March 6, 2009

Responding to Economic Catastrophe, Iceland Looks to Its Universities

By COLIN WOODARD

The collapse of Iceland's banking system has savaged its currency, shattered its stock market, increased unemployment tenfold, and brought down its government, all during the past four months. Meanwhile, one sector of the economy is growing smartly: higher education.

At the state-financed University of Iceland, by far the largest of the nation's seven universities and colleges, nearly five times as many new students were admitted this term as in the previous year, raising overall

Print Subscription

Digital Subscription

Already have an account? Log In Now.