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“Great Recession”

While you were slumbering at 9 AM this past Saturday, a host of big names descended upon Robertson Hall.

New Jersey U.S. Representatives Holt and Lance, your favorite ECO professors Alan Blinder and Uwe Reinhardt, former Dubya Chief of Staff Josh Bolten, and numerous WWS professors all came together to discuss the challenges facing American policy makers after the Great Recession.

This looks boring, but Reinhardt's lecture was actually hysterical

Christina Romer, the Chair of Obama’s Council of Economic Advisers delivered the keynote address, and former Goldman Sachs CEO and Jersey Governor (and future visiting professor) Jon Corzine capped off the day.

They all emphasized a “return to normal” after the Great Recession, and the opportunities the moment’s created for American policymakers to make the normal we return to even better than it was before.

You can read the full story at the Wilson School website.

Apr 19, 2010

IN PRINT: Return to a “Better Normal” stressed at 2010 WWS Policy Colloquium

By Will Saborio

Posted in In Print Also tagged 2010 Policy Colloquium, new normal, Woodrow Wilson School Leave a comment

Princeton Preview 2010

Remember when you were a high school senior, waiting nervously for that acceptance letter from Princeton? Well, it’s that time of year again. On April 1st (that’s this Thursday), at 5:00 p.m. EST, Ivy League applicants will receive their acceptances and rejections.

So, what are high school students and their parents thinking about this admissions season?

The Princeton Review released its annual College Hopes and Worries Survey on March 24.

With the Great Recession ongoing, the major worry is money.

86% of applicants and their parents said financial aid is “very necessary.”
68% said that the recession has affected their college decisions.
Due to the economy, 51% said they were applying to “more ‘financial aid safety’ schools,” 25% to “schools closer to home” and 24% to colleges “with lower sticker prices.”
39% said their biggest worry was that they “will get into first-choice college, but won’t have sufficient funds/financial aid to attend.”

But if money wasn’t an issue? What would be their dream college? Princeton ranked 4th among students, behind Stanford, Harvard and NYU. Among parents, we did a little better, ranking 2nd only to Stanford.

Mar 27, 2010

Dream colleges and money woes

By Miriam Geronimus

Posted in In the news Also tagged April 1, college admissions, College Hopes and Worries Survey, dream college, Princeton Preview, Princeton Review, Princeton University Leave a comment

New Jersey Supreme Court Justice Stuart Rabner spoke about the effects of the Great Recession on New Jersey’s judicial system in a public talk on March 3. Rabner said that the justice system can help alleviate the suffering of residents, though he added that layoffs make this task trickier.

Rabner, a 1982 graduate of the Woodrow Wilson School, gave the School’s annual John Marshall Harlan ’20 Lecture in Robertson Hall.

Rabner explained that a statewide mandatory mediation program was implemented in response to the staggering increase in the number of contested foreclosure cases. In the past year, the number of foreclosure cases has tripled with nearly five thousand cases being filed per month, he said. Now, judges require a mediation session before a foreclosure case can come to court.

“The goal is to get borrowers and lenders to sit together at a table to try to work through the problem that exists in their contractual relationship and see if we can stave off foreclosures,” Rabner said. “The role of the court system is to ensure that there is a neutral forum where individual rights of both sides are respected and protected.”

Read the entire story here.

Mar 10, 2010

IN PRINT: NJ Supreme Court Justice on The Great Recession

By Miriam Geronimus

Posted in In Print Also tagged NJ Supreme Court, Stuart Rabner, Woodrow Wilson School Leave a comment