Using the Stimulus for Lasting Value in Higher Education

Paul E. Lingenfelter calls the federal state stablization fund a "tourniquet not a transfusion" and cautions that institutions need to think strategically about how best to invest in their futures. "The stimulus money is not a cure for fundamental problems. It is money to buy time, manage a short-term crisis, and build a foundation for dealing with the fundamental problems. Part of the stimulus is designed to prevent lasting damage; we should use all of it to create lasting value."