ManualF150
.308 Win
I hate paywalls...
In any event, you reap what you sow... it is an unsustainable operation. Right in black and white.
Good, I hope all them schools close up shop. They are big money wasters for taxpayers. Especially illegals trying to get a free education off us taxpayers.
Here's what it said:
ALBANY — State university leaders are asking the state for regular increases in aid or permission to increase tuition, warning that they need more money to stave off huge annual deficits that could balloon to $1 billion in a decade.
Without help, “SUNY will fail to achieve operational sustainability,” State University of New York Chancellor John B. King Jr. and his staff wrote in a report that describes in stark terms the financial state of New York’s public colleges and universities. The report was sent to Gov. Kathy Hochul and the state Legislature on Friday.
In the upcoming academic year, the SUNY system will have a $244 million deficit if nothing changes - though officials said they expect at least some improvement, particularly because community colleges are required to submit balanced budgets.
The potential deficit calculation took into account changes made by two of its campuses — Fredonia and Potsdam — that announced cuts to try to get into the black. The report indicates a wider financial problem throughout the system though it does not identify specific deficits at its other colleges or universities. Three other colleges are described in the report as taking steps to address deficits: Maritime, Delhi and Buffalo State.
In 10 years, the SUNY system will have a $1.1 billion annual budget shortfall if expenses and revenues continue as currently projected, the report said. In 2033-2034, the SUNY system would cost $6.9 billion a year.
But if the system increases tuition — described as “modest, differential tuition increases” — or receives consistent increases in state aid, that deficit would be reduced to $89.1 million a year. A deficit of that size, the report said, “could be readily managed through efficiencies, collaboration and other actions.”
The report did not ask for a specific amount of state aid.
When state lawmakers agreed last year to give the SUNY system $163 million in additional funding, the budget required SUNY to submit a long-range plan on the system’s financial and academic sustainability. The new report is the response to the requirement.
It does not predict that enrollment would increase enough to make up for the $1.1 billion deficit, though it noted that continued increases in enrollment are essential. The financial prediction assumes university centers will see an enrollment increase of 0.5 percent per year, and that enrollment at community colleges will increase by 2.1 percent per year.
That’s less than the increases in 2023, and takes into consideration the birth rate in the United States. There will be fewer 18-year-olds every year for at least the next 18 years, based on Census data.
SUNY has increased recruitment and is also trying to draw adults, and the freshman class this school year was 4.3 percent higher than last year. But officials said they’ll have to cut back at college campuses as well.
Their plan, as proposed in the report, is to have each campus lean into its strengths — whether that’s theater or seafaring. In addition, SUNY would not offer every typical major at every campus. Majors with few students enrolled might be dropped. Most likely to be cut are programs in the humanities, which saw the greatest loss in enrollment over the last 20 years.
Campuses should also work together whenever leaders want to offer expensive new programs, the report said, calling for such programs to be “developed collaboratively and regionally rather than individually and inefficiently.”
Hiring spree
At the same time, SUNY is hiring many more professors.
The idea is that SUNY must invest in each campus so that they thrive, officials said. So while some degree programs are already being cut — which is expected to lead to layoffs — those same campuses may hire new professors for other programs. In some cases, campuses need more professors for programs that have an abundance of students.
The 2022-23 increased state aid included $53 million for new full-time faculty, and 325 full-time faculty have been hired at state-operated and community colleges with the help of that funding. In addition, many colleges continued to hire new faculty with their existing budgets — both to fill vacancies and for new positions. The University at Buffalo hired 154 faculty this year. In total, about 700 faculty were hired last fall at state-operated campuses.
Humanities
While each campus has different programs that are the most popular, there is one clear trend: Humanities are falling. At both associate's and bachelor's degree levels, humanities has seen the biggest drop in enrollment in the last 20 years.
In 2003, 8 percent of bachelor’s degree students were enrolled in a program in the humanities, which includes a multitude of topics from literature to philosophy. It’s defined differently at individual campuses but can include political science, writing and theater.
At the associate’s degree level, 47 percent of students were enrolled in the humanities. That has dropped to 4 percent in bachelor’s programs and 36 percent in associate’s programs.
The biggest enrollment increases in that period were in health, life sciences and math-related programs.
Based on enrollment trends, campus leaders predict they will also see growth in business, management and public administration programs, as well as architecture, engineering and related programs. Some campuses are making a bet on that growth by adding professors and programs in those areas.
That’s even happening at SUNY campuses that are closing programs. At SUNY Fredonia, where enrollment has fallen by 40 percent, officials have proposed adding a Master of Business Administration degree in accounting in 2024.
