"Spectacular error" sounds euphemistic compared to "devastating," "catastrophic," or "meltdown"--terms more commonly summoned to describe the credit crisis and ensuing global economic carnage. Whatever they are labeled, gross miscalculations on Wall Street are having a deleterious effect on college campuses across the country, with many…

With colleges and universities in a difficult transition period, planning must be more flexible. New outlooks and methods are reviewed. For journal availability see HE 509 330. (Author/LBH)

Zero-base budgeting is presented as the functional alternative to the community college funding crisis which may be precipitated by passage in June 1978 of the Jarvis Amendment (Proposition 13) in California. Defined as the management of scarce resources on a cost/benefit basis to achieve pre-determined goals, zero-base budgeting emphasizes…

A National Academy of Sciences conference was held in October, 1981 in Washington, D.C. to provide dialogs with key government officials and to suggest alternatives for wise allocation of limited resources to control damage to the United States' scientific and technological enterprise. Viewpoints and key recommendations are reported. (JN)

The responses of state colleges and universities to substantial reductions in their appropriations are examined in a one-year study that encompasses experience with fiscal stringency in about a dozen states, primarily in five states. Some key concepts such as "retrenchment,""time," and the differences in statewide organizations…

Designed to assist professionals who are confronted with clients in need of financial guidance, this financial counseling manual is presented in seven chapters. Chapter 1 focuses on the helping relationship and discusses counselor attitudes, client characteristics, making contacts, and interviewing. Chapter 2 explains the causes of over-extension…