In the News (from The New York Times):“Data Show College Endowments Loss Is Worst Drop Since ’70s” Battered by the markets… the drop found by the reports is the biggest in the value of college and university endowments since the mid-1970s.
In the News (from The New York Times): “Brandeis Says It Plans to Sell Art Collection to Raise Cash” The trustees of Brandeis University voted unanimously on Monday to close the Rose Art Museum and sell its collection to help shore up the university’s finances.
My Comment: The crisis will free the universities of excessive expenses and programs, and of unneeded specializations and specialists, leaving only what is necessary. And the same will happen in the day-to-day lives of all people.
In the News (from France24): “Number of Internet users tops one billion” The global number of Internet users has surpassed one billion. The digital research firm comScore Inc. reported that China had nearly 180 million people going online in December, followed by the United States with 163 million, Japan with 60 million, Germany and Britain with nearly 37 million each and France with 34 million. India was next with 32 million Internet users followed by Russia (29 million), Brazil (28 million), South Korea (27 million), Canada (22 million) and Italy (21 million).
My Comment: Based on this, we have to create a system of global education. This is what the web was created for!