Posts Tagged ‘Downturn’

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Churches Stand to Lose Several Billion Dollars in Economic Downturn

December 2, 2008

church-top.jpgTens of millions of Americans have already suffered substantial financial losses in the wake of the sub-prime mortgage crisis and subsequent financial challenges. A new survey from The Barna Group shows that more than 150 million adults said they have been affected by the economic turbulence, and most of them expect it to take several years before the nation fully recovers. 

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More Christian Colleges Could Close Amidst Downturn

November 17, 2008

For 15 years, Cascade College in Portland, Ore., struggled to find the fuels that any college needs: students to pay tuition, and donors to help build an endowment. Then came the global economic meltdown, and suddenly that struggle became an impossibility.

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