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Financial Forecasts For The Next Decade, Ronald G. Ehrenberg
Financial Forecasts For The Next Decade, Ronald G. Ehrenberg
Ronald G. Ehrenberg
[Excerpt] Harold Hovey pointed out that the outlook for state funding of public higher education institutions during the first decade of the 21st century might not be as rosy as it has been during the last five years. The pictures I have painted of the financial futures for American public and private higher education echo his concerns. If sustained economic growth continues, academic institutions' financial prospects will be somewhat brighter. However, it is clear that the well-being of colleges and universities nationwide depends upon their diversifying their sources of revenues. Through their efforts to do so, the publics will end …
Measuring Financial Literacy Among Students: An Application Of Rasch Analysis, Paola Bongini, Paolo Trivellato, Mariangela Zenga
Measuring Financial Literacy Among Students: An Application Of Rasch Analysis, Paola Bongini, Paolo Trivellato, Mariangela Zenga
Paola Bongini
We examined financial literacy among Italian college students using Rasch analysis. Our findings support the appeal of adopting such technique in measuring financial literacy: the set of information provided is not limited to a crude figure, indicating whether the population has passed or failed the test; on the contrary, it provides useful information on the specific areas where deficiencies are occurring the most and which specific group presents the highest knowledge deficit