Nov. 16 (Bloomberg) -- David Danielson, U.S. Department of Energy's assistant secretary for energy efficiency and renewable energy, Eric Isaacs, director of Argonne National Laboratory, Shirley Ann Jackson, president of Rensselaer Polytechnic Institute and university vice chair of the Council on Competitiveness, Sean McGarvey, president of the Building & Construction Trades Department at the AFL-CIO, and Mayo Shattuck III, executive chairman of Exelon Corp., talk about energy independence and its impact on U.S. competitiveness. They speak at the National Competitiveness Forum in Washington. Mary Jordan of Washington Post Live moderates. (Source: Bloomberg)
“The tightening of financial conditions observed in recent months, if sustained, could slow the pace of improvement in the economy and the labor market.” Federal Reserve Chairman Ben Bernanke, Sept. 18
As much as higher education and corporate America would like to be engaged, college presidents are struggling to reconcile the demands and values of academia with shareholder skepticism about their boardroom commitments.
There have been whispers, or maybe it’s just wishful thinking, that the Federal Reserve might buy more long-term bonds, lowering interest rates and making housing more affordable. (You know that modified mortgage that didn’t work out so well? Have we got a deal for you!)
Strayer Education Inc. , a chain of for-profit colleges that receives three-quarters of its revenue from U.S. taxpayers, paid Chairman and Chief Executive Officer Robert Silberman $41.9 million last year. That’s 26 times the compensation of the highest-paid president of a traditional university.