How are teacher pension benefits funded? Under traditional plans, the full cost of career teachers' benefits far exceeds the contributions designated for them. The gap between the two has three pieces, which may (with some license) be mnemonically tagged the three R's of pension funding: "redistribution," "return," and…

The basic currency of higher education--the credit hour--represents the root of many problems plaguing America's higher education system: the practice of measuring time rather than learning. "Cracking the Credit Hour" traces the history of this time-based unit, from the days of Andrew Carnegie to recent federal efforts to define a credit…

This study examines the age distribution of faculty retirements at 101 colleges and universities offering at least the baccalaureate degree, representing 35,000 faculty. It examines both historical retirement patterns and distributions of faculty by age and discipline. The study also examines data from a survey of 518 retired faculty members…

In the coming decade, three major developments will become important factors for change in vocational education. These are changes in the demographic profile and retirement practices, regional shifts in economic activity and in employment, and renewal of the industrial sector as a key ingredient in economic growth. Because of inflation, greater…

The aging of New York State's population poses both a challenge and an opportunity for the major institutions of society. The challenge facing educators is to develop a comprehensive strategy to mobilize the capacity of the educational system to address the multiple needs of an aging population in the context of existing social and economic…