CSUN University News Clippings

How Many Higher-Education Jobs Stimulus Saved Remains Unclear

(November 3, 2009)

By Eric Kelderman

Washington

The federal stimulus package has saved or created 325,000 jobs in public schools and colleges across the country, according to a report released on Monday by the White House’s Office of Management and Budget. But the legislation’s actual impact on higher-education employment is far from concrete.

The $787-billion American Recovery and Reinvestment Act of 2009, passed in February, includes nearly $100-billion in federal aid for education, including increased spending for student grants, Federal Work-Study, and competitive grants in scientific research, as well as more money for low-income and disabled students in public schools. But the largest portion of those dollars, nearly $40-billion in the State Fiscal Stabilization Fund, is meant to shore up state appropriations for education and prevent large layoffs at schools and colleges………

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Publication: The Chronicle of Higher Education