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ERIC Number: EJ871273
Record Type: Journal
Publication Date: 2009
Pages: 4
Abstractor: ERIC
Reference Count: 0
ISSN: ISSN-1099-3681
Intellectual Capital in America
Ferguson, Roger, Jr.
Presidency, v12 n2 p22-25 Spr 2009
In the current economic environment, many colleges and universities have had to contend with budget gaps and hiring freezes. They have suspended pay raises and infrastructure projects. Their endowment managers have struggled to support ongoing operations while preserving future purchasing power. That is not easy--even when markets are strong. The economy is also affecting the outlook among students. Amid budget gaps, hiring freezes, and financially discouraged students, the author believes the time is ripe for a renewed investment in higher education. The challenges Americans face today are daunting. But the challenges they face as a society also highlight the need for a renewed investment in intellectual capital. They highlight the need for a renewed commitment to higher education in the United States and around the world. (Contains 16 notes.)
American Council on Education. One Dupont Circle NW, Washington, DC 20036-1193. Tel: 202-939-9452; e-mail:; Web site:
Publication Type: Journal Articles; Opinion Papers
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A