Hello There, Guest! (LoginRegister)

Post Reply 
Privatizing dorms at UT next
Author Message
Bookmark and Share
BearcatMan Offline
Kicking Connoisseur/Occasional Man Crush
*

Posts: 24,161
Joined: Jan 2009
Reputation: 585
I Root For: Cincinnati
Location:
Post: #41
RE: Privatizing dorms at UT next
Pretty scathing Editorial that I think a lot of us probably agree on...

https://www.toledoblade.com/opinion/edit...0220831020

Quote:Editorial: Deflation not inflation is the problem at UT

THE BLADE EDITORIAL BOARD
SEP 1, 2022 12:00 AM

There is trouble at the University of Toledo and that demands a sense of urgent attention from all who can assist this vital community asset in attracting students.

The university tells us high interest rates and construction costs have forced the delay of multi-million dollar upgrades to dormitories announced in May.

Read more Blade editorials

The inflation problem of the last three months is much less concerning than the deflation of student demand for campus housing.

UT Vice President of Finance Michael Dennis told trustees at a special meeting on Monday that residence hall occupancy of 1,671 is “well lower than expected.”

To make the cash flow sufficient for debt service on dorm upgrades between $184 million and $271 million, 2,000 students are needed in the dorms.

For want of 329 students, upgrades potentially worth more than a quarter billion dollars cannot be made.

A much-needed project, once again, announced this spring doesn’t even make it through the summer.

There is no way to escape the fact that this is an epic failure.

Start-stop decision making is not confidence inspiring.

But, it does effectively signal distress at a university with impact that ripples far beyond campus, throughout the city, county, and entire region.

As Dr. Gregory Postel put it when the dorm upgrades were announced; “this is a beautiful old campus, but a lot of these buildings look better from a distance than they do when they get up close and personal.”

The president called the dorms “kind of tired.”

It is good news that UT leadership understands the degree of its problem.

The problem starts as it does for anything connected to free enterprise, with the need to make a sale.

The value proposition for local students, who commute to the university and live at home, is obvious.

It’s selling students from outside the area where UT must improve.

It shouldn’t be difficult.

UT is known for its science programs, pre-med, and medical programs.

The university has partnered with NASA over the years.

That word needs to get out beyond Toledo.

The marketing message pitching UT as the perfect alternative between a too-big state U and too-small private school establishes a clear value.

But the marketing plan must get more aggressive, and public relations needs to reach out to the UT network of alumni and friends for help selling the university.

It’s unthinkable that UT can’t sell 329 more students.

It’s also unthinkable that Toledoans idly watch the university decline.
09-02-2022 07:38 AM
Find all posts by this user Quote this message in a reply
Boca Rocket Offline
Legend
*

Posts: 25,645
Joined: Mar 2004
Reputation: 105
I Root For:
Location:
Post: #42
RE: Privatizing dorms at UT next
(08-30-2022 11:47 AM)Boca Rocket Wrote:  Saw Freshmen enrollment up 26% at WMU. Driving FAU's campus 2-3 a day, I've never seen this much traffic.


I was right about FAU. Largest Freshman Class ever. 4,350 from 35,000 applications. Up about 3,000 from last year. Also best Academic Freshman Class. Location and cost seemed to be driving the decision process.

07-coffee3
09-10-2022 10:35 AM
Find all posts by this user Quote this message in a reply
eastisbest Offline
Hall of Famer
*

Posts: 14,589
Joined: Aug 2008
Reputation: 42
I Root For: Toledo
Location:
Post: #43
RE: Privatizing dorms at UT next
(09-10-2022 10:35 AM)Boca Rocket Wrote:  
(08-30-2022 11:47 AM)Boca Rocket Wrote:  Saw Freshmen enrollment up 26% at WMU. Driving FAU's campus 2-3 a day, I've never seen this much traffic.


I was right about FAU. Largest Freshman Class ever. 4,350 from 35,000 applications. Up about 3,000 from last year. Also best Academic Freshman Class. Location and cost seemed to be driving the decision process.

07-coffee3
A year ago I started comparing state college costs.

