The response to the ongoing international crisis is a holistic response due to the multiple effects impacting on the various segments of societies around the world. Since 1945, the world has to perform again, a new leap in terms of development process based on the pressing need for socio-economic reconstruction. The level of globalisation and…

In common with the United States, Europe is currently experiencing a serious economic recession. The crisis, which started in the financial sector, is now rippling out and affecting heavily other economic sectors: construction, property, retailing, manufacturing, etc. The arguable cause of the crisis was a failure of management in financial…

Times are very tough. The great majority of colleges are looking at 2009 and 2010 and beyond, in anticipation of the deepest budget cuts in more than a generation. But as bad as the financial situation may be, colleges can survive if they take swift and strong emergency action. It is time for some straight talk, starting with the realization that…

Many low-income families struggle with stable housing and frequently have to move due to foreclosures, rent increases, or other financial setbacks. Children in these families can experience lasting negative effects, especially those who are young and still developing basic learning and social skills. A joint NRC-IOM committee held a workshop in…

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…

Since independence, the Kenyan government has demonstrated its commitment to the provision of quality secondary school education through allocation of financial resources, provision of trained teachers and establishment of quality assurance department. However, despite the substantial allocation of resources, secondary schools still face major…

The National Center for Education Statistics reports that single mother college students are nearly three times as likely to drop out of college during their first year of study compared to single females without children. Qualitative studies on single mothers indicate that financial problems and demands of parenthood are reasons that precipitate…

Financial experts everywhere agree that the economy appears headed toward a recession. The question is how long it will last and how deep it will be. The last recession, in 2001, lasted less than a year. Most sectors, including higher education, shrugged it off. During lengthier downturns, colleges have often benefited from increased enrollments.…

Recent turbulence in the student-loan business has colleges scrambling to find new loan providers. Financial-aid offices at affected colleges are working hard to get the word out to students. Changes in the loan market have hit community colleges particularly hard because their students tend to have smaller loans and higher default rates than…

Dramatic reductions in the dollars available for public education require a new and systemic approach to balancing school district budgets. This manual provides numerous examples of successful budget reduction strategies based on a six-step process that has demonstrated its effectiveness in small, medium, and large school districts. Supported by…

Recent research on education and Latina/o immigrants has indicated an escalating crisis, but few studies have focused on why so few immigrant students participate in higher education, or why many leave college before receiving degrees. Past research has been largely quantitative or theoretical, and offered little qualitative insight into the…

National statistics indicate that approximately 50 percent of all graduate students fail to complete their degree; thus, understanding the factors that influence their persistence is an important research objective. Using data from a nationally representative sample of bachelor's degree recipients, the study aimed to answer three questions: What…

Donors give art collections worth millions of dollars to colleges, mostly to be displayed in their art museums. But some financially strapped colleges have started looking at the art as a way of escaping their financial woes. Fisk University expects to make $16-million from the sale of two paintings, one by Georgia O'Keeffe and another by Marsden…

What Financial future awaits the current generation of children and teenagers in the United States? Our children and teenagers did not cause the financial problems that confront the nation and impacts their families, but they will pay part of the price for these financial problems. What should children and teenagers know about personal finance?…

This article from Ashland University reports on what one university, well known for its Teacher Education programs, is doing in an economically depressed state to address our country's financial crisis. Ohio has mandated that financial literacy be taught in high schools by 2010. Reported herein is what is being done to prepare teachers for this…