The American Recovery and Reinvestment Act (ARRA) was signed into law by President Obama on Tuesday, February 17, 2009. It is the broadest and largest funding package in American history. The intent of the statute is to stimulate the economy both through direct spending on a range of programs and to create tax relief. Key to the stimulus is the…

In this timely book, financial consultant and experienced college administrator Mike Townsley examines the financial and strategic resources that private colleges and universities must have in place to withstand the storm. Small college presidents, CFOs, planners, chief academic officers, and board members all have a hand on the tiller and will…

Unions and their membership are listening and yielding to economic realities. This article examines the process of concession bargaining and its likely outcomes. The process includes establishing the rationale for reopening the current agreement, timing, special proposals, unions' concerns, and areas for mutual agreement. (Author/MLF)

Discusses why volatile markets and new donor expectations make now a good time to rework payout rates and gift agreements to bolster financial and strategic performance. Suggests seven options for action. (EV)

Discusses cautions for educators, microcomputers in the curriculum, matching children and the curriculum, the role of play, economic issues, teacher education, administrative uses of microcomputers, and future ideas. (BJD)

Concessions or "give-backs" by unions highlighted three major bargaining agreements, covering nearly one million workers, concluded in the first months of 1982. The bargaining agreements reveal union willingness to make major pay concessions. (Author/MLF)

Marketing higher education has been criticized for its consumer (interpreted as student) orientation. An alternative concept, situational marketing, considers the student as one of a number of environmental forces on which the marketing mix focuses. Other forces include funding and regulatory agencies, businesses, alumni, faculty, parents, the…

Suggests that college governing board investment committees should respond to the current economic and terrorism-related crisis by using SWOT analysis (strengths, weaknesses, opportunities, threats) to examine factors that can crystallize money-management decision points. (EV)

In college and university fundraising, mergers and initial public offerings can create donor-deadlines windows of opportunity during which prospective donors can make tax-favored major gifts. Development officers need to monitor their prospects' holdings for these deadlines. Categories of donor prospects to consider and indicators to watch are…

Based on an annual endowment study, experts at the National Association of College and University Business Officers (NACUBO) Endowment Forum examine today's uncertain financial picture and discuss the pros and cons of hedge funds, private equity, and fund of funds. (EV)

Stresses the importance of being prepared when implementing a fund-raising program for camps. Discusses the impact of economic climate on philanthropy. Lists essential characteristics to look for when seeking a person to head a camp's fund-raising program and important questions to answer before initiating a fund-raising campaign. (LP)

This book is designed to help teachers connect "The Stock Market Game" (tm) and the school curriculum. Three key economic themes developed in the lessons include: (1) stock buyers engage in economizing behavior; (2) market economies encourage the production of wealth; and (3) market activity takes place in the context of a legal…

Focusing on small, independent businesses, this primer answers questions relating to starting and operating a new firm and how local development organizations can help in the process. The general pattern of the company forming process (displacement, disposition to act, credibility, and availability of resources) is discussed. Success factors for…

To meet demand for increased funding, in a period of probable declining investment returns, colleges and universities must fine-tune their asset suballocations to enhance returns. While the institution should adhere to major asset allocation classes, there can be much flexibility, and enhanced return, in shifting suballocations within the major…

While conventional wisdom says that college and university endowment spending policies must retain the real economic value of their endowments over the long term, senior administrators and trustees should review endowment spending regularly and determine what excess dollars are available for investment in programs, infrastructure, and other high…