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6/4/2017 8:09:50 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


States are opting to fund pensions and other obligations over education.


June 2, 2017, at 6:00 a.m.

Higher education funding cuts have received a great deal of attention in recent years – and for good reason. Last year, 46 states spent less money per student than they did in 2008. Widespread cuts have raised concerns over rising tuition, faculty job security, and the quality of the student experience.

The common assumption is that higher education cuts are just another consequence of states tightening belts in the wake of the Great Recession. But a closer look at the health of state finances tells a different story. State government tax revenues now exceed pre-recession levels and spending in almost every budget category has grown since 2008. Unfortunately, higher education is not following the same pattern. America's public colleges and universities enjoy the dubious distinction of being the only major budget category in which states are cutting back.

In a new report, we show just how far higher education has dropped down states' priority lists. Spending on hospitals, policing and public welfare are all up by at least 10 percent. The most notable increases are on public employee pensions, which grew the fastest in terms of total liabilities and expenditures. In short, pensions are crowding out higher education.

To pay for rising pension costs and obligations in other areas, states deem higher education to be expendable. How did we get to this point? Because it is easier – and more politically expedient – to cut higher education than it is to cut other areas.
First, states have strong incentives to increase expenditures on certain programs. Take Medicaid, which consumes one of the largest slices of states budgets. Medicaid operates on a federal-state matching formula, which means that any state funding cuts result in less federal money.

The same can't be said of higher education. Unlike Medicaid, states do not incur a direct cost when cutting higher education funding. Instead, they can shift costs to the federal government, incentivizing states to reduce higher education spending. Since the 1990s, federal aid per student has risen from roughly $2,000 to $6,000 in loans; $1,000 to $3,000 in grants; and $0 to $1,000 in tax credits. Rather than bearing the financial burden, state governments transfer the costs to the federal government and to students and their families.

Second, several areas of states spending – notably public pensions – enjoy strong legal protections. Public sector unions, which have a vested interest in expanded benefits, can fight pension plan retrenchment as a violation of personal property rights codified in the 5th and 14th Amendments. This deters state governments from targeting areas of the budget insulated by legal barriers.

Unfortunately, higher education doesn't enjoy the same level of legal insulation. While public sector workers' salaries and pensions are protected by labor contracts, this is only a portion of overall spending on higher education institutions. Total education appropriations are not protected by a legal contract between the state and its colleges and universities. Therefore, funding cuts do not expose state governments to the risk of costly, time-consuming litigation.

Third, many state programs are protected by powerful interest groups. Almost all public unions advocate for generous pensions and other employee benefits. For instance, unions representing state police and corrections officers are often powerful voices in support of both higher salaries and better deferred compensation – i.e., retiree healthcare benefits. Importantly, relatively few groups mobilize against these unions and politicians have strong incentives to reward them.

The difficult truth is that, in spite of their efforts, unions who advocate for higher education are comparatively weaker. Most faculty unionization occurs in large public university systems in 15 states, with New York and California alone accounting for nearly half of the total U.S. faculty covered by collective bargaining contracts. And even in these states, faculty unions aren't much of a force. The reason is that over half of faculty are part-time employees and another fifth are full-time but non-tenure track.

These unions have some impact on the distribution of faculty salaries and on university governance, but their effects on overall spending are less obvious. Consider the City University of New York system, where faculty unions successfully bargained for long-awaited salary increases and yet Albany did not set aside funds to cover the increased labor costs.

For all of these reasons, higher education is in a uniquely vulnerable position, especially compared to other areas of state budgets. It's the largest line item that states can cut without facing significant legal and political barriers. After all, the true costs of higher education funding cuts will not be seen until future generations. The result is that state governments – controlled by either party – are increasingly willing to mortgage the future.


https://www.usnews.com/opinion/articles/2017-06-02/public-pensions-are-killing-higher-education

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6/4/2017 8:18:25 AM Pensions are killing higher education  
condor_0000
Over 10,000 Posts!!! (20,426)
Tampa, FL
59, joined Feb. 2013


Oh my God! I'm outraged! It's clear to me now that if only we eliminate all pensions for workers, our beloved capitalists will finally stop raping the f**king shit out of us in higher education costs and their subsequent student-loan rapefest that provides them with such a nice source of guaranteed income.

