Your article makes it seem like the faculty are greedy. How about putting a couple of facts in the article instead of just taking the word of the administration on the question of finances. The last available audited financial statements show that between 2009-10 instructional costs increased only by $0.4 million 0.05% while institutional support (administration) spending went up by $3 million or 12.8%. How about the fact that unrestricted net assets increased from $26.2 million to 34.1 million between 2008 and 2011. What about the fact that between 2006 and 2010 enrollment increased by 12.6%. Since the University is barely increasing instructional spending what are they doing with all of the additional revenue from the enrollment increases?
August 8, 2011 at 1:26 p.m.