The fiscal crisis facing the economy has led to withdrawal of the state from major sectors of the economy including education. With the advent of the liberalized economic policy the private sector has been playing a pivotal role in the economic development. Higher education ceases to be the 'merit good' and the universities are encouraged to…

Colleges, universities, and the communities they serve have always been concerned about students' abilities to pay and the systems of aid to support students' learning. This article reviews the history of aiding student in higher education. Early student- and institutionally-led programs are discussed along with initial philanthropic and…

This year's "Quality Counts" report, the 15th edition of this annual report produced through the joint efforts of the "Education Week" newsroom and the Editorial Projects in Education Research Center, arrives at a time of continued fiscal anxiety and education policy ferment in the wake of what has been widely described as the…

The history of the Social Security system is presented and its economic health is examined in three time frames. The Administration's actions toward the system are detailed along with the American labor movement's actions in this area. (Availability: AFL-CIO, 815 16th St., N.W., Washington, D.C. 20006). (CT)

Senator Collins of Maine plans to fight for proper federal funding of the Rural Education Achievement Program (REAP) that allows rural schools to combine federal funding sources. Collins, and Senator Dianne Feinstein, will soon introduce legislation that will eliminate inequities in the current Social Security law that penalize teachers and other…

As a result of the new tax law, many tax benefits have been reduced or eliminated, creating a number of financial challenges to colleges and universities. Most major sources of revenue are impaired, while some expenditures are likely to increase. Fund-raising methods, operating costs, and tuition payments will change. (MSE)