

“With today’s announcement of Governor Cuomo’s regional economic development awards, communities and regions across the state will receive key funding to support economic growth initiatives. This competition has changed the way Albany approaches economic development in New York and has leveraged the talents of our higher education leaders, recognizing that campuses and our students are true partners with their communities,” said Laura L. Anglin, president of the Commission on Independent Colleges and Universities and a member of the Regional Council Chairman’s Committee. “With the leadership role that higher education played in the process, our colleges and universities are excited about continuing to work with the Governor, the Legislature and the Regional Councils in the days and weeks ahead to build on these collaborations to promote New York State’s economic prosperity.”
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cIcu has office space for lease in Downtown Albany
Available Fall 2011
Two office suites available in a beautiful, historic brownstone across from Lafayette & Academy Parks:
15 Elk Street: 3,137 sq. ft. with private entrance
17 Elk Street: 1,738 sq. ft. on 5th floor with elevator access
Amenities:
• Strategic location, only a short walk to State Capitol, courthouses, and legislative/government buildings
• Parking available in lot adjacent to building
• Utilities and janitorial service included
• Shared conference/boardroom available
• Secure, owner-occupied building with on-site administrator
Ideal for a government, professional service or not-for profit organization
For more information or to schedule a tour, contact:
Jill Keyes, Commission on Independent Colleges and Universities (cIcu) at 518-436-4781 or jill@cicu.org

While no one here is glad to see Kodak go bankrupt, it's hardly the catastrophe many imagine - in part, surprisingly, because of Kodak. The high-skilled workers it let go over the years created a valuable labor pool for start-up companies. It also helps that Rochester has a strong higher-education sector, which has likewise been supported by Kodak. The University of Rochester became a leading research center through gifts from Kodak's founder, George Eastman, who also gave generously to the Rochester Institute of Technology. These universities have an immense impact on the regional economy.

A few weeks ago, I wrote a post about the coming disruption of the higher-ed system and asked if traditional institutions were prepared. A few college leaders gave me suggestions on how they're getting ready, while others trying to disrupt the space told me where they are finding the best opportunities. So what is the low-hanging fruit' Where are colleges most vulnerable' Where are they least at risk' Here are a few clues.

Even before President Obama announced plans last month to push colleges to improve affordability, a number of schools beat him to the punch by lowering tuition and helping students graduate in fewer semesters. These schools - typically small private colleges that lack the cachet of top-tier colleges and compete with less expensive state schools - are bucking the widespread trend of increasing costs. In the last year, a few have cut tuition by as much as 20 percent. Others promise that students will earn their degree in four years or the college will pick up the cost of additional coursework.