Higher Ed Anathema
University President Robert L. Carothers said that the administration will have to do “some creative thinking.” Has it really come down to this?
Creative thinking at a university? It is the end of the world.
Incidentally, although I haven’t done the research, I suspect the claim that URI will be completely without state funds by 2024 is hyperbolic, related to this:
[Vice President for Administration Robert ]Weygand said state funding accounts for 26 percent of the university’s revenue in the fiscal year 2008, while student tuition fees account for 62 percent of the university’s revenue. The 2008 fiscal year began on July 1, 2007, and will end on June 30, 2008. …
In the late 1980s, Weygand said state funding was about even with revenue from tuition and fees. In 2008, however, he noted that tuition fees were about $100 million higher than state funding, which varied little since 1989 when compared with the tuition and fee spike.
I think what they’re doing is taking this ratio and continuing the line out until state funding accounts for 0%, which is hardly a likely trend line. I’d be surprised if actual-dollar state funding hasn’t increased in the last twenty years, just with spending, and therefore tuition and fees, increasing at a much greater rate.