<p>[Colleges</a> Learn to Navigate the Credit Crunch - TIME](<a href=“http://www.time.com/time/magazine/article/0,9171,1865949,00.html?xid=rss-topstories]Colleges”>http://www.time.com/time/magazine/article/0,9171,1865949,00.html?xid=rss-topstories)</p>
<p>“Stanford, for instance, is reducing top administrators’ salaries to help cut as much as 12% from its budget, while Cornell and Brown have stopped hiring. At South Carolina’s Clemson University, all faculty and staff must take an unpaid five-day leave.”</p>