All those banks being greedy jerks is now hitting another segment of the economy, education which is just about always the 1st to get hit on the local level. Too many bad loans (stupid loans by the bailed out banks IMHO!) and now empty foreclosed homes depressing housing market values and BOTH hitting the tax rolls in a very hard way. But as long as the BigBoys on top are ok, the rest of us will just have to suffer untilan economic revolution hits and it will be much worse before that happens. Record profits in many industries but very little hiring and expansion, hmmm, TRICKLE DOWN MY ASS!

Owl2Doc said

FAUfasho said

I wonder how many people would be effected by this. I've worked at FAU for almost a year..can I be grandfathered in? lol.

Hopefully!

You made a comment earlier in the Conference Changes thread about how you could assure that our incoming class would have much higher test scores. Can you elaborate? For instance, what do you think the final GPA will be and are we already in waitlist mode here in February?

It's tough to say what the final GPA will be but the average admitted student for Fall now has about a 3.7 and 1700 SAT. Summer is about a 3.5 and we have JUST started waitlisting people. The profile has never been this high for this long. You always start out high but it always goes down as the year goes on and you get less and less quality applicants. We also have more complete applications than ever before. Last year there was a big push to get students to apply but some students weren't finishing their applications. Now we have more students applying and more importantly finishing their applications, which means that they are more interested.

This could only help…

Conch pearl harvest could be a gem for FAU

UF, FSU students could face big tuition increases

UF, FSU students could face big tuition increases | www.palmbeachpost.com

Cut out a third of our budget and we're all going to need big tuition increases. How else do they think we'd weather this storm? It's going to be on the backs of students.

Same problem at public colleges all across the country. I read Temple is getting cut 50% by Pennsylvania!

Owl2Doc said

Cut out a third of our budget and we're all going to need big tuition increases. How else do they think we'd weather this storm? It's going to be on the backs of students.

I don't believe it is a third of our overall budget.  I believe, correct me if I am wrong, it is a third of he budget received directly from the state. I don't recall what that is overall but I believe it is much lower than a third of the total budget.

I believe this is a negotiating tactic to work on the overall budget, I highly doubt the worst case scenario will occur but cuts have to be made unless everyone wants a state income tax.

dusky256fc said

I don't believe it is a third of our overall budget.  I believe, correct me if I am wrong, it is a third of he budget received directly from the state. I don't recall what that is overall but I believe it is much lower than a third of the total budget.

Hmm. Well, according to Wikipedia our total endowment is $156.4 million.

We are talking about the State appropriation not total budget - but it would still hurt and it still sux!

With these cuts going on the the resulting fee increases to try and maintain level, the test score of toses accepted are going to go up everywhere (all public schools) as they are going to price a college education right out of the mid and low level income families abilities to pay. More sepration of the economic levels of America sadly!

Hopefully this works…

The Badger Herald · Obama: Universities’ efforts to prevent tuition increase will prevent taxpayer funding decrease


President Barack Obama is calling on governors across the nation to increase funding for higher education and decrease federal funding for universities whose tuitions he argues are too high.

In his remarks to the National Governors Association Monday, Obama issued a challenge to governors to invest more in education.

“Nothing more clearly signals what you value as a state than the decisions you make about where to invest,” Obama said in his prepared remarks. “Budgets are about choices. So today I’m calling on all of you: Invest more in education.”

The Obama administration also released its “Education Blueprint: An Economy Built to Last,” which said the administration plans to create a competitive fund for states that maintain adequate funding for higher education and make other reforms.

The blueprint also said the federal government would “reward” universities that offer low tuition costs and quality education, as well as enrolling and graduating high numbers of Pell Grant students.

“That means colleges and universities are going to have to help to make their tuition more affordable,” Obama said in his remarks. “And I’ve put them on notice — if they are not taking some concrete steps to prevent tuition from going up, then federal funding from taxpayers is going to go down.”

Former chancellor and University of Wisconsin professor John Wiley, an expert in higher education administration and policy, said cuts to higher education are the main reason behind tuition increases.

There are five major agencies in Wisconsin’s discretionary budget, and only the UW System has an outside source of funding in the state, according to Wiley.

Wiley also said he approved of Obama’s plan to create a competitive fund to increase state funding for higher education. He said it should encourage state governments to keep an eye on tuition costs.

David Giroux, UW System spokesperson, said the cost of an education in the UW System has remained the same over the past 30 years and has only increased with the rate of inflation.

However, he said during those years state funding has been cut and, to fill the gap between state funding and the cost of education, the UW System has had to increase tuition.

“We’re not just talking about Wisconsin but every state,” Giroux said. “This has been a long–term trend for the past two to three decades.”

Wiley added Obama’s plan to use federal money as a way of rewarding and punishing schools that keep tuition low would help UW since it has the second lowest tuition rate in the Big Ten.

“Even though tuition is higher than it should be, we stand to gain from the policy,” Wiley said.

However, Giroux said the Obama administration has not released the details of the plan and that while the proposals match UW System schools well, it would be difficult to tell if the plan will help UW System schools or not.