ERIC Number: EJ883898
Record Type: Journal
Publication Date: 2009
Reference Count: N/A
The Human Side of Financial Hard Times
Breneman, David W.
Trusteeship, v17 n1 p8-12 Jan-Feb 2009
The current downturn has the potential to be more severe and longer lasting than the recessions of the 1970s, '80s, '90s, and early 2000s. By now, rivers of ink have been spilled documenting the financial and economic crisis afflicting the United States and much of the globe. While numerous articles have examined the impact on higher-education finance of credit and liquidity problems, falling endowment values, and reduced state appropriations, what these economic events mean for students, staff, and faculty has not been traced as thoroughly. Administrators and boards of trustees should find it useful to consider how hard times may influence the behavior of those within higher education in the coming months and possibly years. This article explores the behavioral responses of those who work and study in higher education institutions and how they may shift in new and unexpected directions.
Descriptors: Higher Education, Economic Climate, Student Behavior, Teacher Behavior, Retirement, Labor Market, Graduate Students, Undergraduate Students, Paying for College, Employees, Trustees, Governing Boards, College Administration, College Environment, College Faculty, Administrator Behavior, Behavior Change, Employment Opportunities, Responses, Educational Finance
Association of Governing Boards of Universities and Colleges. 1 Dupont Circle Suite 400, Washington, DC 20036. Tel: 800-356-6317; Tel: 202-296-8400; Fax: 202-223-7053; Web site: http://www.agb.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Authoring Institution: N/A
Identifiers - Location: United States