In the wake of the financial crisis, trustees of many endowed nonprofit institutions realized that their portfolio was riskier than they thought and their own ability to tolerate loss wasn't as strong as they imagined. What can board and investment committee members do to improve their ability to assess their--and their institution's--capacity for…

After years of painful budget cuts, new revenues will begin to flow to California school districts in 2014. Thanks to the voters' approval of Proposition 30 and the adoption of the Local Control Funding Formula (LCFF), nearly all districts can expect budget increases over the next several years. In this report PACE offers guidance on…

This summary from the "Public Schooling in Southeast Wisconsin: 2013-2014" full report presents the school district performance in a pull-out format. Definitions are provided for the column heading: (1) Total Operations Spending, (2) Property Tax Revenue, (3) Total Enrollment; (4) One-Year Change in Enrollment, (5) Minority Enrollment,…

Educational progress has been moving in the right direction for several years in Alabama. Now, with the implementation of Alabama's own Plan 2020, an even higher level of accountability for students, teachers, administrators, support systems, and schools/school systems, Alabama is poised to experience unprecedented growth. Add to that, the Alabama…

Centenarians are often concerned with outliving their accumulated resources. Yet, research consistently finds that older adults, despite low incomes, are more financially satisfied than younger adults. This "satisfaction paradox" has been attributed to psychological accommodation to poor financial circumstances and lower expectations. As a result,…

This document presents statistics about higher education in Maryland for 2020. The tables in this document are presented according to the following categories: (1) Students; (2) Retention & Graduation; (3) Degrees; (4) Faculty & Staff; (5) Revenues & Expenditures; (6) Tuition & Fees; (7) Financial Aid; (8) Private Career Schools;…

The purpose of this hearing was to shed light on wasteful federal government spending. At a time when the nation faces a historic fiscal crisis, everyone must make a concerted effort to reduce federal spending. A necessary step in this process is to eliminate and streamline federal programs. Now more than ever, it is critical to ensure taxpayer…

The more things change, the more they stay the same. At least that was the case with the latest list of the nation's 100 largest public school districts. Some grew (63), some shrank (37), some climbed or fell a few notches, but when all the 2009-10 enrollment numbers were tallied, the 100 districts on the list were the same as those in 2008-09.…

This research briefly summarizes a series of Ohio Supreme Court litigation known as "DeRolph v. State" and then measures the equality of expenditures among Ohio school districts. "DeRolph v. State" was a high-profile school finance adequacy case. Nevertheless, the high court continuously expressed concern for the financial…

This study assessed the success or failure of plan implementation in Kenya by investigating the extent to which planned estimates for educational projects were actually attained. Using six sets of five-year national development plans, we calculated an implementation ratio for each program showing actual expenditure as a ratio of planned…

This article presents three approaches to estimate the size of the publicly funded institutional marketplace to determine what opportunities exist for local farmers and fishers. First, we found that estimates from national foodservice sales statistics over-estimate local capacity opportunities. Second, analyzing budgets of publicly funded…

In 2012, the School District of Philadelphia closed six schools. In 2013, it closed 24. The closure of 30 schools has occurred amid a financial crisis, headlined by the district's $1.35 billion deficit. School closures are one piece of the district's plan to cut expenditures and close its budget gap. The closures are also intended to make…

As the U.S. continues to embrace a comprehensive plan for economic recovery, this article investigates the validity of the claim that investing in higher education will help restore state economic growth and prosperity. It presents the findings from a study that indicates that the most consistent predictors of state economic growth related to…

This report provides data regarding state-funded expenditures for student financial aid and illustrates the extent of efforts made by the states to assist postsecondary students. Information in this report is based on academic year 2012-13 data from the 44th Annual NASSGAP survey. Highlights include: (1) In the 2012-13 academic year, the states…

Higher education productivity, as measured by academic degrees granted by American colleges and universities, is declining. Since the early 1990s, real expenditures on higher education have grown by more than 25 percent, now amounting to 2.9 percent of US gross domestic product (GDP)--greater than the percentage of GDP spent on higher education in…