TIAA-CREF, the financial services company that manages retirement portfolios for professionals in academia and other select fields, avoided the heavy losses other financial firms incurred during last fall's financial meltdown. Thus far, the indicators reflect TIAA-CREF's prudent, disciplined investment strategies. From Sept. 30 to Dec. 31, 2008,…

This paper reviews the recent literature on the production of skills of young persons. The literature features the multiplicity of skills that explain success in a variety of life outcomes. Noncognitive skills play a fundamental role in successful lives. The dynamics of skill formation reveal the interplay of cognitive and noncognitive skills, and…

The first objective of this article is to increase awareness and understanding of individual decision-making biases. The second is to provide FCS professionals with strategies to improve consumer financial decisions. Individual decision biases are presented within the context of a seven-stage decision process. Proactive consumer educators using a…

College endowments have beaten the market so consistently in recent years, it is not surprising that individuals would like to take advantage of that institutional wisdom to invest their own money. Increasingly, many are. A small but growing number of universities are trying to entice donors to invest their trusts alongside college endowments,…

An innovative Math for Liberal Arts course was designed to provide liberal arts students with the life skills necessary to survive in the 21st century. The course emphasizes application driven mathematics. This course has been successful in changing students' perceptions of the usefulness of the course and improving student success rate as well as…

As the college class of 2011 graduates in the aftermath of the Great Recession, some graduates are struggling to find a good job--or any job at all. As a result, many are questioning whether the time and expense of college was worth it. The authors try to answer this question by comparing the economic benefits of a college degree to its costs, as…

Although the importance of workplace learning has been recognized in research and practice, there is little empirical support that describes how workplace learning, including both formal and informal learning, is linked to organizational performance. This study investigated the influence of investment in workplace learning on learning outcomes and…

Education is the key to American competitiveness and a strong economy, and continued federal investment in education is needed in order to support improvements in student achievement and put American economy on the path to sustained growth. The United States must continue to invest in education in order to create a system that is more equitable…

The purpose of this paper is to introduce a new and innovative course in the field of Finance, promoting the notion of "hands-on" instruction through the management of real-dollars. This course solely focuses on the management of such a Student Managed Fund (SMF). Employing a seminar setting on the undergraduate level, while using the…

A misplaced obsession with the size of federal budget deficits remains the single biggest obstacle to enacting new measures to create jobs on a scale commensurate with the crisis in the American labor market. Even assuming that budget scoring rules can't be changed, at the very least policy makers should be aware of the true impact a given piece…

While educators have long argued that when local schools are successful, local communities benefit; there's now clear evidence that is the case. A new report, "The Economic Benefits from Halving the Dropout Rate: A Boom to Businesses in the Nation's Largest Metropolitan Areas," released in January by the Alliance for Excellent Education…

This paper presents the keynote speech by Professor Steve Smith, President of Universities UK, delivered at Universities UK Annual Conference last September 2010. In this speech, Professor Smith focused on two sets of issues: firstly, the future of the UK economy and, secondly, the potential pitfalls of the decisions that are shortly to be made by…

Tuscaloosa, Alabama, created a prekindergarten program for at-risk children by bringing together the entire community. With donations and volunteer help, the city managed to fund 19 classrooms serving 275 children.

Managers of university endowment funds are paying closer attention to investing in "green" industries, commonly bundled under the umbrella "cleantech." Cleantech offers the possibility of buying in while prices are low "and" making a "green" investment play, but it also harbors the risks inherent in any emerging industry. Cleantech has varying…

In the past half-century, most countries have emphasized the development of human capital as an instrument for economic growth, sustainable development, and improved global competitiveness. However, limited evidence exists on the link between skills development and a country's competitiveness. This paper examines the contribution and association…