This is old news nationally, but I can confirm that locally, we're seeing a definite impact of the mortgage meltdown on our candidate pools for national searches. For new faculty, it isn't so bad, since so many new faculty were renting wherever they were before. But for administrative positions, it's getting difficult to get people from outside the area, since they often can't sell their houses, or fear that they can't, or can't get enough for their houses to make the move possible. And community college salaries generally don't come close to making up for lost equity.
Al Ain, United Arab Emirates
Wells College is a nationally recognized private coeducational liberal arts college located in Aurora, New York, on the eastern shore of Cayuga Lake...
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