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Colleges and Universities School Debts Can Lead To Closures And Forced Realignment
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e-parade Offline
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RE: Colleges and Universities School Debts Can Lead To Closures And Forced Realignment
(07-08-2019 11:03 PM)MidWestMidMajor Wrote:  
(07-07-2019 09:20 PM)DavidSt Wrote:  
(07-07-2019 06:25 AM)Ohio Poly Wrote:  Republican governors can also lead to closures

https://www.nbcnews.com/news/us-news/ala...y-n1026466

This is one reason why tuition go up at all the colleges and universities. Lawmakers of one party have priorties to a certain few, and not to the people they serve. Education is very important, and it is a shame that we can't invest more money in the schools instead of cutting spending.

But where does the money come from when the state's budget is so deep in the red they have taken $14 Billion from savings in the past few years? When you are taking money from savings to pay operational expenses, you are on a sinking ship. Alaska can't print money. So they either raise taxes or cut spending or both. If you want more money for the university, who do you take it away from? Law enforcement (Alaska already has a high crime rate)? Roads? Health? Environment?

The governor (who is a career educator- teacher, principal, district superintendent) was elected just last year on a platform of ending the deficits. His proposed cuts this year are only half of the total budget deficit. They will still be in the red. Alaska has a per capita cost of state government twice the national average. Alaska government which floated on a sea of oil in the past has to remake itself. That includes the University of Alaska.

Well, they do have the lowest tax burden in the country by a whole 0.6% compared to the second lowest and about half that of the highest (they come in at 6.5%)

https://247wallst.com/special-report/201...taxes-3/2/

This is despite also having the 10th highest income per capita in the nation. They can increase taxes by 0.5% on income and still have the lowest in the nation. Granted that's not going to close the entire $14B gap, but it'll make a dent by realizing they should probably increase the tax burden a bit.


In case you don't like that source (I honestly don't know what it is), here's Forbes with the same list and numbers: https://www.forbes.com/pictures/emeg45eh...7d2ece2447
07-09-2019 11:13 AM
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Wheeling Jesuit - seaking4steel - 05-24-2018, 08:06 PM
RE: Colleges and Universities School Debts Can Lead To Closures And Forced Realignment - e-parade - 07-09-2019 11:13 AM



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