CAROL’S SUMMARY:
Universities and colleges are not exempt from the economic woes facing virtually every other industry across the country, yet in higher education the stakes are higher because our students will experience the blunt of the fallout in higher tuition rates and possibly a compromise in the quality of their education. Here are a few questions to consider:
1) How many public research universities can the nation afford?
2) What could be the long-term consequences if our colleges fail to educate students so that they achieve upward mobility?
3) As colleges struggle to stay afloat, how can they harness the power of the students themselves to help solve some of these issues? After all, when students enter the real world of work, they will encounter similar challenges.
ARTICLE
Chronicle of Higher Education
Times are tough, 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.
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