Thursday, March 26, 2009
Anticipated budget cuts announced
Federal money will only be a short term solution, and the state is looking at more than a $400 million shortfall come 2012.
So far projections for each system are as follows:
LSU system - $102,087,705
Southern Univeristy system - $16,942,411
University of Lousiana system - $67,054,816
Louisiana Community & Technical College system - $28,794,979
These appropriations aren't final and will be submitted to the legislature in April for final approval.
The Board of Regents is working on phasing in a funding formula based on performance in areas such like increases in degrees and certificates awarded and competition for research grants.
For more information, visit:
http://www.shreveporttimes.com/article/20090325/NEWS04/90325029
http://www.lsureveille.com/anticipated-budget-cut-figures-announced-1.1629241
Tuesday, March 24, 2009
SOS TO APPEAR ON JIM ENGSTER SHOW!
Wednesday, March 18, 2009
students, prove that you CARE
How can you make your mark?
S.O.S. Press Conference VIDEO ON YOUTUBE
http://www.youtube.com/watch?v=AW9Ld7Qmtwk
As the Advocate says... LET THE SUN SHINE IN.
Change: The Higher Education Funding Disconnect: Spending More, Getting Less
by Jane V. Wellman
The rich and famous are much in the news these days—colleges and universities that is, the ones with endowments in the hundreds of millions or more and whose run-up in assets has raised questions about their non-profit status from both state and federal lawmakers. The U.S. Senate Finance committee wants to know, for example, why institutions that are reported to average 20 percent annual increases in the market value of endowments of $500 million or more still need to raise tuition and fees every year. And the Internal Revenue Service is preparing for intensive audits of more than 400 institutions, looking at revenue-generating activities housed within them and how those activities fulfill the public or charitable purposes of the institutions. Meanwhile, legislation has been proposed in Massachusetts to levy state taxes on the Commonwealth’s wealthiest non-profit private institutions.
Media and policy attention to the wealthiest sector of higher education might cause the public and policy makers to think that most colleges and universities are awash in money—and looking only at the Ivy League and the biggest public research universities, it would be hard to argue that they’re mistaken. But the focus on revenue masks the bigger story in higher education finance in America, which is a story of growing gaps between rich and poor institutions, greater clustering of low-income students in poorly financed institutions, and disinvestment in teaching. Any one of these trends by itself would be disturbing; the three together spell real trouble for our future capacity to reverse America’s decline in postsecondary performance.
There's more
The Advocate: LSU faculty denounces furlough plan
But LSU faculty continue to strongly oppose a proposal by LSU Chancellor Michael Martin that could force faculty to take furloughs — time off without pay — without approving an emergency state of “financial exigency” as is currently required.
The LSU chapter of the American Association of University Professors approved a new letter to Martin that said, “We are concerned about the wisdom and long-term effects of your request to the LSU System for greater power to implement furloughs without having to invoke financial exigency.
“In the hands of future chancellors, such powers may easily be abused,” stated the letter signed by Charles Delzell, a math professor and president of the AAUP chapter.
Read the rest of the story
New York Times: State Colleges Also Face Cuts in Ambitions
March 17, 2009
TEMPE, Ariz. — When Michael Crow became president of Arizona State University seven years ago, he promised to make it “The New American University,” with 100,000 students by 2020. It would break down the musty old boundaries between disciplines, encourage advanced research and entrepreneurship to drive the new economy, and draw in students from underserved sectors of the state.
He quickly made a name for himself, increasing enrollment by nearly a third to 67,000 students, luring big-name professors and starting interdisciplinary schools in areas like sustainability, projects with partners like the Mayo Clinic and Sichuan University in China, and dozens of new degree programs.Read the whole story here (NY Times registration required)
Tuesday, March 17, 2009
Kate speaks on WAFB!! Check it out!
Monday, March 16, 2009
LSU students take to Internet to oppose state funding cuts
Jindal's budget proposal "destroys" higher education
Cortez says while the plan would use $3.6 billion in federal stimulus money to ease the financial pain, those funds dry up two years which would leave educators with a bigger hole down the road.
"I think from an economic development stand point we start sending our best and brightest to other states to get an education than we've lost that industry," said Cortez.
For now, the cuts are just proposals, still in need of approval from the legislature.
- WWL-TV.com 3/16/09 (Full Story)
Sunday, March 15, 2009
Save Our Schools Press Conference
Friday, March 13, 2009
$219 million in cuts across LA public college campuses!!!
