|
Vice-President Gore has announced that the federal government would
soon sell, for as little as $50, an inflation-busting savings bond that
could help families save for college.
This special security, with earnings pegged to the inflation rate, went on
sale last year in denominations of $1,000 and more. The new bonds will be
priced at $50, $75, $100, $200, $500 $1,000, $5,000, and $10,000.
The Western Governors University has announced that it will begin
cooperative distance learning efforts in the People's Republic of China.
Through an agreement with the China Internet Education Center, the WGU
plans to collaborate on the development and delivery of distance learning
programs, extending the ability of both institutions to reach new student
markets and tap an even broader selection of courses and degree programs.
Other Western Governors University international agreements are with Tokai
University in Japan, the University of British Columbia, the Open University
in the United Kingdom, and the Virtual University of the Monterrey Institute
of Technology in Mexico.
Despite an increasingly tight labor market, fewer small business are
offering health care and retirement benefits.
A survey released by the Dun & Bradstreet Corporation finds that only
39 percent of the 503 small businesses surveyed now offer health care
benefits, down from 46 percent in 1996.
The number providing retirement plans is down even more sharply, 19
percent from 28 percent in 1996.
The numbers seem to defy conventional wisdom that employers are being
forced to offer better perks to attract employees as the unemployment rate
drops to levels not seen since the 1960s.
University of California student employees have voted to authorize
strikes in the fall.
Some 4,221 members of the university's academic student employee
unions---more than twice as many student workers as in any previous strike
authorization---voted by an 87 percent margin to authorize a system-wide
strike in the fall.
Student workers are demanding that the administration recognize their
unions and agree to begin collective bargaining with teaching assistants,
readers, and tutors.
The university administration has spent 14 years and millions of dollars
fighting the unionization effort. But the unions have been winning the
battle.
Recently, the California labor board ruled that teaching associates,
readers, and tutors at one campus are employees and are entitled to
collective bargaining.
Moody's Investors Services predicts that there could be a series of
mergers and acquisitions in academe.
The debt ratings of private liberal-arts colleges have begun to
diverge---with financially strong institutions getting stronger, and weak
institutions facing threats that could make them financially weaker---and
targets for merger.
A U.S. Supreme Court ruling that a public school district cannot be
considered liable for a teacher's sexual harassment of a student will
make it harder for students at all levels of education to hold institutions
responsible for such actions.
By a 5-to-4 vote, the Court ruled that a Texas school district could not
be held liable for damages under Title IX of the Education Amendments of
1972 because school officials were unaware that the harassment was taking
place.
 |