Worldwide woes in the financial markets have some college students seeing new opportunities, such as pursuing careers in market regulation rather than investment banking, a popular field in the past...
The credit crisis tying global financing systems into knots has left hundreds of colleges scrambling for cash to pay their bills and to cover the spiking interest on their debts. While it is still unclear to what extent the federal government's new $700-billion bailout package will help unwind the credit tangle, the crisis has exposed weaknesses in policies and management that left some institutions more vulnerable than they should have been. A few have already halted construction projects in midstream because of the higher cost of borrowing. Others are considering faculty or pay cuts... (paid subscription required)
"Falling behind," Inside Higher Ed, Oct. 9.
The latest generation of adults in the United States may be the first since World War II, and possibly before that, not to attain higher levels of education than the previous generations. While white and Asian American young people are outpacing previous generations, the gaps for other minority groups are large enough that the current generation is, on average, heading toward being less educated than its predecessor. These data are among the most dramatic in "Minorities in Higher Education 2008," which is being released today by the American Council on Education as the 23rd annual status report on the diversification of American colleges and universities...
...Community colleges and universities frequently clash over state funds, the value of their graduates, and who better serves the market. Now, in a growing trend, some states are realigning their two- and four-year nursing programs to encourage more collaboration and fewer obstacles toward earning an advanced degree...