Friday, January 7, 2022

Rising student tuition funds majority of OSU education and general budget - Hayden Lohr, Daily Barometer

According to Steve Clark, the vice president for University Relations and Marketing, about one-third of OSU’s education and general budget comes from the state, while two-thirds of that budget comes from student tuition. “If you look at what we spend for the Corvallis campus, 75% of our [tuition] spending is people, salaries and benefits for faculty, staff, graduate assistants, everybody—student employees,” said Sherman Bloomer, vice president for Budget and Resource Planning. “The rest of it is going to all the things you need to operate the campus, like utilities, insurance, maintenance.”

https://dailybaro.orangemedianetwork.com/14914/daily-barometer-news/rising-student-tuition-funds-majority-of-osu-education-and-general-budget/