Monday, September 24, 2018

Review of the Campus Budget Reveals Concerns for Resources - Juan Guitron, CSU Signal

The Department of Business and Finance held a campus budget review forum open to faculty, staff and students. The forum was led by Vice President/Chief Financial Officer Darrell Haydon who discussed how they plan to distribute the general operating fund. As explained by Haydon the baseline funding is mainly full-time equivalent student budget (FTS) provided by state appropriation. This fund is usually matched by the tuition revenue provided by enrolled CSU students. The budget may also include one-time funds provided by the state or over-enrollment; these are used to settle deficits and for part-time faculty because the funds cannot be counted on to pay for long-term plans. https://www.csusignal.com/stan_state_news/article_7de6d9c8-b603-11e8-ac54-3b61d729021d.html

University of Oklahoma will take a year to rebuild budget - K.S. McNutt, The Oklahoman

University of Oklahoma President Jim Gallogly will report on the millions of dollars in inefficiencies his administration has found to date when the OU Board of Regents meets Thursday on the university’s Tulsa campus. “We have found very, very significant opportunities to save money,” Gallogly said. “There are lots of things we can and will do better.” YOU won’t have a budget for the Norman campus this academic year because so much more needs to be done, he said. Regents in June approved a $2.12 billion 2018-19 budget — $1.02 billion for the Norman campus and $1.10 billion for the Health Sciences Center campus — with the understanding Gallogly would rework it once he took office July 1. http://www.swtimes.com/news/20180913/university-of-oklahoma-will-take-year-to-rebuild-budget

Following layoffs, budget woes, Saint Louis University buys 2,300 Amazon Echos for students - COY WESTBROOK, the College Fix

A private university in Missouri that fired over 100 staff members amid budget woes in 2017 is now outfitting all of students residential spaces with personal smart speakers, and the school is refusing to say just how much it spent on the gadgets. Saint Louis University in Missouri is outfitting all of its more than 2,300 student rooms with Amazon Echo Dots. The Echo Dot is “a voice-controlled speaker” that uses the virtual assistant Alexa to “play music, control smart home devices, make calls, answer questions, set timers and alarms, and more,” according to Amazon. “Every minute we can save our students from having to search for the information they need online is another minute that they can spend focused on what matters most: their education,” Saint Louis University’s Vice President David Hakanson said in an announcement. https://www.thecollegefix.com/one-year-after-layoffs-st-louis-university-buys-2300-amazon-echos-for-its-students/

Sunday, September 23, 2018

University of Oklahoma budget work uncovers millions of dollars in savings, surprise expenses - K.S. McNutt, NewsOK

Officials working to shore up the University of Oklahoma's budget have discovered millions of dollars in savings and millions more in expenses that were not "properly accounted for," OU President Jim Gallogly said Thursday."Our budgeting process is very weak and, as a result of that, there seems to be surprise after surprise," Gallogly reported to the OU Board of Regents during a meeting on the university's Tulsa campus. https://newsok.com/article/5608236/university-of-oklahoma-budget-work-uncovers-millions-of-dollars-in-savings-surprise-expenses

Fundraising to support deep tuition discount at St. John's College - James Paterson, Education Dive

St. John's College, a private institution with two campuses that offers small classes with curriculum formed around what it calls "great books," plans to cut its published annual tuition by $17,000 and make up the lost revenue with a $300 million fundraising campaign. The college, with campuses in Annapolis, Maryland, and Santa Fe, New Mexico, will cut its published tuition price from $52,000 to $35,000 starting next fall, although officials estimate the cost to educate each student is about $60,000 annually. Some experts suggest tuition-cutting initiatives are simply marketing tools and either don't trim tuition fairly or don't raise sufficient funds. The college has seen tuition revenue decline as a percentage of their budget to 40% in 2017 from 70% in the past amid enrollment declines, Inside Higher Ed reported. https://www.educationdive.com/news/fundraising-to-support-deep-tuition-discount-at-st-johns-college/532316/

