Tagged with recession

The Job Market Recovery that Never Came

Six years ago this month, Lehman Brothers filed for bankruptcy, inaugurating a global recession that decimated nearly every sector of the economy, including higher education. The “recovery” that began in 2009 has been illusory and often used to deny people benefits and pay under the pretext of “hard times.” Full-time teaching jobs became part-time, income … Continue reading

College Grads May Be Stuck in Low-Skill Jobs

The recession left millions of college-educated Americans working in coffee shops and retail stores. Now, new research suggests their job prospects may not improve much when the economy rebounds. Underemployment—skilled workers doing jobs that don’t require their level of education—has been one of the hallmarks of the slow recovery. By some measures, nearly half of … Continue reading

How the Recession Has Hit College Students Seeking Jobs on the Side

Just as the Great Recession prompted an enormous inflow of students into higher education, the economic downturn also dealt a blow to their ability to defray their expenses by holding a job on the side. According to a working paper published today by the National Bureau of Economic Research, traditional-age college students were putting in an average … Continue reading

New Report Looks at Impact of Recession on College-Going

Despite the recession from December 2007 to June 2009, college enrollment increased, and more students were drawn to community colleges, according to a new report. The South experienced the greatest boost among high school students going to college, and even private colleges weren’t hit particularly hard, with enrollment remaining steady. The report, “National Postsecondary Enrollment Trends: … Continue reading

Districts Report Bad News on Finances

School districts are facing a grim financial future, and the situation won’t get better any time soon, according to a survey of more than 400 districts conducted by the Washington-based Center on Education Policy. The American Recovery and Reinvestment Act pushed off the inevitable for many districts, but those funds are disappearing, while state and local revenue … Continue reading