Monday, July 13, 2009

Seed Corn: It's What's For Dinner

Those Libertarian and other readers who know Ayn Rand's Atlas Shrugged, know all about "eat the seed corn", where in the face of disaster one consumes that which is needed to survive in the longer term. In my opinion the dismantling of publicly funded education to balance state budgets falls into this category. While I have focused in the past on California, many states and their higher education institutions are facing difficult times.

In keeping with the stated focus on RO1 vs. MCU and PUI institutions I note that Inside Higher Education is running a series this week on the California budget disaster and the effect on higher education. They begin today on the University of California system (the publicly funded RO1 system) and will cover the California State University system (the publicly funded MCU and PUI system) later in the week. I don't know what they will say, but I look forward to some informative reporting.

T.S. Hall

2 comments:

  1. The UC may have to totally knock its crap off. Using Higher Ed's numbers in the article ($19.2 billion for 225,000 students) the per pupil spending is ~$85,000/student/year. This is ridiculous. They can't get the job done with any less than that? WTF?

    Think about it. At UCLA the student to faculty ratio is 18:1. That would mean a faculty member is worth $1.5 million! Where did the money go?

    The Census Bureau released numbers for K-12 in 2008 which came out to ~$10,000/student/year. Another ridiculous amount. That would mean a Kindergarten teacher's class is typically worth $300-400,000!! Where did all that money go?

    The UC definitely has some issues it needs to take care of, it's totally ridiculous to take in that much money per student and STILL have a money issue whenever the state has a hiccup. Especially one that only accounts for 4-5% of their TOTAL budget.

    ReplyDelete
  2. AlchemX,

    I think that with the exception of the 16% that comes from the state and the tuition, the rest of the 19.2 billion is connected to the various other programs (mostly research and medicine) that the universities are engaged in. The state is providing about $13,650 in per student. What the article appears to be saying is that the state is cutting the educational mission away. At least that's what I got out of the article.

    T.S. Hall

    ReplyDelete