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Desperate Times, Desperate Measures

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A presentation I did in grad school that examined a case study on how five public colleges are coping with decreased state appropriations.

A presentation I did in grad school that examined a case study on how five public colleges are coping with decreased state appropriations.

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  • 1. Desperate Times, Desperate Measures: How Five State Schools are Managing in Spite of Declining State Appropriations Susana Torres, Adam Kindschy, & Mark Litwa ELPS 454: Budgeting & Finance December 11, 2006
  • 2. Our Study
    • These five states had the
    • largest decrease in state
    • appropriations per FTE from the
    • period 2001-2003
    • Virginia (-21%)
    • South Carolina (-27%)
    • Missouri (-23%)
    • Colorado (-22%)
    • Oregon (-27%)
  • 3. Who we Interviewed
    • David Feldman – Professor of Economics, College of William & Mary
    • Ken Corbertt – Finance Projects Specialist, University of South Carolina at Columbia
    • Tim Rooney – Director of Budgeting, University of Missouri at Colombia
    • Cathy Kerry – Office of Planning, Budget & Analysis, University of Colorado at Boulder
    • Jay Kenton – Vice Chancellor for Finance and Administration, Oregon University System
  • 4. Research Question & POV
    • If the trend of decreasing state appropriations continues, will these institutions be able to survive without implementing excessive tuition increases?
    • Our Point of View : They will not be able to survive without implementing significant tuition increases, effectively shifting the burden of cost from public aid to students and their families.
  • 5. South Carolina
    • In 2006 ranked 45 th (out of 50) for having the largest 5-year decline in state appropriations
    • 13 public colleges and universities
    • Flagship Institution:
      • University of South Carolina at Columbia
  • 6. University of South Carolina – Columbia State Appropriations vs. Tuition & Fees
  • 7. University of South Carolina – Columbia Revenue Sources: FY2006
  • 8. Virginia
    • In 2006 ranked 36 th (out of 50) for having the largest 5-year decline in state appropriations
    • 16 public colleges and universities
    • Flagship Institutions:
      • UVA
      • Virginia Tech
      • College of William & Mary
    • Restructured Higher Education Financial and Administrative Operations Act 2005
  • 9. UVA State Appropriations vs. Tuition & Fees
  • 10. UVA Revenue Sources: FY2006
  • 11. Missouri
    • In 2006 ranked 44 th (out of 50) for having the largest 5-year decline in state appropriations
    • 4 public colleges and universities
    • Flagship institution:
      • University of Missouri at Columbia (Mizzou)
    • In 2001, tuition & fees made up just 18.7% of total revenue; in 2006 they made up 45.9%
  • 12. University of Missouri – Columbia State Appropriations vs. Tuition & Fees
  • 13. University of Missouri – Columbia Revenue Sources: FY2006 TOTAL OPERATIONS: $473,677,682
  • 14. History of State Appropriations $213,613,454 $171,642,229 2006 $206,275,390 $169,851,517 2005 $199,385,189 $168,343,755 2004 $190,514,056 $173,956,983 2003 $185,174,150 $169,428,258 2002 $177,853,311 $193,016,221 2001 Approp. Needed to Keep up with Inflation Actual Approp. Received
  • 15. Colorado
    • In 2006 ranked 47 th (out of 50) for having the largest 5-year decline in state appropriations
    • Low appropriations before the recession
    • Little chance of privatization
    • Grants, contracts, and gifts
  • 16. University of Colorado – Boulder State Appropriations vs. Tuition & Fees
  • 17. University of Colorado – Boulder Revenue Sources: FY2006
  • 18. Oregon
    • In 2006 ranked 36 th (out of 50) for having the largest 5-year decline in state appropriations
    • State aid made up 60% of budget in 1993; today it’s only 39%
    • Lowest levels of state financial aid in the nation
    • Chance of privatization
    • Jay Kenton’s experience
    • Entrepreneurial success
  • 19. University of Oregon – Eugene State Appropriations vs. Tuition & Fees
  • 20. University of Oregon – Eugene Revenue Sources: FY2006
  • 21. Conclusion
    • Colleges searching for new sources of revenue
    • Competing for scarce resources with other worthy causes
    • Significant tuition increases currently unavoidable
  • 22. References
  • 23. Questions?