FEATURE
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As State Budgets Rebound, Federal Cuts Could Pose Danger
December 14, 2012 | New York Times
After years of budget cuts and sluggish recovery, states expect to see their revenues climb back to prerecession levels this year for the first time since the financial crisis hit. But even as some states hope to restore some of the deep spending cuts they have made, they face a new threat. Washington’s efforts to tame the federal deficit, state officials fear, could end up further whittling away the federal aid that states depend upon and weakening the economy as it slowly mends.
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New York, California Seek Ways to Help Fiscally Fragile Cities
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How Boulder Grew Into a Hub for Start-Ups
December 13, 2012 | New York Times
After selling his Boston start-up in 1995, Brad Feld, then 29, moved to Colorado with his wife, Amy. He didn’t have big career plans, other than to invest his own money in promising businesses, and figured Boulder, a college town 30 miles north of Denver, would be a convenient spot for crisscrossing the country. It was not a bad place to live either. Within a couple of years, Mr. Feld had put down deep roots in his adopted community
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Building a Showcase Campus, Using an I.O.U.
December 14, 2012 | New York Times
Some call it the Edifice Complex. Others have named it the Law of More, or the Taj Mahal syndrome. A decade-long spending binge to build academic buildings, dormitories and recreational facilities — some of them inordinately lavish to attract students — has left colleges and universities saddled with large amounts of debt. Oftentimes, students are stuck picking up the bill.
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