Financial literacy is a lifelong learning experience, and students are at an important, if often embryonic, stage in the process. Few people have taken that more seriously than LJ Mover & Shaker Lauren Reiter, Business & Economics Librarian, Pennsylvania State University. Believing that universities should support their student’s financial well-being, and after hearing a lot of talk on campus at Penn State University about student debt and the financial illiteracy of college students, she took action. In 2012 she began work on a resource guide.
Between new technological options and the desire to return to handmade and local goods, there are plenty of opportunities for new and small businesses—and plenty to learn. These 25 resources combine the latest and lasting advice for new entrepreneurs.
Cengage Learning announced today that it has emerged from Chapter 11 bankruptcy, having completed its financial restructuring, eliminating approximately $4 billion in funded debt and securing $1.75 billion in exit financing. LJ caught up with Michael Hansen, Chief Executive Officer of Cengage Learning, to find out what this means and what’s next for the company.
Recorded Books, one of the industry leaders in the audiobook market and a major supplier of the audiobooks, ebooks, and other electronic content to libraries has been purchased by the private investment firm Wasserstein & Co., LP. The company was sold by Haights Cross Communications, which has owned it since 1999. Terms of the sale were not disclosed.