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Labi, Aisha – Chronicle of Higher Education, 2012
When the global financial crisis hit in 2008, it looked at first as if many European universities were going to escape the worst. Higher education has long been considered a public right and a taxpayer-financed obligation, and there was optimism that universities, which government leaders hail as drivers of economic growth, would emerge relatively…
Descriptors: Educational Finance, Foreign Countries, Brain Drain, Economic Progress
Labi, Aisha – Chronicle of Higher Education, 2012
As Europe has lurched from one economic crisis to another in recent months, one thing has become clear: Any long-term solution will depend on the willingness of Germany, Europe's largest economy, to shoulder much of the financial burden the debt crisis has created. German taxpayers, known for their thrift, have balked at underwriting what many see…
Descriptors: Foreign Countries, Debt (Financial), Economic Climate, Role of Education