Word: budgeting
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...long-serving 19th-century president James Angell used to say that the school provided "an uncommon education for the common man." But many are starting to wonder if that mission is still possible. And Michigan is not the only public university in crisis. As states across the country face budget shortfalls, leading schools like the universities of Wisconsin, North Carolina and Virginia increasingly depend on support from outside their home states, either in the form of philanthropy or in top tuition rates paid by a growing number of wealthy out-of-state students. The result has already been a quasi...
...James Duderstadt, UM president from 1988 to 1996, has argued for years that it is a misnomer to call schools like the University of Michigan "state universities." The state's annual contribution to the school's operating budget is now less than 6%, about half the share that California puts into its state schools and roughly the same level as Virginia. "The state is our smallest minority shareholder," says Duderstadt. (See TIME's special report on paying for college...
...holy captain's chair, Scott Bakula (borrowed from - wait for it - Quantum Leap). Not even Jolene Blalock with Vulcan ears could save it. Enterprise became the first Star Trek to be canceled for low ratings. Meanwhile, at the box office, Insurrection made back its $60 million budget, but not by much. Star Trek was always, at heart, a franchise owned by the fans, and it seemed as if the fans were returning it to sender...
Fiscal belt-tightening measures in College and House libraries have hurt the job prospects of students looking for employment among the stacks. As the Houses contend with a University mandate to cut their budgets by 25 percent, some libraries are preferentially hiring students on work-study, whose wages are subsidized by the federal government. In Kirkland, for example, though applications poured in earlier this year—according to Kirkland House library tutor Allison K. Rone ’06, about 60 students applied—the House could not afford to accommodate as many undergraduates who did not qualify...
School committee member Alfred B. Fantini, who said that this money “can’t be used to substitute budget problems,” added that he believes the funds will probably go to non-recurring costs such as professional development and training...