SUNY warns of future $1B deficit without higher tuition or more aid
"SUNY will fail to achieve operational sustainability” without help, SUNY leaders said in a report submitted to Gov. Kathy Hochul and state Legislature.
www.timesunion.com
In any event, you reap what you sow... it is an unsustainable operation. Right in black and white.
Good, I hope all them schools close up shop. They are big money wasters for taxpayers. Especially illegals trying to get a free education off us taxpayers.
Here's what it said:
ALBANY — State university leaders are asking the state for regular increases in aid or permission to increase tuition, warning that they need more money to stave off huge annual deficits that could balloon to $1 billion in a decade.
Without help, “SUNY will fail to achieve operational sustainability,” State University of New York Chancellor John B. King Jr. and his staff wrote in a report that describes in stark terms the financial state of New York’s public colleges and universities. The report was sent to Gov. Kathy Hochul and the state Legislature on Friday.
In the upcoming academic year, the SUNY system will have a $244 million deficit if nothing changes - though officials said they expect at least some improvement, particularly because community colleges are required to submit balanced budgets.
The potential deficit calculation took into account changes made by two of its campuses — Fredonia and Potsdam — that announced cuts to try to get into the black. The report indicates a wider financial problem throughout the system though it does not identify specific deficits at its other colleges or universities. Three other colleges are described in the report as taking steps to address deficits: Maritime, Delhi and Buffalo State.
In 10 years, the SUNY system will have a $1.1 billion annual budget shortfall if expenses and revenues continue as currently projected, the report said. In 2033-2034, the SUNY system would cost $6.9 billion a year.
But if the system increases tuition — described as “modest, differential tuition increases” — or receives consistent increases in state aid, that deficit would be reduced to $89.1 million a year. A deficit of that size, the report said, “could be readily managed through efficiencies, collaboration and other actions.”
The report did not ask for a specific amount of state aid.
When state lawmakers agreed last year to give the SUNY system $163 million in additional funding, the budget required SUNY to submit a long-range plan on the system’s financial and academic sustainability. The new report is the response to the requirement.
It does not predict that enrollment would increase enough to make up for the $1.1 billion deficit, though it noted that continued increases in enrollment are essential. The financial prediction assumes university centers will see an enrollment increase of 0.5 percent per year, and that enrollment at community colleges will increase by 2.1 percent per year.
That’s less than the increases in 2023, and takes into consideration the birth rate in the United States. There will be fewer 18-year-olds every year for at least the next 18 years, based on Census data.
SUNY has increased recruitment and is also trying to draw adults, and the freshman class this school year was 4.3 percent higher than last year. But officials said they’ll have to cut back at college campuses as well.
Their plan, as proposed in the report, is to have each campus lean into its strengths — whether that’s theater or seafaring. In addition, SUNY would not offer every typical major at every campus. Majors with few students enrolled might be dropped. Most likely to be cut are programs in the humanities, which saw the greatest loss in enrollment over the last 20 years.
Campuses should also work together whenever leaders want to offer expensive new programs, the report said, calling for such programs to be “developed collaboratively and regionally rather than individually and inefficiently.”
Hiring spree
At the same time, SUNY is hiring many more professors.
The idea is that SUNY must invest in each campus so that they thrive, officials said. So while some degree programs are already being cut — which is expected to lead to layoffs — those same campuses may hire new professors for other programs. In some cases, campuses need more professors for programs that have an abundance of students.
The 2022-23 increased state aid included $53 million for new full-time faculty, and 325 full-time faculty have been hired at state-operated and community colleges with the help of that funding. In addition, many colleges continued to hire new faculty with their existing budgets — both to fill vacancies and for new positions. The University at Buffalo hired 154 faculty this year. In total, about 700 faculty were hired last fall at state-operated campuses.
Humanities
While each campus has different programs that are the most popular, there is one clear trend: Humanities are falling. At both associate's and bachelor's degree levels, humanities has seen the biggest drop in enrollment in the last 20 years.
In 2003, 8 percent of bachelor’s degree students were enrolled in a program in the humanities, which includes a multitude of topics from literature to philosophy. It’s defined differently at individual campuses but can include political science, writing and theater.
At the associate’s degree level, 47 percent of students were enrolled in the humanities. That has dropped to 4 percent in bachelor’s programs and 36 percent in associate’s programs.
The biggest enrollment increases in that period were in health, life sciences and math-related programs.
Based on enrollment trends, campus leaders predict they will also see growth in business, management and public administration programs, as well as architecture, engineering and related programs. Some campuses are making a bet on that growth by adding professors and programs in those areas.
That’s even happening at SUNY campuses that are closing programs. At SUNY Fredonia, where enrollment has fallen by 40 percent, officials have proposed adding a Master of Business Administration degree in accounting in 2024.