Educational institutions are not immune to the challengesassociated with a troubled economy.

In fact, because they rely on gifts, investments, and state andfederal funding, it may affect them even more. Cost-cuttingmeasures are the new norm.

“It's gone beyond cutting muscle. They are down to the bone,”said Janice M. Abraham, president and chief executive of UnitedEducators, a reciprocal insurer owned by more than 1,160 membercolleges, universities, independent schools, public schooldistricts, public school insurance pools and related organizationsthroughout the United States.

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