Over the next decade, Baby Boomers will be reaching retirement age in large numbers and the U.S. will be undergoing one of the most significant demographic shifts in its history. This demographic shift has important implications for the role of higher education as a provider of lifelong learning and for the changing composition of postsecondary…

The Maryland State Department of Education (MSDE), in conjunction with local school systems (LSS) and institutions of higher education (IHE), has conducted an annual educator supply and demand study since 1986, the original purpose of which was to determine critical teacher shortage areas. Although data are collected annually, since 2008 the…

This report documents differences in the earnings and employment patterns of U.S. adults with different levels of education. It also compares health-related behaviors, reliance on public assistance programs, civic participation, and indicators of the well-being of the next generation. In addition to reporting median earnings by education level,…

Purpose: The aging of the professoriate may be the most important issue in higher education today. When faculty members will choose to retire and how effectively they are replaced is a crucial problem for many institutions. Yet very little data are available on faculty retirement timing. The purpose of this study was to test life-span trajectory…

The purpose of this study was to understand the impact of faculty-to-faculty mentoring programs on the experiences of both mentors and first-year instructor proteges in Career and Technical Education (CTE) programs with an emphasis on practitioner-educators in nursing and in welding-fabrication. The study was undertaken for four reasons: (a)…

"The graying of the professoriat," a catchphrase that refers to the increase in the number of full-time faculty working beyond the traditional retirement age of 65, is sparking concern in colleges and universities. The trend is affecting four- and two-year schools and raising questions about the teaching effectiveness, productivity, and vitality…

This article shares a reframing of lifelong learning beyond a formal career. Like many of his peers, after 40 years in postsecondary education, the author has moved beyond his most recent full-time work teaching in an adult education graduate program to emeritus faculty status. In this article, he shares his experience moving into the next phase…

"Science and Engineering Indicators" (SEI) is first and foremost a volume of record comprising high-quality quantitative data on the U.S. and international science and engineering enterprise. SEI includes an overview and seven chapters that follow a generally consistent pattern. The chapter titles are as follows: (1) Elementary and…

This issue of "Legislative Review" takes a look at the news in higher education from February 14 to 18, 2011. This Legislative Review reports that: (1) HB 1003, the University System budget bill, was amended by House Appropriations, Education and Environment Division, February 17 and approved as amended by the full House Appropriations…

The time value of money (TVM) is required knowledge for all business students. It is traditionally taught in finance and accounting classes for use in various applications in the business curriculum. These concepts are also very useful in real life situations such as calculating the amount to save for retirement. This paper details a retirement…

The present study explores the influence of the early retirement process on adjustment to early retirement, taking into account the roles of individual characteristics and social context in this process. We proposed a systematic model integrating perceived ability to continue working, organizational pressures toward early retirement and group…

This instructional tool draws a linkage between the journal entries required to record the activity of a defined benefit pension plan and the disclosures required under authoritative guidance. The quarterly and year-end adjusting entries are presented and linked to the financial statements and supplemental financial disclosures. These entries…

In 2002, during yet another budget crisis produced in large measure by the state's tax-cutting mania, Massachusetts proposed a massive cut in the university's budget. Through an early retirement incentive, the state wanted to reduce the faculty by 10 percent. No one was prepared to fight back. Despite UMass Amherst's long history of activism, and…

This paper discusses and illustrates the use of dynamic Excel presentations to improve learning in Financial Management courses. Through the use of such presentations, multiple and varied examples of important principles in Financial Management, which would ordinarily take an excessive amount of time to cover, can be considered within the time…

Over the past decade, policymakers and business leaders across New England have been concerned that the region's slower population growth and loss of residents to other parts of the country will lead to a shortage of skilled labor--particularly when the baby boom generation retires. Prior to the Great Recession, the concern was that an inadequate…