Layoffs and employment changes caused by current economic conditions have significant effects on employee work behavior and emotions as well as organizational outcomes. We examined the relationships between measures of job insecurity, organizational commitment, turnover, absenteeism, and worker performance within a manufacturer in Chapter 11…

To teach money management effectively, an examination of credit use today and a profile of the person in financial trouble are needed. If credit patterns and bankruptcy are understood, recommendations can be made about curriculum content for money management. (SK)

According to the Pew Research Center, newspaper readership fell 5 percent in just the past year, and advertising revenues are down 23 percent over the past two years. The third quarter of 2008 saw the worst decline in print ad revenue in nearly 40 years, reports the Newspaper Association of America. Several major chains are in bankruptcy, and a…

In most cases, individuals filing for bankruptcy to discharge student loans are those who encountered difficult life circumstances, not middle-class college graduates who refused to pay for their education. Many courts have interpreted the Bankruptcy Code's "undue hardship" provisions too harshly and without compassion. (70 footnotes)…

Following Orange County, California's well-publicized bankruptcy, Willard Intermediate School staff worry about program cuts and a possible state takeover. Voters oppose a sales tax increase to rescue programs. Located in an urban ghetto with a predominantly Hispanic population, the school was overcrowded before the bankruptcy. Future cutbacks…

Discussion of a ruling allowing state agencies to deny new educational loans to students with previous loans discharged in bankruptcy looks at the intent behind the Bankruptcy Code, specifically concerning the nature of educational loans and the "fresh start" policy. Potential conflicts between the state and federal statute is also…

The dominant concept of public education at present can be described as a "service delivery" model. The public wants its children educated, delegates the job to a government agency (the schools), and holds that agency responsible for the delivery of educational services. The problems in public education, however, will not be solved by…

Argues that compensatory education has failed because it concentrates on the student's failure to learn rather than the school's failure to instruct and provide experiences that make him ready to learn. (JM)

The means by which students can discharge loan obligations through bankruptcy are reviewed, and issues and procedures for the institution-creditor to consider are presented. (MSE)

Intergenerational living has become common. Single adults move back into the family home, due to finances or perhaps the need for child care. A 24-hour workforce, from nurses to grocery clerks to military deployment has turned "day"care needs into both "night and day" care crises. Unemployment, lack of health care or home foreclosures, as well as…

Unless legislative or judicial action is taken, the current high volume of student loans will likely encourage frequent utilization of Chapter 13 of the Bankruptcy Reform Act of 1978 for unintended purposes. (Author/IRT)

According to Senator Daniel Akaka, sponsor of the 2004 Credit Card Minimum Payment Warning Act, 45% of college students are in credit card debt, with an average debt of US$ 3,000. Moreover, 150,000 young adults between the ages of 18-24 declared bankruptcy last year. In this article, the author describes how financial literacy can educate young…

Features of programs that readmit students who have previously failed scholastically are outlined, the potential for success of "forgiven" students is discussed, and considerations in forming policy concerning these students are examined. (MSE)

Proposals for helping districts with severe financial problems range from various forms of privatization to administrative decentralization and boards of local control. An alternative approach to state takeovers employs a state government corporation (similar to the Tennessee Valley Authority) free of political influence, along with site-based…

During the past 10 years, consumers have experienced a substantial growth in credit and an unprecedented increase in the rate of inflation. As increases in credit usage continue to outpace increases in real income and as savings rates decline, consumers are increasingly likely to suffer financial problems and are increasingly in need of money…