Bleak Economy Has Had Far-Reaching Effects on Higher Education, Panelists Say

The Horatio Alger myth, or the promise that working hard, playing by the rules, and getting a good education will lead to economic success, is fading fast. For proof, look no further than the state of the professoriate, several speakers on a panel said here Monday at the annual meeting of the American Educational Research Association.

After all, faculty members have labored for years to earn their doctorates, but a majority of them now work on a contingent basis, meaning they earn