The Milwaukee Area Technical College (MATC) is one of the largest local taxpayer-funded entities in southeastern Wisconsin, ranking fourth in assets and budget behind Milwaukee County, the Milwaukee Public Schools, and the City of Milwaukee. The college's fiscal operations are complex and draw on multiple revenue sources, including nearly $150…

Congress charged the Advisory Committee in the "Higher Education Opportunity Act of 2008" with monitoring and reporting on the condition of college access and persistence for low- and moderate-income students. The law requires provision of analyses and policy recommendations regarding the adequacy of grant aid from all sources--federal, state, and…

Throughout their history many black colleges, also referred to as Historically Black Colleges and Universities (HBCUs), have struggled to maintain financial footing. This paper explores the history of alumni involvement in HBCUs and highlights their importance for future success.

This article reports that as students flock to public two-year and four-year colleges amid an ailing economy, they find the colleges struggling with financial problems of their own. Midyear budget cuts are forcing many institutions to lay off faculty members, cut course sections, and freeze enrollment. Rising unemployment, slumping values of…

Public higher education's changing financial environment is well documented. Facing shrinking budgets, competing priorities, public resistance to increasing state levies, and prohibitions on deficit spending, state legislators more and more often find themselves in the unenviable position of debating the relative essentiality of state services,…

In this timely book, financial consultant and experienced college administrator Mike Townsley examines the financial and strategic resources that private colleges and universities must have in place to withstand the storm. Small college presidents, CFOs, planners, chief academic officers, and board members all have a hand on the tiller and will…

The context in which boards are making endowment spending decisions has changed remarkably in the past year. In January 2008, Senators Max Baucus and Charles Grassley, chair and ranking minority member, respectively, of the Senate Finance Committee, cited "explosive college endowment growth" as evidence that college and university boards should…

Children with autism are likely to have unmet health care needs and live in families that have financial problems. Preschoolers with attention deficit hyperactivity disorder receive 2 to 4 times in health services than those without the disease. Cost effective treatments for childhood and adolescent depression are also discussed.

The Los Angeles Unified School District stands to receive an estimated $566 million in extra Title I and special education money--plus an undetermined amount of state stabilization money--from the federal stimulus package. This article reports that officials in hard-hit states like California are breathing a little easier now that they can use…

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…

The plight of the playwright, torn between his desire to be fulfilled as a writer and his need to succeed at the box office, is described. It is speculated that Broadway may be losing its claim as the center of American theater. (CK)

New Jersey's continued commitment to preschool is in line with a growing body of research that shows an investment in such programs produces both short-term and long-term gains for children, their families and their communities. In fact, a series of studies from the National Institute for Early Education Research (NIEER) in 2007 and 2009 found…

This paper provides initial reflections on the impact of the economic crisis on education across the Organisation for Economic Cooperation and Development (OECD) area by analysing the OECD educationtoday crisis survey responses of June 2009. It first looks at the impact of the crisis on education demand and participation, after which the focus…

State governments are in the midst of one of the most severe fiscal crises of the last half century. The magnitude of the fiscal challenges facing state and local governments highlights the importance of sound fiscal planning and access to key financial indicators. The objective of this article is to develop a financial condition indicator system…

"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…