With endowment values shrinking, variable-rate debt costs rising and states cutting their financing, colleges face challenges on multiple fronts, said Molly Corbett Broad, president of the American Council on Education.So at LRRD we're facing not only an overall economic slowdown, but budget cuts at the institutions that buy our products. This is on top of years of declining funding in science education.
Labels: consulting, economy, meltdown, NY Times