Rainy Days in Higher Ed

Often considered vital to the financial health of private colleges and universities, endowments provide necessary income for the yearly budget as well as a safety net of savings for a rainy day – for if, say, the economy falls into a recession. Why, then, are leading academic institutions hoarding their money while slashing faculty, financial aid, and programs?

On Inside Higher Ed, Mission and Money co-authors Burton A. Weisbrod and Evelyn D. Asch give some perspective on the leading universities that are squirreling their savings away.

Obama, Afghanistan, and American History

Writing for the History News Network, William O. Walker, author of “National Security and Core Values in American History” explains why, for the last century, American “security” intellectuals equated defense with the projection of power abroad.