A cash-flow plan allows districts lead time for investing, borrowing, reducing or delaying expenditures, expanding revenue sources, informing the community, and avoiding surprises. Planners should identify type, timing, and amount of revenues and expenditures and then compare revenues and expenditures to determine (and accommodate) shortfalls or…

Presents highlights from the annual endowment study by the National Association of College and University Business Officials (NACUBO), which found that nearly three-quarters of all endowments experienced negative returns in fiscal year 2001. Includes a table ranking surveyed institutions by the market value of their endowment assets. (EV)

Develops a valuation model of educational output based on individual earnings from cross-sectional data; describes the problems associated with defining certain elements of the model and proposes adjustments related thereto; uses model to estimate the value of university education in Spain. (Contains 68 references.) (PKP)

Describes how, for the first time since 1984, the value of college endowments dropped last year. Includes data charts and a listing of endowment fund amounts and the annual change for over 600 universities. (EV)

Discussion of endowment management for colleges and universities focuses on common endowment problems and common investment mistakes. Recommendations for boards of trustees include development or revision of written rules governing the structure of the investment committee; hiring or expanding investment staff and specialized consultants; and…

Uncertainty and irreversibility are central to online learning projects, but have been neglected in the existing educational cost-benefit analysis literature. This paper builds some simple illustrative models of the impact of irreversibility and uncertainty, and shows how different types of cost and demand uncertainty can have substantial impacts…

This article describes the lessons introduced to middle school children in the Washington, D.C., area on the stock market. Students kept eight weeks of records and learned about decimals and place value. (Contains 5 figures.)

This chapter provides some examples and recommendations for expanding the connections between economics and institutional research. (Contains 1 figure.)

Investment in secondary schooling in sub-Saharan Africa has been neglected over the last two decades. Emphasis on universalising primary schooling has shaped national policy and flows of international assistance to favour rapid expansion at the first level of schooling. Though there are many good reasons for this emphasis, this has resulted in…

In a globalized economy, the meaning of the word "community" has changed. No businessperson today can afford to ignore what is happening outside his or her hometown. The same goes for community college executives. No community can generate economic growth without business growth. Businesses need factors of production, such as labor, capital,…

In this article, the authors provide insight into alumni perceptions of Master of Business Administration (MBA) program return on investment (ROI). They sought to assess the relative value of skills, knowledge, and teaching methods in explaining ROI. By developing insight into the drivers of ROI, the real utility of MBA program ingredients can be…

Academic research institutions have long been important economic anchors for New York City. They provide thousands of jobs and serve as a magnet for talented students and faculty, who inject hundreds of millions of dollars into the local economy through federal research grants. Yet, even though New York's concentration of top-fight scientific…

A social constructionist perspective was taken in the current investigation of 5,329 male and female high school students. Gender differences were investigated in financial knowledge, self-efficacy, and behavior after studying a financial planning curriculum. Females gained more knowledge on credit, auto insurance, and investments, although males…

The purpose of this paper is to analyze the impact that computer based information systems (CBIS) could have on U.S. multinational corporations operating in Canada, particularly in the province of Quebec, and the implications for the North American Free Trade Agreement (NAFTA) that went into effect on January 1, 1994. The study focused on how the…

The relationship between investment in education and economic growth in Alberta, Canada, is explored in this paper, which examines the value of education to the individual in terms of rate of employment and salary. Assuming earning differentials to be a measure of the contribution of education to economic growth, the lifetime earnings of high…