Thursday, March 12, 2009
Wednesday, March 11, 2009
BusinessReport.com: Dumbing down higher ed
Wednesday, March 11, 2009
Just how serious is Louisiana about the importance of higher education?
That's the question Gov. Bobby Jindal, LED head Stephen Moret, the rest of the administration and the Legislature need to answer—and soon, considering the current plan is to whack $219 million, or roughly 15.5%, in university funding for the upcoming fiscal year.
Time after time, we've been told that a knowledge-based economy is the key to the economic future of the Capital Region and this state. We've been to places like Austin, Raleigh-Durham and Portland to see first-hand the economic boon that results when higher education is viewed with the same reverence as attracting an automobile plant or some multinational steel conglomerate.
GUESS WHAT! NOW YOU CAN TAKE A BUS... TO AN UNACCREDITED SCHOOL??
LSU Schools to Prepare $100 Million in Cuts
By Jan Moller
Capital bureau
LSU schools to prepare $100 million in cuts
System's chief says they may be permanent
BATON ROUGE -- The head of the Louisiana State University System is asking individual campus heads to detail how $100 million in permanent cuts would affect their schools as the state's colleges brace for a bare-bones budget.
In a letter to university chancellors, LSU System President John Lombardi also confirmed that the schools will ask the Legislature for a 5 percent tuition increase this spring to help mitigate the effects of spending cuts caused by the ongoing recession and the state's loss of energy revenue. He said the schools might also look at increasing some fees, though that could prove to be a tougher sell among lawmakers.
The tuition increase was initially approved last year, and requires only a majority vote in each chamber of the Legislature to implement for the 2009-10 academic year. But most fee increases require a two-thirds majority of the House and Senate.
"While it is possible that some relief may be forthcoming from the Legislature, due to the timing we cannot delay development of specific plans to implement the reductions required by the Governor's budget," Lombardi wrote.
Gov. Bobby Jindal is scheduled to make his 2009-10 budget recommendations to the Legislature on Friday. Higher education officials were told late last week that colleges and universities will be asked to absorb a $219 million cut, an amount that would have been twice as high were it not for federal economic stimulus dollars.
The cuts come after several years of growth in state spending on higher education, which brought Louisiana's public colleges and universities up to the level of their regional peers after decades of trailing behind.
Lombardi said the cuts translate to a 15 percent reduction in state support, and a 9 percent cut in "discretionary money," or state dollars and money collected from students.
A spreadsheet accompanying Lombardi's letter says LSU's main campus would be cut by $35 million, while the University of New Orleans is looking at $11 million in reductions. The LSU Health Sciences Center-New Orleans would be cut by $19 million.
The letter asks that individual campuses produce detailed budget plans by April 21, when the higher education budgets are scheduled for their first review by the House Appropriations Committee.
Although many economists predict the country will start to emerge from the current economic downturn next year, Lombardi said campuses should prepare for the cuts to be permanent, since the federal stimulus dollars that are propping up the budget will dry up in two years.
"Even with a substantial recovery of the economy over the next two years, we are likely to need to manage within constrained budgets for some period beyond the current two-year funding of the federal stimulus package," Lombardi wrote.
. . . . . . .
Jan Moller can be reached at jmoller@timespicayune.com or 225.342.5207.
Monday, March 9, 2009
University facing 15% in cuts
Sunday, March 8, 2009
Federal money - it's the only thing we got!
Soooo… so far, the only alleviation for LA higher education has come straight from the federal package. Instead of rejecting the federal aid and finding its own solutions, Louisiana now finds itself relying solely on the federal dollars.
Jindal’s turnaround regarding the federal aid appears complete… from threatened rejection to complete reliance.
Couldn't the state add at least some relief on top of the federal money?
Even if it’s just to prove to itself that it’s somewhat capable?
Saturday, March 7, 2009
The Battle Over Higher Ed's Budget Begins
Now the battle begins to persuade Jindal and the Legislature to take further steps to make that 15 percent cut even smaller.
Options: they can set priorities that protect higher education (yes, they do have some leeway, despite what you hear in the press); they can tap into some large, existing funds that haven't been spent or are proposed for increases (a $400 economic development fund that Jindal & Co. reportedly want to increase by an additional $400 million); or they can tap into the state's rainy day fund to close the gap.
Any of these options, or a combination of some or all, could save Louisiana higher education from crippling budget cuts.