Most of us are journalists or former journalists who plan to teach in journalism school. Is it not relevant to find out how J-schools are doing in this harsh times? Or, to find out J-school professors are being paid the amount they deserve?
Are they cutting cost by 40%? Are they lowering the salaries of teachers? No, I don't think so.
The New York Times ran a story about Universities like Oklahoma transforming their journalism education program last May. More curious than not, schools in many parts of the world as well as US are expanding the J-school progam.
Some examples from the blog.
http://www.editorsweblog.org/web_20/2009/06/j-schools_maneuver_journalists_relations.php
A case of DePaul Univ. in Chicago
http://www.editorsweblog.org/web_20/2009/09/teaching_twitter_at_j-school.php
Or a case of Columbia Univ.
http://mashable.com/2009/06/19/teaching-social-media/
Well, one thing is common for J-school. You don't have to downsize or give up salaries to adapt.
Economic theory to explain? Schumpeter's theory of innovation and creative destruction. Innovation will create new demand, push the curve to to the right side. Price will rise, quantitiy will expand. Hopefully.
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