This paper presents findings from the inaugural Retirement Confidence Survey of College and University Faculty, which was conducted by the Employee Benefit Research Institute (EBRI), Mathew Greenwald amp; Associates, Inc. (MGA), and the TIAA-CREF Institute, and underwritten by TIAA-CREF, to...

Higher education functions in a global environment of consumers, employees, competitors, and partners. It has been a force for globalization and a model for adaptation, but nonetheless faces challenges. This volume of essays examines emerging issues and opportunities for advancing education...

Twenty percent of individuals employed full-time by U.S. colleges and universities are likely to search for new employment before the end of 2022. The intent to job hunt is most common among employees under age 40, with 12% who will definitely do so in 2022 and 14% who probably will. This is not...

Individual retirement account (IRA) assets continued their strong growth during 1998. As of year-end 1998, IRA assets stood at $2.1 trillion, a 16.8 percent increase from their 1997 level of $1.8 trillion. During the past five years, IRA assets have grown from less than $1 trillion ($990 billion...

This Issue Brief addresses three questions raised by recent trends in personal saving: how are national savings measured and what is the meaning of the trends in measured personal saving rates, given what is included and what is not included in those measures? What is the effect of retirement...

The year 2000 represents the 10th anniversary of the Retirement Confidence Survey (RCS), and the third year for the Minority RCS and Small Employer Retirement Survey (SERS). Key RCS findings over the past 10 years indicate that: the fraction of workers saving for retirement has trended upward,...

This report examines financial well-being and financial literacy, and the relationship between the two, among the full-time higher education workforce.Debt is ubiquitous among college and university employees—82% carry some form of debt, and 51% are debt constrained to some degree. Debt is...

"Increasingly, individuals are in charge of their own financial security and are confronted with ever more complex financial instruments. However, there is evidence that many individuals are not well-equipped to make sound saving decisions. This paper demonstrates widespread financial illiteracy...