Of course, we need to keep throwing tens of trillions at capitalist bailouts, capitalists' imperialist wars, pro sports stadiums, corporate subsidies, etc., in addition to giving billionaires some nice big tax cuts. I mean, we don't want to hurt our poor super-rich capitalists any. No, no! We must eliminate pensions for working-class people and then hope that our beloved capitalists don't just steal that money the way they always do, but rather use the savings to cut a couple of dollars off the ever-rising cost of higher education.

Woo hoo for dishing lots more money to super-rich capitalists and f**king over retired workers! That's the solution we all want for higher education costs. Thank you right-wingers for coming up with another of your win/win solutions beneficial to us all.

6/4/2017 8:38:48 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


"Last year, 46 States spent less money per student than they did in 2008"


......that's unbelievable!

6/4/2017 8:54:45 AM Pensions are killing higher education  
condor_0000
Over 10,000 Posts!!! (20,426)
Tampa, FL
59, joined Feb. 2013


Quote from mralwaysrite:
"Last year, 46 States spent less money per student than they did in 2008"


......that's unbelievable!


This is capitalism, buddy, where capitalists are constantly trying to cut spending on the underclass in favor of bailouts for themselves, war spending for themselves, and tax cuts for themselves. It's only "unbelievable" if you don't understand the class warfare inherent in capitalism.

Here's another part of the story necessary to comprehending the increasing cost of higher education. The more that capitalists can raise the price of higher education, the more guaranteed student-loan income they receive. Our massive debts are the lucrative incomes of capitalists. Capitalists have a vested interest in running up the costs of higher education and guiding all students into the student-loan racket.

------------

Middle-Class now Company-Store Class
May 30, 2017
Michael Hudson
http://www.paulcraigroberts.org/2017/05/30/middle-class-now-company-store-class/

Excerpt:

A fatal symbiosis has emerged between banking and higher education in America. Bankers sit on the boards of the leading universities – not simply by buying their way in as donors, but because they finance the transformation of universities into real estate companies. Columbia and New York University are major real estate holders in New York City. Like the churches, they pay no property or income tax, being considered to play a vital social role. But from the bankers’ vantage point, their role is to provide a market for debt whose magnitude now outstrips even that of credit card debt!

Citibank in New York City made what has been accused of being a sweetheart deal with New York University, which steers incoming students to it to finance their studies with loans. In today’s world a school can charge as much for an education as banks are willing to lend students – and banks are willing to lend as much as governments will guarantee to cover, no questions asked. So the bankers on the school boards endorse bloated costs of education, knowing that however much more universities make, the bankers will receive just as much in interest and penalties.

6/4/2017 9:02:22 AM Pensions are killing higher education  

cinnamonnhaze
Over 4,000 Posts! (5,419)
Minneapolis, MN
53, joined Apr. 2014


They're counting on you DYING early & never paying any pensions.

I'm DEAD serious.

No healthcare. Pollute the fuk out of the air & water. Sell sheetrock filled with cancer & autism causing ingredients to build those little cookie cutter suburban houses.

They want everyone in that 98% to work their a** off until they die with a shovel in their hand.

Keep 'em dumb. Keep 'em republican!

6/4/2017 10:02:39 AM Pensions are killing higher education  

mr_bad_robot
Over 10,000 Posts!!! (18,478)
Cincinnati, OH
42, joined Jul. 2014


States have neglected pensions for years. They have failed to contribute funding to cover the obligations.

6/4/2017 10:11:38 AM Pensions are killing higher education  

sureshot40
Over 4,000 Posts! (4,751)
Drumright, OK
48, joined Apr. 2011


Gutless politicians got into unfunded deals. Kick the can.

6/4/2017 10:24:34 AM Pensions are killing higher education  

cinnamonnhaze
Over 4,000 Posts! (5,419)
Minneapolis, MN
53, joined Apr. 2014


Stupid citizens voted for an incompetent president.


Smart billionaires voted for the correct idiot. Anyone who isn't making 7 figures or more & voted chump should read the book "Wishful Drinking".