Florida schools seem a bargain by any relative measure. The state still makes heavy contribution, keeping individual tuition costs low. A conservative state that believes in socialization of post secondary education. I do not hesitate in the least to suggest living and working in Fl to gain citizenship before attending college.
09-10-2022 10:59 AM
Find all posts by this user Quote this message in a reply
Boca Rocket Offline
Legend
*

Posts: 25,645
Joined: Mar 2004
Reputation: 105
I Root For:
Location:
Post: #44
RE: Privatizing dorms at UT next
(09-10-2022 10:59 AM)eastisbest Wrote:  
(09-10-2022 10:35 AM)Boca Rocket Wrote:  
(08-30-2022 11:47 AM)Boca Rocket Wrote:  Saw Freshmen enrollment up 26% at WMU. Driving FAU's campus 2-3 a day, I've never seen this much traffic.


I was right about FAU. Largest Freshman Class ever. 4,350 from 35,000 applications. Up about 3,000 from last year. Also best Academic Freshman Class. Location and cost seemed to be driving the decision process.

07-coffee3
A year ago I started comparing state college costs.

Florida schools seem a bargain by any relative measure. The state still makes heavy contribution, keeping individual tuition costs low. A conservative state that believes in socialization of post secondary education. I do not hesitate in the least to suggest living and working in Fl to gain citizenship before attending college.

The FAU Foundation was able to raise $81.4 million this year.
09-10-2022 12:18 PM
Find all posts by this user Quote this message in a reply
BearcatMan Offline
Kicking Connoisseur/Occasional Man Crush
*

Posts: 24,161
Joined: Jan 2009
Reputation: 585
I Root For: Cincinnati
Location:
Post: #45
RE: Privatizing dorms at UT next
(09-10-2022 10:59 AM)eastisbest Wrote:  
(09-10-2022 10:35 AM)Boca Rocket Wrote:  
(08-30-2022 11:47 AM)Boca Rocket Wrote:  Saw Freshmen enrollment up 26% at WMU. Driving FAU's campus 2-3 a day, I've never seen this much traffic.


I was right about FAU. Largest Freshman Class ever. 4,350 from 35,000 applications. Up about 3,000 from last year. Also best Academic Freshman Class. Location and cost seemed to be driving the decision process.

07-coffee3
A year ago I started comparing state college costs.

Florida schools seem a bargain by any relative measure. The state still makes heavy contribution, keeping individual tuition costs low. A conservative state that believes in socialization of post secondary education. I do not hesitate in the least to suggest living and working in Fl to gain citizenship before attending college.

Yep, Florida is in the Top 3 as far as state subsidy to higher education and it reaps the benefits by keeping a much higher share of its student population in state both during and after graduation. Last I read, they have increased their subsidy to higher education per student by a measure right around $1.25 per 1980 dollar, whereas states like Ohio have reduced it down to just under a quarter to a 1980 dollar when adjusted for inflation.
09-11-2022 07:35 AM
Find all posts by this user Quote this message in a reply
eastisbest Offline
Hall of Famer
*

Posts: 14,589
Joined: Aug 2008
Reputation: 42
I Root For: Toledo
Location:
Post: #46
RE: Privatizing dorms at UT next
(09-11-2022 07:35 AM)BearcatMan Wrote:  
(09-10-2022 10:59 AM)eastisbest Wrote:  
(09-10-2022 10:35 AM)Boca Rocket Wrote:  
(08-30-2022 11:47 AM)Boca Rocket Wrote:  Saw Freshmen enrollment up 26% at WMU. Driving FAU's campus 2-3 a day, I've never seen this much traffic.


I was right about FAU. Largest Freshman Class ever. 4,350 from 35,000 applications. Up about 3,000 from last year. Also best Academic Freshman Class. Location and cost seemed to be driving the decision process.

07-coffee3
A year ago I started comparing state college costs.

Florida schools seem a bargain by any relative measure. The state still makes heavy contribution, keeping individual tuition costs low. A conservative state that believes in socialization of post secondary education. I do not hesitate in the least to suggest living and working in Fl to gain citizenship before attending college.

Yep, Florida is in the Top 3 as far as state subsidy to higher education and it reaps the benefits by keeping a much higher share of its student population in state both during and after graduation. Last I read, they have increased their subsidy to higher education per student by a measure right around $1.25 per 1980 dollar, whereas states like Ohio have reduced it down to just under a quarter to a 1980 dollar when adjusted for inflation.

