In this article, the author discusses the nexus between what educators and a central banker do. At first glance, it might seem as if there is not much commonality. He suggests that what educators do matters to the Fed, and what the Fed does matters to educators, and touches briefly on some of the reasons why. He proposes that as educators and…

Driven by external pressure for increased accountability and internal pressure for improved learning outcomes, colleges across the country have been developing and refining assessment systems for several decades. In some cases, assessment results have significant positive impact. In other cases, the results have little impact, are not seen as…

U.S. universities have had century-long success in absorbing existing professions into their curricula--by making academe their gatekeeper. These professions often started with apprenticeships and short training courses leading to a certification examination--and were then elevated and "academized" into a comprehensive body of knowledge, fueled by…

Much has changed over the past generation in the academic acceptance and even appreciation of the role food plays in the world. Students now flock to specialized degree programs in gastronomy, pursue food-oriented tracks at the doctoral level, seek out programs and careers in the hospitality industry, and elect courses on food and wine as a way of…

At Southern Vermont College (SVC) and at the nation's other colleges and universities, Anatomy and Physiology I (A&PI) is the gateway course into healthcare careers. Disturbingly, at SVC and elsewhere, many first-year students interested in healthcare careers do not succeed in this course. They withdraw from the course or the institution, or their…

Community colleges are under increasing pressure today from a number of directions. Student demand is at an all-time high, fueled by demographics, student and employer need for new and increased skills; structural changes in labor markets have pushed the under- or unemployed to community colleges to acquire new job skills; and students who would…

Of the many, many articles written on Harvard University's endowment woes, the author has yet to read one actually sympathetic with Harvard. Perhaps this reflects one's gleeful voyeurism when the high-and-mighty fall, or sense of justice that the reckless should pay for their recklessness, or belief that no university truly needs or deserves such…

The Vermont Community Foundation's (VCF) 2009 report on postsecondary education asserts that college graduates live longer, healthier, more lucrative lives than their peers who did not graduate college. But the report is harsh in its assessment of the readiness of Vermont high school students for college. Vermont's expenditures for high school…

Even before the international financial crisis, the University of Maine System was looking at a $42.8 million projected annual shortfall between revenues and expenses within four years if it continued business as usual. In this article, the author describes the approach used to deal with a rapidly growing structural gap in the finances of the…

Evidence about the role that "soft factors" like student engagement and school environment play in influencing whether high school students go on to enroll in college is hard to come by. Over the past two years, the Center for Labor Market Studies (CLMS) of Northeastern University, with support from the Nellie Mae Education Foundation and the…

Today's fast-paced and Internet-driven society provides a lot of opportunities for innovation in the college financial aid world. As tuition costs continue to rise faster than average incomes, more students are turning to private lenders and other third-party organizations to finance their educations. While the power of online micro-giving has…

The value of a college degree is well documented. College graduates earn at least 60% more than high school graduates. Beyond the economic value, college graduates show higher rates of civic participation, engage in volunteer work and even have a much higher likelihood of being "happy." Students who drop out without attaining a college degree will…

A lot of national attention was paid over the past few months to a situation in Central Falls, Rhode Island, where the superintendent took the action of firing all the high school's teachers. What started off as a small story about a labor dispute between the administration and the teachers' union at the high school catapulted into the national…

One would think that being the nation's only private, urban, two-year technical college might be a source of some notoriety, especially if that institution also traces its history back to a bequest in Benjamin Franklin's will. But even among New England's higher education community, Boston's Benjamin Franklin Institute of Technology (BFIT) is a…

Economic vitality and environmental protection have long been linked in New England, and will be again with efforts to address climate change in the region. There is an emerging body of literature to support the potential economic benefits of a so-called "green economy" in the region and the nation. In New Hampshire, economic studies of both the…