Heavy Lifting - thoughts and web finds by an economist
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Friday, February 11, 2011
Tuition is not increasing to necessarily give us professors a raise. Rather, state legislatures are dramatically cutting back on the state support for higher education (net impacts at this point are unknown at this time but dissertations and careers will be made on these shocks). Today's UB Daily has the following stories:
Thankfully the news in NC is not quite so bad.
The most insidious part is that we get less and less funding from states (at VMI it's under 15%), yet our tuition rates (in particular in-state rates) are regulated. The subsidy for in-staters is increasingly funded by a shrinking number of out-of-staters, as well as (implicitly) by the endowment. If the state wants to subsidize education for in-staters, I think it's great. Do it. But you can't squeeze off the funds at all sources before something eventually gives.Post a Comment
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