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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.
Wednesday, August 06, 2014
BY LINDA BAKER | OB EDITOR
Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.
Thursday, August 28, 2014
OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
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.
Tuesday, August 19, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.