6/4/2017 10:48:24 AM Pensions are killing higher education  
bill_i_am2
Over 10,000 Posts!!! (10,113)
FPO, AP
54, joined Apr. 2010


Actually what's killing our educational system is the irresponsible Federal monetary policies which cause inflation which leads to all the problems we are experiencing like this for instance.




6/4/2017 11:03:56 AM Pensions are killing higher education  

sillylaugher61
Over 10,000 Posts!!! (14,015)
Murrysville, PA
55, joined Aug. 2011


Illinois is by far and away the state with the worst problem. They have had their credit downgraded 3 times in 2 years.
Here in PA we are starting to feel the burden of keeping promises made that we can no longer afford.

6/4/2017 11:15:32 AM Pensions are killing higher education  

fishnthec
Over 10,000 Posts!!! (27,600)
Mesquite, TX
65, joined Oct. 2010


Get real people!

Our national leaders are never going to do anything to preserve Pensions and/or retirements until we take away the pensions and retirements away from our national leaders.

The same thing goes for Health Care Insurance!

Take away their Healthcare Insurance, and they may get serious about it's necessity!

The same thing can be said about increases of salaries! Stop the ability for Senators and House members to give themselves raises every two years and they may get serious about insuring we all get regular increases in salary!

See how that works?

6/4/2017 11:18:11 AM Pensions are killing higher education  

mr_bad_robot
Over 10,000 Posts!!! (18,478)
Cincinnati, OH
42, joined Jul. 2014


What does the federal government have to do with states not managing their money?

6/4/2017 12:13:48 PM Pensions are killing higher education  

catlover418
Over 4,000 Posts! (4,010)
Fort Worth, TX
71, joined Feb. 2009


Quote from fishnthec:
Get real people!

Our national leaders are never going to do anything to preserve Pensions and/or retirements until we take away the pensions and retirements away from our national leaders.

The same thing goes for Health Care Insurance!

Take away their Healthcare Insurance, and they may get serious about it's necessity!

The same thing can be said about increases of salaries! Stop the ability for Senators and House members to give themselves raises every two years and they may get serious about insuring we all get regular increases in salary!

See how that works?

How are we going to accomplish that??? Who's going to do it? Certainly not them!!! And they will surely vote down any bill that attempts it.

6/4/2017 3:17:54 PM Pensions are killing higher education  
61falcon
Over 10,000 Posts!!! (43,296)
New Hope, PA
76, joined Feb. 2008


Average teacher pay coast to coast $60,000,and there is a HUGE shortage of teachers across the whole country.

6/4/2017 3:23:22 PM Pensions are killing higher education  

lobo_corazon
Over 10,000 Posts!!! (38,446)
Orleans, ON
48, joined May. 2008


Quote from mralwaysrite:
States are opting to fund pensions and other obligations over education.

Capitalism is failing the public.

Are there not enough teachers to educate the students? Are there not enough workers to repair the roads and bridges? Not enough asphalt, cement or iron?

We have enough of all of those things, yet we can't seem to get the work done. That is because we are relying on capitalism for our economy, and it isn't working. (That is, it's working as intended - Enriching the wealthy... But that doesn't help the working poor escape poverty or the roads get fixed.)

6/4/2017 5:16:22 PM Pensions are killing higher education  
drwookie
Over 10,000 Posts!!! (10,631)
Reading, PA
63, joined May. 2013


Quote from cinnamonnhaze:
Stupid citizens voted for an incompetent president.


Smart billionaires voted for the correct idiot. Anyone who isn't making 7 figures or more & voted chump should read the book "Wishful Drinking".


The erosion of education funding has been happening since Korea. This insures the maximum amount amount of ignorant voters and why republicans think it's smart to keep constituents stupid and loud.

Mralwaysright for nobody has a long history of thinking he's a math genius with lots of faulty calculations. But he's got a good excuse for explaining why he didn't finish grade school.

Notice how he prefers many unproven assumptions to build his conclusions.,

6/4/2017 5:31:10 PM Pensions are killing higher education  

viper1e
Over 10,000 Posts!!! (17,246)
Jeannette, PA
59, joined Dec. 2013


Quote from mralwaysrite:
States are opting to fund pensions and other obligations over education.


