A weak stock market has resulted in lowered returns on college endowment investments. Many institutions had funds tied up in American stocks and bonds, which performed poorly. Although most institutions say their endowed programs or scholarships are not adversely affected, some programs are being reduced or eliminated as a result. (MSE)

The history of and issues in Oregon's retrenchment in higher education (resulting from voter-imposed taxing restrictions) are chronicled. Changes made at Portland State University are used to illustrate the program review and termination process occurring statewide. The higher education community's response, faculty and staff morale, and…

Planning issues for colleges seeking to maintain quality in institutional programs in the face of retrenchment are analyzed, based on a literature review. An extensive bibliography on the following topics is provided: quality (ratings, rankings, reform, institutional goals, and educational outcomes); retrenchment (enrollment decline, faculty,…