced or…

We develop a new measure of relative debt transparency by comparing the amount of state debt reported in the annual Census survey and the amount reported in the statistical section of the state Comprehensive Annual Financial Report (CAFR). GASB 44 requires states to start reporting their total debt in the CAFR statistical section in FY 2006.…

The objective of the paper is to identify whether the global financial crisis in 2008 re-shaped risk management in the English universities in order to avoid future financial turbulence and manage risk in uncertain and insecure environments. The paper examined changes in the risk management mechanism of the English university system between 2008…

Between the 2008-09 and 2016-17 school years, over 300 degree-granting higher education institutions in the United States have closed their doors. An overwhelming majority of these recently closed institutions are for-profit colleges, which often serve a population of disproportionately low-income students receiving Pell Grants and federal loans.…

This case provides a summary of a situation in which a newly appointed superintendent and his new chief financial officer of a midsized urban school district uncover a massive set of fiscal problems which had been previously hidden from the Board and most other stakeholders. How do the district's top leaders make decisions about how to address the…

This teaching note outlines an innovative simulation game realized in response to post-pandemic experiential learning needs. The game introduces a fictional African country experiencing a series of political and financial shocks. Students are assigned membership in social groups and must implement the national policies that would improve outcomes…

Background/Context: During downturns in state higher education support, state student aid becomes especially important for affordability because colleges react by increasing tuition, and other aid sources may not fully respond. From a policy perspective, states might be expected to protect aid support in response to fiscal stringency, yet this key…