June 2, 2017, at 6:00 a.m.

Higher education funding cuts have received a great deal of attention in recent years – and for good reason. Last year, 46 states spent less money per student than they did in 2008. Widespread cuts have raised concerns over rising tuition, faculty job security, and the quality of the student experience.

The common assumption is that higher education cuts are just another consequence of states tightening belts in the wake of the Great Recession. But a closer look at the health of state finances tells a different story. State government tax revenues now exceed pre-recession levels and spending in almost every budget category has grown since 2008. Unfortunately, higher education is not following the same pattern. America's public colleges and universities enjoy the dubious distinction of being the only major budget category in which states are cutting back.

In a new report, we show just how far higher education has dropped down states' priority lists. Spending on hospitals, policing and public welfare are all up by at least 10 percent. The most notable increases are on public employee pensions, which grew the fastest in terms of total liabilities and expenditures. In short, pensions are crowding out higher education.

To pay for rising pension costs and obligations in other areas, states deem higher education to be expendable. How did we get to this point? Because it is easier – and more politically expedient – to cut higher education than it is to cut other areas.
First, states have strong incentives to increase expenditures on certain programs. Take Medicaid, which consumes one of the largest slices of states budgets. Medicaid operates on a federal-state matching formula, which means that any state funding cuts result in less federal money.

The same can't be said of higher education. Unlike Medicaid, states do not incur a direct cost when cutting higher education funding. Instead, they can shift costs to the federal government, incentivizing states to reduce higher education spending. Since the 1990s, federal aid per student has risen from roughly $2,000 to $6,000 in loans; $1,000 to $3,000 in grants; and $0 to $1,000 in tax credits. Rather than bearing the financial burden, state governments transfer the costs to the federal government and to students and their families.

Second, several areas of states spending – notably public pensions – enjoy strong legal protections. Public sector unions, which have a vested interest in expanded benefits, can fight pension plan retrenchment as a violation of personal property rights codified in the 5th and 14th Amendments. This deters state governments from targeting areas of the budget insulated by legal barriers.

Unfortunately, higher education doesn't enjoy the same level of legal insulation. While public sector workers' salaries and pensions are protected by labor contracts, this is only a portion of overall spending on higher education institutions. Total education appropriations are not protected by a legal contract between the state and its colleges and universities. Therefore, funding cuts do not expose state governments to the risk of costly, time-consuming litigation.

Third, many state programs are protected by powerful interest groups. Almost all public unions advocate for generous pensions and other employee benefits. For instance, unions representing state police and corrections officers are often powerful voices in support of both higher salaries and better deferred compensation – i.e., retiree healthcare benefits. Importantly, relatively few groups mobilize against these unions and politicians have strong incentives to reward them.

The difficult truth is that, in spite of their efforts, unions who advocate for higher education are comparatively weaker. Most faculty unionization occurs in large public university systems in 15 states, with New York and California alone accounting for nearly half of the total U.S. faculty covered by collective bargaining contracts. And even in these states, faculty unions aren't much of a force. The reason is that over half of faculty are part-time employees and another fifth are full-time but non-tenure track.

These unions have some impact on the distribution of faculty salaries and on university governance, but their effects on overall spending are less obvious. Consider the City University of New York system, where faculty unions successfully bargained for long-awaited salary increases and yet Albany did not set aside funds to cover the increased labor costs.

For all of these reasons, higher education is in a uniquely vulnerable position, especially compared to other areas of state budgets. It's the largest line item that states can cut without facing significant legal and political barriers. After all, the true costs of higher education funding cuts will not be seen until future generations. The result is that state governments – controlled by either party – are increasingly willing to mortgage the future.


https://www.usnews.com/opinion/articles/2017-06-02/public-pensions-are-killing-higher-education


God forbid someone should work all their lives, looking forward to finally retiring with the wife, only to get f**ked by some entitled c*nt looking to major in Advanced Basket Weaving.

6/4/2017 5:57:01 PM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


Quote from drwookie:
The erosion of education funding has been happening since Korea. This insures the maximum amount amount of ignorant voters and why republicans think it's smart to keep constituents stupid and loud.

