For 20 years, Southern Illinois University's student numbers have languished, proving so vexing it cost a top administrator his job in 2006. Much of the problem, the chancellor contends, is that would-be students from Illinois bolted to other states on the promise of sweet tuition deals. Now, the university is fighting back: This fall, it will begin offering in-state tuition to first-year students from neighboring Missouri, Kentucky and Indiana. Across the country, a bidding war of sorts has developed over prospective students seeking bargains in a bad economy. While some universities have long tried to lure students across state lines with lower tuitions, such incentives are gaining popularity as the nation's financial meltdown has withered families' college savings and home equity to help pay soaring education costs...
For one group of workers, the recession hasn’t hit quite so hard. Their unemployment rate was nearly half the overall workforce in December. When they do lose jobs, they tend to find work more quickly than others. Their wages are higher, and they typically have enough savings to survive between jobs. Yes, it still pays to get a college degree. Despite recent high-profile layoffs of bankers, accountants and other highly educated workers, college graduates are faring much better than the labor force as a whole...
The worldwide economic crisis is creating unprecedented challenges for fund raisers, but the new philanthropic landscape could also yield unexpected opportunities for higher-education institutions, university leaders from around the world were told at a three-day meeting here last week... (paid subscription required)
...The urge to encourage greater access and affordability by curbing tuitions misses the mark because rising tuition rates are the effects — not the causes — of the college funding problem. In tough times like these, the tragic flaw in policies to “make college affordable” is that they tend to focus disproportionately on reducing tuition rates rather than increasing public investments...(Author: Anthony P. Carnevale, research professor and director of the Georgetown University Center on Education and the Workforce)...