By late 2008, the United States was in the midst of its most severe economic recession since the 1930s, brought on by a collapse in real estate prices and exacerbated by the failure of many large banks and financial institutions. Heeding calls from economists, Congress and the Obama administration passed a historic law in early 2009 to stimulate…

This report describes the Department of Education's process for estimating costs of the Pell grant program, which provides grants to financially needy students pursuing a postsecondary education. The Department uses a three-step process to develop its Pell grant budget estimate: a computer cost model incorporating over 30 economic indicators, a…

Financial data are presented here for Ontario's twenty universities: Brock, Carleton, Guelph, Lakehead, Laurentian, Algoma, Nipissing, Hearst, McMaster, Oise, Ottawa, Queen's, Ryerson, Toronto, Trent, Waterloo, Western, Wilfrid Laurier, Windsor, and York. Contents include summary tables operating expenses by object of expense and by functional…

Surveyed college counseling service administrators and found that budget cuts have created innovative staffing, progressive changes in focus, and a wider range of counseling activities. Suggests college counselors balance leadership with survival and be willing to make changes consistent with shifting priorities. (JAC)