Mralwaysright for nobody has a long history of thinking he's a math genius with lots of faulty calculations. But he's got a good excuse for explaining why he didn't finish grade school.

Notice how he prefers many unproven assumptions to build his conclusions.,


Yeah, Yeah, Yeah,

drwookie, in your own State of Pennsylvania, find me a Public Pension fund with a funding ratio of over 90%, and/or

tell us about the current funding situation for PSERS and SERS.



[Edited 6/4/2017 5:58:30 PM ]

6/4/2017 6:10:53 PM Pensions are killing higher education  

mr_bad_robot
Over 10,000 Posts!!! (18,478)
Cincinnati, OH
42, joined Jul. 2014


Quote from 61falcon:
Average teacher pay coast to coast $60,000,and there is a HUGE shortage of teachers across the whole country.


There are pockets of shortages. Teachers like everyone else if possible move to locations that are accommodating to their needs.

Overall there are plenty of teachers just not very good one's.

And money isn't the answer

6/5/2017 6:40:54 AM Pensions are killing higher education  

testsignup
Over 10,000 Posts!!! (10,850)
Springfield, VA
63, joined Sep. 2009


I see this same game being played everywhere.

The pensions which are being attacked now, were chosen and put in place by the same people who are suddenly complaining that they are destructive to the process.

Now that LATER bad business decisions have led to income shortages, these people look and say to themselves "well, we certainly don't want to deal with this by improving our product, and there's no way in hell we are going to cut our own WILDLY HIKED salaries. So what can we blame our management ineptitude on? Oh! I know! Lets blame the old people who we are about to push put the door, and shortchange THEM on what we promised THEM, in order to get many years of profitable work out of them. We'll pretend that they held us hostage and FORCED us to sign up for these pensions, and that they then actively prevented us from properly funding them over the years, so that the money would be there when retirement did come!"

You see, that is how it is SUPPOSED TO WORK. If you run a business, and you offer retirement benefits, that doesn't mean that you are supposed to count on FUTURE profits to eventually make you so rich that you can afford to pay them off. You are SUPPOSED TO figure the cost of GUARANTEEING what you are offering as incentives, into PRESENT PROFIT MARGINS.

If you don't do that, you are simply committing fraud, and you should have your own money yanked to do what you originally contracted to do.

6/5/2017 7:23:17 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


Quote from mralwaysrite:
"Last year, 46 States spent less money per student than they did in 2008"


......that's unbelievable!


Hey Democrats, the above mentioned States must all be Republican controlled, right?

6/5/2017 7:23:56 AM Pensions are killing higher education  
drwookie
Over 10,000 Posts!!! (10,631)
Reading, PA
63, joined May. 2013


Quote from mralwaysrite:
Yeah, Yeah, Yeah,

drwookie, in your own State of Pennsylvania, find me a Public Pension fund with a funding ratio of over 90%, and/or

tell us about the current funding situation for PSERS and SERS.



You go find your own bullshit!
The whole premise of your argument is faulty because you promote the myth that pensions and education can't both be funded. That's how morons get sucked into believing it's an either or situation.

6/5/2017 7:30:58 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


Quote from drwookie:
You go find your own bullshit!
The whole premise of your argument is faulty because you promote the myth that pensions and education can't both be funded. That's how morons get sucked into believing it's an either or situation.



What I want to promote is Canadians are better than Americans at managing public employee pension plans, and Social Security.

Agree, or disagree?

6/5/2017 8:14:34 AM Pensions are killing higher education  
drwookie
Over 10,000 Posts!!! (10,631)
Reading, PA
63, joined May. 2013


Quote from mralwaysrite:
What I want to promote is Canadians are better than Americans at managing public employee pension plans, and Social Security.

Agree, or disagree?


I agree you always claim Canadians are better. In this case, you are a poor example because you didn't even get a high school education. Right? Yes or no?

6/5/2017 8:42:07 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


Quote from drwookie:
I agree you always claim Canadians are better. In this case, you are a poor example because you didn't even get a high school education. Right? Yes or no?


My personal life is nobody’s business, however, it is true that before an intellectual debate, I've been known to tell my adversaries that I failed kindergarten.