Iowa Universities Tumble in Rankings Due to Reynolds Budget Crisis - Democratic Governors' Association

And today, the Des Moines Register reported that the University of Iowa and Iowa State have fallen in U.S. News and World Report’s latest rankings of public universities. The University of Iowa dropped seven spots, and Iowa State University fell three spots. University of Iowa President Bruce Harreld pointed directly to Kim Reynolds’ budget cuts as the reason the university plummeted in the rankings. “Those rankings are a stark illustration of what happens when there’s not enough investment in higher education by the state.” https://democraticgovernors.org/news/iowa-universities-tumble-in-rankings-due-to-reynolds-budget-crisis/

Saturday, September 22, 2018

Leavitt’s budget plan enters phase one - Christina Basken, Advance-Titan

The three-phase fiscal plan UW Oshkosh Chancellor Andrew Leavitt announced on Jan. 29 is now out of its planning phase and living part one of the three-year plan. The purpose of the plan as stated by Leavitt in his blog is to employ a three-phase fiscal plan to reduce general-purpose revenue spending by $9.5 million over the next two years. The goal by the second year of the plan was to raise a net of $1 million of on going revenue. The plan is to cut academic spending by 30 percent in the first year, 50 percent in the second year and 20 percent in the third year. Non academic spending will be cut by 60 percent the first year and 40 percent in the second year. https://advancetitan.com/news/2018/09/13/leavitts-budget-plan-enters-phase-one

Proposed Budget Cuts Span Students, Faculty, Services, Programs - Jules Struck, Dicksonian

Dickinson’s Planning & Budget Committee outlined a multi-year financial plan to the Dickinson community as a proposed framework to the college’s budget, which attempts to address the college’s deficit. “We need a roadmap to go forward given the magnitude of the deficit we’re up against,” said Vice President for Finance and Administration Brontè Burleigh-Jones to a room of more than 50 mostly faculty and staff on Thursday, Sept. 6. The budget proposal has not been officially approved by the Board of Trustees or the college. https://thedickinsonian.com/news/2018/09/13/proposed-budget-cuts-span-students-faculty-services-programs/

Governor Defends Higher Ed Budget Cuts - KATE PAYNE, Iowa Public Radio

Iowa’s governor is defending budget cuts to the state’s university system as some schools lose ground in national rankings. The University of Iowa dropped seven slots and Iowa State University dropped three slots in new national rankings of public schools by U.S. News & World Report. School administrators are pointing to funding cuts by state leaders. In a written statement, UI President Bruce Harreld characterized lawmakers' actions as a "generational disinvestment in public higher education." "Resources do matter, and without adequate resources from the state, we aren’t able to make the needed investments in student outcomes that would lead to higher rankings by U.S. News & World Report and other ranking organizations," Harreld's statement reads. http://www.iowapublicradio.org/post/governor-defends-higher-ed-budget-cuts#stream/0

Friday, September 21, 2018

Budget cuts underway at Foothill Published: 12 September 2018 - Adanya Lustig, Los Altos Town Crier

Foothill College is in the midst of a three-year process to slash the school’s budget by $6.16 million, a reduction aimed at alleviating the Foothill-De Anza Community College District’s $17.6 million deficit by 2020. A total of $1.75 million was cut from the 2018-2019 budget, and the district proposes to eliminate an additional $4.41 million from the 2019-2020 budget. The deficit occurred because the Foothill-De Anza district is losing students, a phenomenon Foothill President Thuy Thi Nguyen attributes to the strong economy. “Unfortunately, in California there’s this general rule that when the economy is good, enrollment at community colleges goes down,” she said. https://www.losaltosonline.com/news/sections/schools/209-school-news/58497-budget-cuts-underway-at-foothill

