Gumdrops: Economic downturn U

A miscellany of post-secondary news from across the web
Student financial aid at risk. University endowment fund losses are putting the squeeze on student financial aid budgets at institutions across the country.

Perilous academic job market. Just a few months ago, Canadian universities were predicting a hot job market for professors in Canada. It now looks like the projected robust academic job market will be largely forestalled by university budget cuts and hiring freezes.

U.S. sees nationwide growth in R.A. applications. With the promise of free room and board, resident assistant/adviser jobs have become much sought after positions for students at many U.S. universities.

Wales drops universal student grant. The Welsh government has announced that it is phasing out a £1,940 universal student grant in favour of means-tested financial assistance that targets students from lower income backgrounds.