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In my own field, the social sciences, I've seen a number of faculties sharing in the £19.5m Q-Step initiative, which aims to boost the statistical research skills of undergraduates through the use of placements and other forms of community engagement.
It has emphasized the significance of the traditional sector, and the ongoing use of placements local to London as well as the more high-profile mass bindings to the industrializing north.
City parishes made great use of placements in manufacture, but rarely bound children far from London, while some parishes in Westminster made greater use of sectors such as dealing, which reflected their own occupational profile.
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In 2009, New York City banned the use of placement agents after repeated scandals.
It has also led to a state ban on the use of placement agents, which are firms that help fund managers find investors.
The use of placement agents isn't in itself illegal, and no wrongdoing has been charged on the part of funds like the Carlyle Group or the Quadrangle Group, which received state investments.
"The SEC has an ongoing look at pension funds in California" because of revelations about the use of placement agents who recommended investment managers, said Patricia Macht, a spokeswoman for Calpers.
Along with concerns about the use of placement agents, regulators have grown increasingly concerned about whether states may have hidden financial weaknesses, particularly in their pension portfolios, and whether investors who buy municipal bonds can fully appreciate the risks.
The biggest change adopted by the companies and the state pension fund has been a ban on the use of placement agents, the middlemen who facilitate deals between investment firms and public pensions.
Suspicious about the Kentucky fund's management, trustee Tobe began pressing for information on use of placement agents in April 2009.
The SEC, meanwhile, has inquired into Kentucky's use of placement agents, and the state auditor has launched a new investigation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com