This position article proposes that bankruptcy counseling and education should be tailored so that bankrupts and consumer debtors can attain "solvency literacy," a new construct developed for this initiative. They need to (a) handle their financial affairs "during" the insolvency process while (b) concurrently striving for a…

Among all children under 18 years in the United States, 38 percent live in low-income families and 17 percent--approximately one in five--are poor. This means that children are overrepresented among the nation's poor; they represent 23 percent of the population but comprise 32 percent of all people in poverty. Many more children live in families…

The two campuses that make up the West Valley-Mission Community College District (WVMCCD) in northern California's Santa Clara County share a history typical of many community colleges across the country. Its buildings were constructed in the 1960s and '70s, and like many public structures of that vintage, today they bear the ravages of time--in…

Even as they struggle to climb out of deep financial holes, states are facing lawsuits that contend they do not meet their constitutions' requirements to provide sufficient funding to districts and fail to provide resources for disadvantaged schools and student populations. This article reports on legal battles in Texas, Colorado, and elsewhere…

The tuition increase at the University of Florida--one of 11 public universities in Florida to win the approval of the state's Board of Governors to tack a "tuition differential" of 7 percent onto an 8 percent increase already approved by the state legislature--comes in response to an unprecedented reduction of some $340 million in state…

Libraries have limited budgets and Collection Development Librarians can be faced with difficult decisions in the spending of their allocated funds. This paper discusses how the Tasmanian Polytechnic Launceston Campus Library discovered a gap in their collection and addressed this situation without funding. The Library wished to purchase fiction…

The financial state of the nation's public pension funds--which provide the retirement incomes for all state employees but in most states are dominated by teachers, administrators, and other school employees--has gone from bad to worse, and is projected to continue to worsen in coming decades. A perfect storm of factors has combined in the past…

The difficulties faced by colleges and universities in financing physical education programs are discussed. It is pointed out that the most popular physical activities at the higher education level (such as tennis, golf, scuba diving) require very expensive programs in terms of specialized equipment, transportation, or specialized instruction.…

Annual giving is defined as support for the current operations of a college or university. The annual fund constituency is described (alumni, parents, friends, and, perhaps, corporations and foundations). The case for a strong annual giving program and its relationship to the total development program are discussed. (Author/MLW)

Assesses the financial impact of online services for management and describes the process of financial management of the online search service at Charles River Associates, Inc. The areas of budgeting, pricing, and controlling are examined in the context of a financial management methodology. (CWM)

Examines the growing decline in institutional support for libraries and discusses how libraries can generate revenue to replace it. Highlights include entrepreneurship; fee-based services; the PBS (Public Broadcasting System) model of fund raising; and running a library more like a bookstore, including expanded hours. (LRW)

Mental health counselors can enhance their ability to work with clients concerned about financial matters if they themselves are knowledgeable about such matters by being able to differentiate between clients who should be referred for financial consultation and those who are using "financial matters" to resist discussion of other issues. (JBJ)

Declining state support and insufficient increases in county contributions have created a severe fiscal challenge to Prince George's Community College (PGCC), in Maryland. Total state aid in fiscal year (FY) 1995 was $857,189 less than in FY 1990, while in FY 1994 PGCC also began assuming responsibility for social security payments previously paid…

This document, one in a series developed to provide technical assistance to 22 Long-Term Care Gerontology Centers, is designed to be a financial resource guide. Current major funding sources are detailed, followed by an examination of the issues and problems associated with current financing systems. Programmatic issues associated with Medicare…

Meetings were held in Senegal in 1985, in Cote d'Ivoire in 1986, and in Zimbabwe in 1987, concerning the current state of higher education finance in Africa, the structure of unit costs, and the role of development assistance agencies and other sources of financial support. Reports are presented concerning the macroeconomic perspective, internal…