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|Articles - May 2012|
|Monday, April 23, 2012|
The state's business community has long supported public higher education funding, and put its muscle behind recent reform efforts. Business knows that an educated population is critical to the economic health of Oregon.
In this month’s Input, 52% of the 551 business leaders we surveyed in late March said funding for Oregon’s public universities should be a very high or high priority over other services.
Yet Oregon’s financial support for higher education ranks near the bottom nationally and the disinvestment in education continues, while the cost burden shifts to students.
As we show in our By The Numbers on student debt, average student loan debt continues to rise — 7% from 2009 to 2010 for all public and private Oregon higher education students — as does tuition and fees. Oregon students on average now carry about $24,000 in debt.
Oregon was one of 15 states receiving federal stimulus funding for higher education in 2009. Those funds are gone and according to the Grapevine study, conducted by the Illinois State University Center for the Study of Higher Education and the State Higher Education Executive Officers, it leaves many higher education systems “in significantly worse shape” than before the recession.
The study found state appropriations for colleges and students sunk by 7.6% in 2011-12, the largest decline in at least a half century. All but nine states experienced one-year declines from their 2010-11 totals. The 41 states that cut their spending did so by widely varying proportions. In Oregon, that cut was 8%.
Dwindling state support leaves colleges and universities and their students caught between a rock and a hard place: Pay the price for school and take on significant debt, or pay the price of giving up on a college education.
According to a 2012 report by the Pell Institute, Oregon has reduced its investment in higher education by 61.5% since 1980. If the trend continues, state investment will reach zero in 2036.
Is there hope the trend could be reversed by then? Zero investment in the future clearly is not an option.
Friday, May 30, 2014
BY DEBRA RINGOLD | OB GUEST CONTRIBUTOR
Since 1970 the performance of our public education system has steadily deteriorated.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Thursday, June 12, 2014
BY ANDREA DURBIN | OB GUEST BLOGGER
Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
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Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
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