Friday, September 09, 2011

Bridgewater College Summit to explore future of economy and education in U.S.

Troubling economic times and what they mean to Americans is the focus of a summit and public forum Sept. 20 in Cole Hall at Bridgewater College.

"An Uncertain Economy: What it Means for the Country, Colleges and You" begins at 7 p.m. and features noted educators and economists presenting their views on employment, inflation, taxes, the national debt, the future of higher education and more. The forum encourages audience participation in the form of questions.

"Living in a tough economy is making itself felt in every facet of Americans' lives," said George Cornelius, president of Bridgewater College. "If we are to thrive under these new economic conditions, it is essential we explore where we're headed and how best to meet the new challenges we face and seize the new opportunities presented."

Cornelius said the summit and public forum will delve into the country's economic future and, in particular, will address the impact of the economy on families and colleges and universities. Issues to be examined include the impact on family income and wealth; projected inflation rates; the impact of national, state and local governmental debt and unfunded future obligations; the impact of high household debt and lower home equity values; and access and affordability concerns surrounding higher education.

Cornelius said the summit also seeks to provide higher-education strategic planners with a reliable framework for moving forward in a time of economic uncertainty. The summit's panelists are David W. Breneman, the Newton and Rita Meyers Professor in Economics of Education at the University of Virginia's Curry School of Education; J. Alfred Broaddus Jr., a former president of the Federal Reserve Bank of Richmond and current member of the Economic Advisory Panel of the Federal Reserve Bank of New York; Christine Chmura, president and chief economist for Chmura Economics & Analytics; and Dennis Gephardt, vice president of higher ed/not-for-profit ratings at Moody's Investors Service.

Source: 9/9/2011 Newsline