Many States Are Feeling the Economic Crunch
Two recent reports show that many states are facing declines in revenue and budget shortfalls, a scenario that will likely have an adverse on impact state colleges and universities. State tax collections are at their weakest in five years, according to a report by the State University of New York’s Nelson A. Rockefeller Institute of Government.
“The Fiscal Survey of the States,” a report released by the National Governors Association and the National Association of State Budget Officers, found that overall growth in state spending had slowed significantly across the nation and that an increasing number of states faced revenue shortfalls.
See the Rockefeller Institute report here: http://www.rockinst.org/WorkArea/showcontent.aspx?id=15100
See the NGA and NASBO report here: http://www.nga.org/Files/pdf/FSS0806.PDF
President Bush Signs New GI Bill
The new GI Bill would provide up to the cost of in-state tuition at the most expensive public college in a veteran’s state, a monthly housing stipend based on a college’s location, and an extra $1,000 annually for book, for people who serve in the military for at least three years. It is aimed at replicating the benefits awarded veterans of World War II and more than doubles the value of the benefit - from $40,000 today to $90,000. The bill also allows veterans to transfer their benefits to their spouse or a child.
See the story at http://www.armytimes.com/news/2008/06/military_gibill_signed_063008w/
IIE White Paper Examines Growth Potential for Study Abroad Programs
More than 223,000 U.S. students annually study abroad for academic credit, and there are widespread calls to significantly increase that number in the coming decade. The Institute of International Education’s “Exploring Host Country Capacity for Increasing U.S. Study Abroad” explores the challenge of substantially expanding the numbers and destinations of U.S. students studying overseas. The greatest room to absorb more U.S. students appears to be in longer-term study abroad programs that last either a full academic year or at least one academic session, and in degree study. Exchange agreements and joint- and dual-degree programs are also large areas of growth.
Read the full report
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Letter From UCEA's Executive Director and CEO
The Changing Study Abroad Experience
Letter From UCEA's President
Commencement
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