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Universities and financial crisis

The Bank of Canada has declared that the recession is over. While the numerical indicators (small growth predicted) may support this assertion, reality will tell a different story for many people and institutions. Universities, for example, are only now beginning to feel the impact. University of California is starting with deep cuts. Canadian universities are facing cuts as well. Few universities, however, face the difficulties of Harvard. Hard Times at Harvard provides a rather depressing glimpse into university systems that have lost focus and direction. When businesses fail, the families of those previously employed are impacted. When society’s institutions fail – health care, education – all of society suffers.

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  1. [...] begin to experience their financial difficulties. Indeed in a blog post entitled “Universities and financial crisis” the elearningspace blog reports [...]