_New athletic teams helped MUW avoid cutting budget - Mary Pollitz, the Dispatch

Mississippi University for Women has faced numerous state budget cuts in recent years, causing student tuition to fund more than 50 percent of its expenditures. Acting President Nora Miller said tuition funding the majority of university operations was not always the case. "We used to be 60-percent dependent on the state and 35- to 40-percent on our tuition, but that has flipped," Miller told Columbus Rotary Club members Tuesday afternoon at Lion Hills Center. "That is also a national trend." In an effort to combat the state financial cutbacks, Miller said, MUW has added seven new sports teams to its campus this year, including women's soccer, men's and women's basketball and men's and women's tennis. http://www.cdispatch.com/news/article.asp?aid=68423

University of Oklahoma will take a year to rebuild budget - K.S. MCNUTT, News OK

University of Oklahoma President Jim Gallogly will report on the millions of dollars in inefficiencies his administration has found to date when the OU Board of Regents meets Thursday on the university's Tulsa campus. "We have found very, very significant opportunities to save money," Gallogly said. "There are lots of things we can and will do better." OU won't have a budget for the Norman campus this academic year because so much more needs to be done, he said. Regents in June approved a $2.12 billion 2018-19 budget — $1.02 billion for the Norman campus and $1.10 billion for the Health Sciences Center campus — with the understanding Gallogly would rework it once he took office July 1. https://newsok.com/article/5608084/university-of-oklahoma-will-take-a-year-to-rebuild-budget

Thursday, September 20, 2018

States’ decision to reduce support for higher education comes at a cost - Jeff Selingo, Washington Post

At the beginning of last decade, college students who went to public universities paid for about one-third of their education. Today, in more than half the states, they pay for most of it. In that time, the College Board has found that the average price of tuition, room, board and fees at public institutions has risen more than 60 percent, to $20,770. Research by Douglas Webber, an associate professor in economics at Temple University, has found that colleges raise tuition by about $300 for every $1,000 in funds cut by the state.  The rapid disinvestment by states this century in public higher education happened not because of one event, but a confluence of factors that has made it more expensive for students and their families to attend most state colleges. First, funding levels failed to keep up with the influx of students to public campuses last decade because of the rising numbers of high school graduates. Second, the Great Recession of 2008 decimated state budgets. While after previous downturns higher education eventually recovered those dollars, not this time. In only six states have higher education budgets returned to or surpassed their pre-recession levels; in 19 states, expenditures per student are at least 20 percent lower than before the recession. https://www.washingtonpost.com/education/2018/09/08/states-decision-reduce-support-higher-education-comes-cost/

A Call for University Action: Collaborating for the Future - WIU

Western Illinois University President Jack Thomas met with vice presidents, deans, directors and department chairs on Sept. 7 to discuss finances, communication and implementation of the "Positioning Western Illinois University for the Future" plan. "We need everyone on board to ensure that every person within his or her department understands the budget situation and why certain decisions are being made. People may not agree with these decisions, but it is up to each of us here today to explain and communicate the decisions that are made to ensure this University's future," Thomas told a crowd of approximately 100 in attendance. "Every University leader is responsible for communicating information. It is vital for all of us to know what is happening at our University. It is important for us to convey accurate information with our employees and colleagues. We must work together to move Western forward." http://www.wiu.edu/news/newsrelease.php?release_id=15764

UWSP Vice Chancellor: School may need to eliminate 60-70 full time positions - WSAW

"The financial challenges we face at UW-Stevens Point are significant," says Provost and Vice Chancellor for Academic affairs Greg Summers, in a letter, dated August 27th, 2018, to the Chair and Incoming Chair of the UW- Stevens Point Common Council. In a two page letter, Summers lays out the University's financial picture, saying "despite cutting $2.5 million from our budget last year, our additional decline in enrollment has only increased our ongoing structural deficit." https://www.wsaw.com/content/news/UWSP-Chancellor-School-may-need-to-eliminate-60-70-positions-492886561.html

