Saturday, July 14, 2018

Getting a better return on investment from higher ed - TJL, WV News

Now, a new funding formula created by the West Virginia Higher Education Policy Commission would reduce funding for three schools: WVU would lose $9.2 million; WVU Tech would lose $3.3 million; and Glenville State College would lose $1 million. Those figures are based on last fiscal year’s $229.4 million total state appropriation for public colleges and universities. It doesn’t make sense to reduce funding to WVU when it is producing such a great return on investment for the state and the economy of North Central West Virginia. Nor does it make sense to reduce funding to WVU Tech, considering the move to Beckley just occurred in the past two years. Glenville State, on the other hand, is an even bigger challenge, considering its rural service area and limited operating resources. Of course, to close Glenville State would be devastating to the economy of Gilmer County. https://www.wvnews.com/getting-a-better-return-on-investment-from-higher-ed/article_0ebe83d8-69bf-5d67-8f83-f89facfd883d.html