Another calendar year is ending without any clear signs that the financial situation is likely to improve for schools and universities across the nation. Four years into this economic drought, education institutions of all sizes from coast to coast have been forced to close facilities, increase class sizes, eliminate programs, postpone building…

Tax bases eroding. Jobs disappearing. Endowments shrinking. Aid evaporating. That's been the story in 2009 for many schools and universities across the nation. Education institutions have had to cope with the worst economic conditions in generations. Yet the product they provide has never been more critical to a society looking to rebound from…