Wednesday, September 19, 2018

KU student journalists uncover reasoning behind costly cuts - WIBW

After diving into documents, meeting minutes, and interviews. The University Daily Kansan’s Lara Korte, Nicole Asbury, and Conner Mitchell uncovered a costly miscalculation by the university in paying for Central District construction. "We've discovered that they banked really heavily on a big boost in international enrollment, and I think the key part for us really came when we saw a line from some meeting minutes in 2016 and 2017 that said we want to double international student enrollment to over 4,000 students, and when we looked at the data, we realized that didn't pan out at all." Lara Korte, news editor of the UDT, said. https://www.wibw.com/content/news/KU-student-journalists-uncover-reasoning-behind-costly-cuts-492906221.html

Budget cuts and broke college students - Michelle Kumar, Daily Iowan

Here in Iowa, rising tuition and an always-shrinking education budget is nothing new, and the story is similar across the country. In the last two budget years alone, the state has taken back about $35 million in support for the universities governed by the state Board of Regents. The student vote can change all that in the upcoming midterm elections if we vote for candidates with solutions to the problem.We all know that about 30 years ago, you could work while attending classes to pay for them. The reality today is a far cry from that, and working the maximum allowed 20 hours a week at the UI barely covers rent. We haven’t seen a big surge in tuition costs since the recession; instead, we’ve seen small increase over the years. http://daily-iowan.com/2018/09/09/kumar-budget-cuts-and-broke-college-students/

Is college the right, or only, path to a good-paying job? - Ramona Schindelheim, Working Nation

It is clear colleges and universities will be facing some major headwinds unless they rethink their roles in preparing students for the workforce, according to one respected expert on higher education. “There’s a rising demand for talent, and colleges and universities are a major engine of talent production in this country. I continue to argue that they will be for the foreseeable future, but their position is much more precarious than it was a few years ago,” according to Jamie Merisotis, the President and CEO of the Lumina Foundation, a foundation whose mission is to make post-high school learning opportunities available to all. https://workingnation.com/college-right-path-good-jobs/

Tuesday, September 18, 2018

College students predicted to fall by more than 15% after the year 2025 - Jill Barshay, Hechinger Report

Only a handful of states, colored in blue, are predicted to see an increase in the number of students attending regional four-year colleges and universities between 2012 and 2029. The rest will see declines in students. In the red-colored states, the drop in students will exceed 15%. The dots represent large metropolitan areas. These urban college markets, such as San Diego, may diverge from their state’s or region’s trends. Nathan D. Grawe, Carleton College.  What does the declining birthrate mean for colleges and universities and the students who hope to get a college degree a decade from now? The answer depends on where you live in the United States and how selective the college is. For most colleges and universities, the outlook is grim. But that could be a good thing for their future students. https://hechingerreport.org/college-students-predicted-to-fall-by-more-than-15-after-the-year-2025/

Sullivan University’s Northern Kentucky Center for Learning has closed; majority studying online - Northern Kentucky Tribune

Sullivan University’s Center for Learning- Northern Kentucky closed its doors over the weekend. A spokesperson for the university said the majority of students were enrolling in online degrees or in the culinary programs in Louisville and Lexington. Vicki Berling, director of the center, confirmed the closing. Sullivan University is undergoing a significant reorganization, a merger of the Sullivan College of Technology and Design and Spencerian College into the university. This was approved by the Southern Association of Colleges and Schools Commission on Colleges and was final in June. https://www.nkytribune.com/2018/09/sullivan-universitys-northern-kentucky-center-for-learning-has-closed-majority-studying-online/

Cumberland and Gloucester county colleges take next step toward merger - CLAIRE LOWE, Press of Atlantic City

Officials from Cumberland County College and Rowan College at Gloucester County joined together this week to announce the signing of an agreement that would begin the process of merging the two-year institutions. “You can stay still and take the status quo or you can change,” Rowan College at Gloucester County President Frederick Keating said. “If we don’t go with it, we’re going to be left behind.” https://www.pressofatlanticcity.com/education/cumberland-and-gloucester-county-colleges-take-next-step-toward-merger/article_e10ae249-72f4-5444-bd54-a92f85e63ee1.html