Most private sector employees have access to defined contribution retirement plans while public sector employees often may choose defined benefit or defined contribution plans. This research utilized a survey of faculty to analyze retirement plan satisfaction. Advice from a financial planner was positively associated with satisfaction with…

This research examined the decisions of retiring university teachers to continue work after retirement in the same profession or leave for other employment or non-paid activities. The study used a questionnaire to collect data from 231 respondents purposively drawn from 20 Ghanaian public universities. Analyses of the data revealed that most…

This report looks at the education and work outcomes of a national sample of bachelor's degree recipients four years after they earned their degrees. The findings are based on data from the 2016/20 Baccalaureate and Beyond Longitudinal Study (B&B:16/20). B&B:16/20, which took place in 2020, is the second follow-up in a national study of…

Based on in-depth interviews, surveys and autoethnography we explore ways in which staff responded to the COVID-19 pandemic in three Higher Education Institutions (HEIs) based in Kenya (University of Nairobi), Mexico (El Colegio de la Frontera Sur) and the United Kingdom (University of Leeds). HEIs are dependent on staff's resilience and goodwill…

This report provides an overview of the forecast financial health of the HEFCE-funded higher education (HE) sector in England. The analysis covers the financial forecasts for the period 2015-16 to 2018-19, based on information submitted by higher education institutions (HEIs) to HEFCE in July 2016. Financial Reporting Standard (FRS) 102 is the new…

This report provides an overview of the financial health of the Higher Education Funding Council for England (HEFCE) funded higher education sector in England. The analysis covers the financial results for 2015-16. This does not include further education or sixth-form colleges, or alternative providers of higher education.

The Great Recession officially ended in June 2009. However, the labor market has made agonizingly slow progress toward a full recovery, and the slack that remains continues to be devastating for workers of all ages. The weak labor market has been, and continues to be, very tough on young workers. Though the labor market is headed in the right…

This instructional tool presents pension accounting using a worksheet approach where debits equal credits for both the employer and for the plan. Transactions associated with the initiation of the plan through the end of the second year of the plan are presented, including their impact on accumulated other comprehensive income and deferred taxes.…

A growing proportion of the nation's professors are at the same point in their career: still working, but with the end of their careers in sight. Their tendency to remain on the job as long as their work is enjoyable--or, during economic downturns, long enough to make sure they have enough money to live on in retirement--has led the professoriate…

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,…

The purpose of this study was to explore opportunity costs of postsecondary education in the U.S. in the past three decades (1975-2005), as a measure to support investment decisions at national levels and as experienced by individuals deciding on pursuing further education. Based on human capital theory and inspired by a set of studies aiming at…

Delay discounting occurs when an individual prefers a lesser amount of an outcome that is available immediately, rather than waiting for the full amount. The present study was a preliminary investigation into delay discounting in a yet unstudied population, American Indians (AIs). AI college students completed a delay-discounting task that…

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…

Evidence of greater economic stratification brings challenges to higher education's enrollment of low-income students. With a growing proportion of potential college students coming from low-income households, increasing their post-secondary participation rate is vital in developing and growing the pool of educated individuals for the labor force…

The Financial Accounting Standards Board (FASB) recently issued Statement of Financial Accounting Standards No. 158 "Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans" (SFAS #158). Their intent is to comprehensively reconsider the accounting for postretirement benefit plans in phases. The first phase was to provide…