May 1, 2009
In a Time of Crisis, Colleges Ought to Be Making History
It's different this time.
This is not the recession of the early 1990s, not the aftermath of the tech-bubble burst, not the downturn that overtook the American economy and psyche after September 11. The still-unfolding economic crisis is bigger, more fundamental, and for good or ill, transformational for all of society. Yet the reaction in higher education has been, for the most part, strikingly timid.
Sure, there have been budget cuts, layoffs, and other reductions that have
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