The National University System was established in 2001 to meet the emerging challenges and demands of education in the 21st century. The System is uniquely aligned to connect a diverse population of students to a network of innovative educational programs that are relevant to their lives, careers, and the marketplace and are delivered in a format that respects competing life priorities.
Roger Showley, SAN DIEGO UNION-TRIBUNE
Friday, March 2, 2012
Kelly Cunningham, National University System
Answer: Yes
The fragile economic recovery can clearly be derailed by rising gas prices. Current increases are eerily reminiscent of last year when anticipated recovery at the time was derailed partly by gas prices spiking from Arab Spring uprisings. The impact usually takes a few months to set into the economy and prices are already higher than a year ago before normal spring and summer hikes. With spending on oil currently accounting for 6.2 percent of consumer expenditures, a tipping point for recession may already be reached. Spending $40 more per week on gasoline leaves that much less available for other spending.
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