States and school districts are facing unprecedented financial pressure due to the continued poor performance of the United States's economy. Dramatic shortfalls in funding due to reduced tax collections were held off for 2 years thanks to federal stimulus funds, but with these revenues already consumed and little likelihood of more in the near…

We examined the effect of career transition support and three other situational variables--financial reserves, social inclusion, and a partner--on the psychological strain of unemployed managers. We extended the theories of unemployment by investigating the mechanisms by which these four situational variables affect psychological strain. After…

The Review of Higher Education Base Funding gives Government an historic opportunity to set higher education funding on a sound footing for the future, and to commit the support needed to achieve its important quality and participation goals. There is a significant funding gap, which has led universities to neglect infrastructure and let class…

In this article, the authors argue that there "is" a real fiscal problem in higher education, but it is not the huge endowment losses--20 to 30 percent--that are attracting so much publicity. Those losses play only a small role in higher education's current financial dilemma, and then only at a comparatively few colleges and universities--but they…

This year was bleak for state higher-education budgets. But college leaders are even more worried about what comes next. The billions of dollars in federal stimulus aid to plug shortfalls in state education budgets have helped limit the damage this year, but the money hasn't prevented all of the cuts to college budgets. Most states are spending…

The Organisation for Economic Cooperation and Development (OECD) Directorate for Education surveyed the impact of the economic recession on education for the first time in June 2009. Responses were received from seventeen OECD member countries, the Flemish Community of Belgian and two Canadian provinces. The results of the survey reflect the…

As Congress began debate last week over the size and scope of more than $120 billion in proposed emergency education aid, state leaders were anxiously awaiting the details so they could make specific plans to spend the economic-stimulus money. Governors, state legislators, and state schools chiefs have yet to learn what rules Congress will attach…

This study probes the influences behind recent trends in State-local finance and attempts to ferret out the dominant influences that will prevail during the remainder of the seventies. It presents projections of State-local finance for fiscal years 1975 and 1980 that indicate general spending and revenues will grow at a pace that will tend to…

Financial patterns at American University, Catholic University, George Washington University, and Georgetown University were investigated. Specific areas of concern include: revenue sources and expenditures, balance sheet formats, financial health, the effect of external factors such as enrollment and inflation, financial performance, ability to…

Recent court decisions have declared that those public school financing systems dependent substantially on local ad valorem (property) taxes violate the equal protection clause of the 14th Amendment. The violation stems from the fact that local school district spending and educational quality are dependent on the values of real property in the…

This review discusses the fiscal difficulties of the City and School District of Philadelphia and describes the projection of expenditures and receipts and the mounting deficits implied by these projections. Three different projections are made to point out alternative fiscal outlooks: a high projection that corresponds to strong economic…

Encouraged by the Federal government, institutions of higher education have entered into agreements with the government to perform basic research in the national interest that also conforms to institutional objectives. For a number of leading institutions, the research mission has become a major function alongside instruction and has provided a…

This report reviews economic factors affecting the universities of Ontario, Canada. In 34 tables and 25 figures it provides comparative data with other Canadian and American institutions over the past 15 years. An executive summary reveals that operating grants from the Ontario government have been declining, and that many universities have been…

Ten chapters that present and evaluate alternative models for State school finance plans and for Federal aid, and school fiscal policy recommendations comprise this document, Volume Five of the NEFP series. Volume One of this series deals with educational needs, Volume Two with economic factors and education, Volume Three with various aspects of…

Eleven articles on various aspects of financial planning for educational services comprise this document, volume three of the NEFP series. Volume one of this series deals with educational needs, volume two with economic factors and education, and volume four with the impact of educational financing programs. The material in this volume describes…