(06-22-2017 10:09 AM)PaulJ Wrote:  I am still not sure what you mean by "modest double dip" , perhaps you can provide an example?

So you do not renew a VP that then needs to be filled? Sure VPs and all administrators can be non-renewed, including the President, but where is the cost savings? In fact there is a cost savings when a VP leaves and is replaced by earlier career person at lower salary. But you are making a different case from buyouts, that is getting rid of positions, and as I posted earlier the number of positions of Dean and above at UT are already fewer under President Gaber.

'VP" the cost savings? The cost savings is
1) no buy-out and
2) s you say, the position has not been eliminated, with the opening the President can non-politically realign the responsibilities into a lower paying position, if need be.

It's nothing less than glad handing to give that high an administrator a "buy-out." Non-renew, throw the retirement party if the administrator is retiring or the separation party if so be it and move on. That's why they get paid big bucks. They're "at-will."

People hurting, and UT is hurting, are tired of the private enterprise golden parachutes handed from one admin buddy with future consideration. They certainly don't want to see it from a University that says they can't pay you more oh by the way, we have to let go some of your colleaques, let alone the publics' impressions.

From what you describe, this was the university operating under the same old damaging paradigm.

If YOU were to trust 25% of your worth to the University, how would you designate it?

"If YOU were to trust 25% of your worth to the University, how would you designate it? "

Set up student scholarship fund with UT Foundation to be awarded to academically prepared, but financially challenged new students

(06-22-2017 12:55 PM)PaulJ Wrote:  "If YOU were to trust 25% of your worth to the University, how would you designate it? "

Set up student scholarship fund with UT Foundation to be awarded to academically prepared, but financially challenged new students

Thoughts on criteria you would use to triage the applicants and to determine if they were "academically prepared?"

Endowment is one way to approach cost of college.

What keeps the school (regents) from jacking up tuition as endowment increases?

I think all universities have these shell foundations; what do you see as the advantages (presuming no conflict of interest) of putting that in the hands of the Foundation as opposed to an independent entity?

HS GPA 3.0 and ACT 20

State sets tuition rates (has been frozen in Ohio for 4 years, 6 out of last 10 at UT), but regardless of how scholarships are arranged, future tuition and other college cost increases are always a potential issue.

UT Foundation handles all the financial and legal arrangements at no cost to me, I could set up independent 501c3 non-profit myself, but I would assume all the administrative costs. There are hundreds of existing UT Foundation student scholarships totaling millions of awards per year funded by private individuals (who are much smarter and richer then me), if it works for them, it would work for me.