In this article, the author examines the financial crisis on Wall Street which resonates through higher education across the state, and beyond. The economic malaise is taking its toll in places like Rhode Island, where state budget cuts of 17 percent forced colleges to cut class offerings and leave more than 150 positions unfilled. Florida's…

To be at the University of Arizona these days is, in some ways, to be under siege. The flagship university in one of the nation's fastest-growing states may have to eliminate some 600 jobs and merge dozens of programs to deal with two rounds of budget cuts imposed since June. Now the governor is telling the university and other state agencies to…

Universities are watching their state budgets crumble across the country: The University of Arizona has put a freeze on all state-financed hiring, Georgia's 14 technical colleges are being merged into seven, and New York will probably have to shelve a plan to create a $3-billion fund to attract cutting-edge research to the Empire State, which…