Try to make this argument to the "colleges are liberal social elite rip-off" crowd that no, adjusted costs haven't sky-rocketed. They've shifted the burden to the individual, at least in Ohio. Even pointing to the present state tax rates versus decades ago falls on deaf... somethings. They got what they asked for and don't even realize it. Good? Bad? I like when public Universities have to be accountable for economic management. Less pork the better. But tying costs to social politics says they don't understand what has gone on.
09-11-2022 12:29 PM
Find all posts by this user Quote this message in a reply
PaulJ Offline
1st String
*

Posts: 2,028
Joined: Feb 2017
Reputation: 10
I Root For: Toledo
Location:
Post: #47
RE: Privatizing dorms at UT next
Another fact to keep in mind (especially on the enrollment based revenue side) is that Florida (Texas, Arizona etc..) have growing populations including current high school enrollments, those schools certainly attract out of state students but it helps a lot for a public college to be located in state or region with growing and not declining populations (Ohio, MI) same goes for growing economics, more higher paid jobs, alumni staying in state allow allow for higher fund raising opportunities.
09-11-2022 02:55 PM
Find all posts by this user Quote this message in a reply
BearcatMan Offline
Kicking Connoisseur/Occasional Man Crush
*

Posts: 24,161
Joined: Jan 2009
Reputation: 585
I Root For: Cincinnati
Location:
Post: #48
RE: Privatizing dorms at UT next
(09-11-2022 12:29 PM)eastisbest Wrote:  
(09-11-2022 07:35 AM)BearcatMan Wrote:  
(09-10-2022 10:59 AM)eastisbest Wrote:  
(09-10-2022 10:35 AM)Boca Rocket Wrote:  
(08-30-2022 11:47 AM)Boca Rocket Wrote:  Saw Freshmen enrollment up 26% at WMU. Driving FAU's campus 2-3 a day, I've never seen this much traffic.


I was right about FAU. Largest Freshman Class ever. 4,350 from 35,000 applications. Up about 3,000 from last year. Also best Academic Freshman Class. Location and cost seemed to be driving the decision process.

07-coffee3
A year ago I started comparing state college costs.

Florida schools seem a bargain by any relative measure. The state still makes heavy contribution, keeping individual tuition costs low. A conservative state that believes in socialization of post secondary education. I do not hesitate in the least to suggest living and working in Fl to gain citizenship before attending college.

Yep, Florida is in the Top 3 as far as state subsidy to higher education and it reaps the benefits by keeping a much higher share of its student population in state both during and after graduation. Last I read, they have increased their subsidy to higher education per student by a measure right around $1.25 per 1980 dollar, whereas states like Ohio have reduced it down to just under a quarter to a 1980 dollar when adjusted for inflation.

Try to make this argument to the "colleges are liberal social elite rip-off" crowd that no, adjusted costs haven't sky-rocketed. They've shifted the burden to the individual, at least in Ohio. Even pointing to the present state tax rates versus decades ago falls on deaf... somethings. They got what they asked for and don't even realize it. Good? Bad? I like when public Universities have to be accountable for economic management. Less pork the better. But tying costs to social politics says they don't understand what has gone on.

Agreed...that has actually opened eyes of a lot of people in the "indoctrination camps" crowds in my circle, but they still don't love the idea of giving more money to Colleges through the State budget, so there is no solution offered. Hell, until the late 80's the state of Ohio had an enterprise tax tied directly to the state's 150 largest private employers that directly went to funding higher education in the name of directly educating their workforces. When that got cut, it was game over...a lot of people have been seeing the writing on the wall for the College cost's conundrum for decades now with very little ability to change it.

Don't get me started on the variable institutional SSIs the state of Ohio does either...that's a whole different level of shell game lol. Around about the same time as the voucher/property tax madness went off the deep end, the state started getting away with further defunding higher education, and the beautiful thing is that they are not the ones being held accountable. Yes admin bloat is a horrible thing, but that isn't anywhere close to the primary reason the cost of higher education has sky-rocketed.
09-12-2022 07:39 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.