Now wookie, if my memory serves me correctly, you have a professional background related to insurance and pensions, correct?

If so, it would be a distinct pleasure to debate said subjects with you.

6/5/2017 8:57:29 AM Pensions are killing higher education  
drwookie
Over 10,000 Posts!!! (10,631)
Reading, PA
63, joined May. 2013


Quote from mralwaysrite:
My personal life is nobody’s business, however, it is true that before an intellectual debate, I've been known to tell my adversaries that I failed kindergarten.

Now wookie, if my memory serves me correctly, you have a professional background related to insurance and pensions, correct?

If so, it would be a distinct pleasure to debate said subjects with you.


You made your life public business when you bragged about your lack of education.

Glad you admit to lying but bragging about failing kindergarten won't make you any more educated than an 8th grader.

Your memory is faulty too, my background is a lot more diverse than you remember.

But, what the f**k does my background have to do with your false belief that pensions and education can't be improved simultaneously.

6/5/2017 9:23:04 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


Quote from drwookie:
You made your life public business when you bragged about your lack of education.

Glad you admit to lying but bragging about failing kindergarten won't make you any more educated than an 8th grader.

Your memory is faulty too, my background is a lot more diverse than you remember.

But, what the f**k does my background have to do with your false belief that pensions and education can't be improved simultaneously.


My false belief that pensions and education can't be improved simultaneously?????????????


Wookie's greatest asset as a debater;

Deflecting,
Teasing,
Antagonizing
Assuming,
Putting words in people's mouths

6/5/2017 9:51:57 AM Pensions are killing higher education  
cupocheer
Over 10,000 Posts!!! (250,613)
Assumption, IL
68, joined May. 2010


Pensions are killing higher education




OP must not have gone to college.

6/5/2017 10:01:33 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


Quote from cupocheer:
Pensions are killing higher education




OP must not have gone to college.







Pensions are killing higher education

By Daniel DiSalvo and Jeffrey Kucik
June ne 2, 2017, at 6:00 a.m.

Daniel DiSalvo Contributor

Daniel DiSalvo is a senior fellow at the Manhattan Institute and a professor of political science at the City College of New York-CUNY. He is the co-author of the Manhattan Institute report "On the Chopping Block: Rising State Pension Costs Lead to Cuts in Higher Education."

Jeffrey Kucik Contributor

Jeffrey Kucik is a professor of political science at the City College of New York-CUNY and co-author of a Manhattan Institute report titled, "On the Chopping Block: Rising State Pension Costs Lead to Cuts in Higher Education."

https://www.usnews.com/opinion/articles/2017-06-02/public-pensions-are-killing-higher-education

---------------------------

6/5/2017 10:42:23 AM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


As State Budget Revenues Fall Short, Higher Education Faces A Squeeze

March 3, 20174:47 AM ET

Eric Greitens had barely been Missouri's governor for a week when he faced a pretty tough decision: cutting the Show Me State's budget.

The state didn't get as much revenue as expected, prompting the Republican governor to cut $68 million in core funding to colleges, universities and community colleges for the current budget year. That amounts to about 8 percent of the general revenue that goes to colleges and community colleges.

And he's proposing additional cuts for next year's budget, which takes effect in July.
"Universities, college professors, administrators are going to get less money than the politicians had promised them in the past," Greitens said. "And that is one of the places where we're going to have to ask them to tighten their belts so we can fund our priorities."

Greitens isn't the only governor who's recently cut higher education spending to deal with budget woes. At least 24 states have reported that revenues this year have come in weaker than expected, according to the National Association of State Budget Officers. That has resulted in cuts to higher education spending in several states, including Iowa, New Mexico and Louisiana.

Since higher education often doesn't have a dedicated source of funding, colleges and universities frequently take a hit during bad budget years. "Higher education is called the balance wheel of state budgets," says Dustin Weeden of the National Conference of State Legislatures.

"It's a large discretionary area where states can reduce in bad times, but then in general they also tend to come back and increase higher ed budget categories when good times return," Weeden says. "The challenge has been with the most recent recession — is that the recoveries have been slower and much more sluggish and taken longer to get the tax revenue back up to pre-recession levels."

