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Post by Trojan Warrior on Jul 25, 2014 4:46:13 GMT -6
The Troy University Board of Trustees approved an annual budget of $225 million during Thursday’s meeting. “That’s down from $253 million three years ago,” said Chancellor Jack Hawkins. The university has had to contend with a shrinking budget for several years. It has meant raising tuition, trimming departmental budgets and taking a closer look at the student-teacher ratio on each of its campuses. “We attempt to do more with less and are always focused on good stewardship,” said Hawkins. “We’ve probably gotten the most mileage per dollar of any institution in the state.” ( Full Article)
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Post by Redwaver on Jul 25, 2014 5:30:22 GMT -6
The Troy University Board of Trustees approved an annual budget of $225 million during Thursday’s meeting. “That’s down from $253 million three years ago,” said Chancellor Jack Hawkins. The university has had to contend with a shrinking budget for several years. It has meant raising tuition, trimming departmental budgets and taking a closer look at the student-teacher ratio on each of its campuses. “We attempt to do more with less and are always focused on good stewardship,” said Hawkins. “We’ve probably gotten the most mileage per dollar of any institution in the state.” ( Full Article) Where in our budget do the expenses and income for our China connection fall and on which side of profit and loss?
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Post by Hemi Man on Jul 25, 2014 6:47:52 GMT -6
The second step was to look at the demographics of the faculty. The group found that more than 200 positions were held by people 62 years and older. To reduce aging faculty and hire younger, cheaper instructors, the group considered offering an incentive to encourage retirement. They decided against it because most would choose to retire on their own in the next few years.
I wonder if the ones that are making that statement are listening to themselves?
I think I'll have a beer.
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Post by Troystet on Jul 25, 2014 12:49:55 GMT -6
Pension system is crippling states. Teachers and fire and police should have one but paying one to every state employee is unsustainable.
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