College and university administrators must be able to process large amounts of financial information quickly and be able to communicate information about financial performance to governing boards. Financial ratio analysis provides a framework for administrators to identify financial and operational concerns as well as variances from institutional…

Tuition discounting has been a long-standing practice among colleges and universities. Its roots can be traced to the beginnings of the 1970s, and its use has continued to increase and expand in the decades following. However, despite its widespread use, the research is inconclusive whether tuition discounting has been an effective strategy to…

There is a common belief that economic crisis will lead to a decrease in subjective wellbeing. Previous studies indicate that income is correlated with happiness and unemployment with unhappiness. The relationship between increased income and happiness is well documented while the impact of decreased income has been less explored. The aim of this…

Public elementary and secondary education, a vast, uneven and complex system, is the most significant cost to local government and one of the largest costs to state government in Virginia. Meeting this cost has become even more difficult as the state and nation continue to struggle with the most severe economic downturn since the Great Depression.…

This study focuses on how school districts in Michigan are reacting to budgetary stress brought on by the downturn in the economic climate. It addresses the key factors school districts can implement to increase revenues or decrease expenditures and identifies which of these factors districts choose and the reasons why. This study also analyzes…

With the economic climate growing worse week by week, directors of scholarly organizations are preparing for the likelihood that 2009 will be a grim year for their finances. None report that they face immediate crises, but many say they fear that certain kinds of revenue--from conference attendance, foundation grants, and especially investment…

Economic downturns are sudden and sharp reminders that public universities must shift their reliance on state appropriations to other sources of revenue. The recent economic crisis is another reminder that many sources of revenue must be sought for the continued vitality of public higher education in the United States. The ways and means for…

This year's "Quality Counts" report, the 15th edition of this annual report produced through the joint efforts of the "Education Week" newsroom and the Editorial Projects in Education Research Center, arrives at a time of continued fiscal anxiety and education policy ferment in the wake of what has been widely described as the…

Maintaining an outstanding system of higher education requires investments in the faculty members who cultivate the human capital upon which our economy's recovery and future growth will depend. Sadly, the record of the last three decades shows that, when measured by the inflation-adjusted salaries paid to college faculty members or by the…

Outlines the magnitude of unemployment and underemployment in Jamaica, offers some explanations of the unemployment problem, and some policy proposals on how it might be combated. (CT)

Although 1985 was a relatively high-income year for agriculture, the farm sector is still under a great deal of financial stress. High direct government payments and increased Commodity Credit Corportion loans improved the cash income of U.S. farmers in 1985. However, the continuing decline in real estate values reduced farmers' asset and equity…