Short-term appointments in the academic workforce account for roughly two thirds of all faculty positions. Yet little is known about this segment’s financial needs, experiences and professional stability.
With rising tuition costs under scrutiny, colleges are minimizing annual tuition increases while boosting financial aid packages, straining an already fragile business model.
America’s private nonprofit colleges and universities are facing serious financial and demographic challenges. How they respond can affect students for years to come.
The number of older Americans has risen dramatically in recent decades, and they are taking increasing responsibility for managing their accumulated wealth.
The 2021 TIAA Institute-GFLEC Personal Finance Index
COVID-19 has underlined the importance of possessing financial knowledge and skills—and having a financial cushion to weather the unexpected.
As colleges and universities search for viable paths to continue operating in the face of COVID-19, higher education employees have been affected in many ways, including financial.
Since the onset of COVID-19, 22% of the full-time higher education workforce have become less confident that they will have enough money to live comfortably throughout retirement. At the same time, 9% have become more confident.
Many people have only a vague notion of the concept of longevity risk, which in turn implies they are likely to save too little for retirement and have a low demand for longevity insurance products.
What makes a market for annuity contracts successful, and what are the key demand and supply constraints that affect the performance of such a market?