In Missouri's case, the state is legally unable to raise most taxes without a ballot measure. State Rep. Scott Fitzpatrick, who chairs the budget committee, says Greitens didn't have many options for the current year's budget.
"If I had to do it, I would have probably done it the same way as far as, where do I target the majority of the cuts," says Fitzpatrick, a Republican from southwest Missouri. "I mean, it's a difficult decision, but he probably made the right one."
While a tax increase is unlikely, Greitens created a panel to examine tax credit programs that sap hundreds of millions of dollars away from the state's coffers. But getting rid of those enticements could be politically difficult, especially since the most expensive ones rehab historic properties and bolster low-income housing.

High anxiety

Even if the cuts to university funding were no surprise, that hasn't reduced the anxiety at places like Harris-Stowe State University in St. Louis.
The historically black university is facing a more than $900,000 cut in next year's budget, a nearly 10 percent cut in the funds the state appropriates. Harris-Stowe's president, Dwaun Warmack, says the cut could lead to some tough choices, including a potential tuition hike.

"We've prided ourselves on keeping our tuition low and ensuring that we're not putting it on the backs of the students and the residents here," Warmack says. "But with these types of cuts — in order to survive and for all of our institutions to be successful, we may have to look at tuition increases. And that's unfortunate."
Still, Greitens' budget proposal is just that — a proposal. It's still possible that legislators may be able to find money to reduce the size of higher education cuts.
For Harris-Stowe students like Taevin Lewis, a robust scholarship network for her fellow classmates may offset the impact of tuition increases.
But Lewis, who serves as the president of the school's student government, says she has talked with students at other schools looking at budget cuts. And she says the sense of dread and uncertainty is difficult to take.
"I would just ask [legislators] how higher education is kind of like the pathway to creating a better life," Lewis says. "I would just ask legislators: How can we progress and move forward as a society if we're not investing in things like higher education?"

http://www.npr.org/2017/03/03/517073825/as-state-budget-revenues-fall-short-higher-education-faces-a-squeeze

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Quote; "At least 24 states have reported that revenues this year have come in weaker than expected"


WHY?

6/5/2017 11:40:02 AM Pensions are killing higher education  

mr_bad_robot
Over 10,000 Posts!!! (18,478)
Cincinnati, OH
42, joined Jul. 2014


I sure don't see it. State colleges are still going strong.

6/5/2017 12:00:37 PM Pensions are killing higher education  
pahoalookout
Over 2,000 Posts (2,605)
Dearborn, MI
76, joined Nov. 2007


I see no reason not to cut the budget at U of Missouri. Student enrollment has leveled off, businesses around the campus are closing, the area is perceived as not safe. The black football players went on strike to not practice or play until their demands are met. Student protests are on the edge of violent.

Are the tax payers in Missouri really interested in paying more to support the spoiled brats at Columbia in there hissy-fits???




A frame from Schierbecker's video made famous by social media: Melissa Click tells Schierbecker "you need to get out." and later yells "I need some muscle over here"

6/5/2017 12:51:01 PM Pensions are killing higher education  
mralwaysrite
Over 2,000 Posts (3,966)
Estevan, SK
55, joined Feb. 2014


Quote from pahoalookout:
I see no reason not to cut the budget at U of Missouri. Student enrollment has leveled off, businesses around the campus are closing, the area is perceived as not safe. The black football players went on strike to not practice or play until their demands are met. Student protests are on the edge of violent.

Are the tax payers in Missouri really interested in paying more to support the spoiled brats at Columbia in there hissy-fits???




A frame from Schierbecker's video made famous by social media: Melissa Click tells Schierbecker "you need to get out." and later yells "I need some muscle over here"


Quote: Are the tax payers in Missouri really interested in paying more to support the spoiled brats at Columbia in there hissy-fits???

NOPE, so let's transfer the cost to the federal tax payers.



[Edited 6/5/2017 12:53:06 PM ]

6/5/2017 2:35:29 PM Pensions are killing higher education  

mr_bad_robot
Over 10,000 Posts!!! (18,478)
Cincinnati, OH
42, joined Jul. 2014


New York state teachers on Long island earn on average $161.000.