Started By
Message
locked post

West Virginia University going down the Toilet

Posted on 5/28/23 at 6:40 am
Posted by jangalang
Member since Dec 2014
45382 posts
Posted on 5/28/23 at 6:40 am
LINK

Pretty good (TLDR)read on the budget issues at West Virginia University. The school’s deficit keeps getting bigger while enrollment keeps getting smaller, and they’ve yet to reach the demographic cliff, where fewer kids will be ready and available to go to college to keep the hampster wheel rolling.

Posted by genuineLSUtiger
Nashville
Member since Sep 2005
75856 posts
Posted on 5/28/23 at 6:43 am to
Oh no. Anyway
Posted by sledgehammer
SWLA
Member since Oct 2020
5548 posts
Posted on 5/28/23 at 6:44 am to
Country roads, take me home
To the place I belong…
Posted by bird35
Georgia
Member since Sep 2012
13124 posts
Posted on 5/28/23 at 6:44 am to
Cut the bottom five degrees and programs yearly until the budget balances.

Not that hard.

Posted by jangalang
Member since Dec 2014
45382 posts
Posted on 5/28/23 at 6:48 am to
quote:

Congelio reveals that they discovered a $14 million deficit in for FY 2023


quote:

Mar 27: SOTU address announces $35 million deficit for FY 2024


quote:

April: Alsop and Reed announce that the estimated FY 2024 budget deficit is now $55 million, expected to grow to more than $70 million annually by 2028
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
62977 posts
Posted on 5/28/23 at 6:48 am to
I think the traditional university model is dying and needs to die.


Spending a shite ton of money to live near/on a campus for 4 years doing a bunch of weird shite isn't cost-effective anymore.


College is too expensive for universities to waste so much money on ridiculous departments and courses.


It doesn't matter what the younger generations want, there isn't going to be enough money in the world to accommodate them. Emotional support centers, this service, or that, it all costs a pretty penny and 98% of the student body is paying thousands a semester for services they'll never use.


Posted by jangalang
Member since Dec 2014
45382 posts
Posted on 5/28/23 at 6:49 am to
quote:

Cut the bottom five degrees and programs yearly until the budget balances. Not that hard

They need the kids. Why would they be cutting anything?
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
75068 posts
Posted on 5/28/23 at 6:50 am to
quote:

it all costs a pretty penny and 98% of the student body is paying thousands a semester for services they'll never use.


Seems like a good introduction to what being a contributor is like in today's society.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
130417 posts
Posted on 5/28/23 at 6:53 am to
Colleges need to move online. Cut 90% of costs, sell buildings, save taxpayers billions a year.
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
6775 posts
Posted on 5/28/23 at 6:57 am to
quote:

Colleges need to move online. Cut 90% of costs, sell buildings, save taxpayers billions a year.


This works for everything that doesn’t require labs, which are generally in demand roles. Nurses, engineers, etc. those jobs are what we should be promoting.
Posted by bird35
Georgia
Member since Sep 2012
13124 posts
Posted on 5/28/23 at 6:57 am to
The number of kids enrolled in business, education and engineering is large and those programs are profitable.

The number of kids majoring in ballet, ceramics and Ancient Greek literature is small and losing money. Cut the five least profitable programs a year until the budget balances.

A kid can still major in ballet, just not at WV.

This post was edited on 5/28/23 at 6:58 am
Posted by thejuiceisloose
Member since Nov 2018
5495 posts
Posted on 5/28/23 at 6:59 am to
quote:

sell buildings


Who’s buying?
Posted by 0x15E
Outer Space
Member since Sep 2020
14446 posts
Posted on 5/28/23 at 7:03 am to
quote:

West Virginia University going down the Toilet


Is it 1892?
Posted by mule74
Watersound Beach
Member since Nov 2004
11834 posts
Posted on 5/28/23 at 7:06 am to
frick colleges and universities. They have been gouging the public and government for years while failing to fulfill the critical role they are supposed to play to our society.

College is no longer preparing kids for the for the jobs they will face or for the basic realities of the real world.

We could use a 50% reduction in higher learning institutions IMHO.
Posted by Mr Happy
Member since May 2019
1847 posts
Posted on 5/28/23 at 7:07 am to
quote:

Colleges need to move online. Cut 90% of costs, sell buildings, save taxpayers billions a year.

I agree with you, but this is the opposite of what universities are doing. They are building recreational centers, luxury dorms and offering fashionable but worthless courses of study. The raising tuition and relying on government support and money from student loans. Very few benefit from this.

quote:

Congelio reveals that they discovered a $14 million deficit in for FY 2023

They could also improve their accounting department.
This post was edited on 5/28/23 at 7:51 am
Posted by AlextheBodacious
Member since Oct 2020
2501 posts
Posted on 5/28/23 at 7:08 am to
WVU is too large for how small the state is. The last decade or two the school started focusing heavily on out of state students. They went to neighboring states and would do on the spot admissions at HS. WVU became a place for kids from VA, MD, PA who didn’t get into decent state schools and didn’t want to go to community college. Idaho, NH, Maine, Montana, and Vermont are all comparable states and their flagship universities have half the enrollment of WVU. WVU doesn’t need to focus on sports nearly as much as it does either with the lack of in state talent that they have.
Posted by LSU-MNCBABY
Knightsgate
Member since Jan 2004
24863 posts
Posted on 5/28/23 at 7:13 am to
West fricking Virginia
Posted by jlovel7
Louisiana
Member since Aug 2014
22808 posts
Posted on 5/28/23 at 7:15 am to
Lots of friends and family who went there. That’s tragic.

ETA: it’s like Alabama. >50% OOS.

In my time visiting there. I maybe met 1-2 kids from WV. most were from Maryland and New Jersey and NOVA.
This post was edited on 5/28/23 at 7:16 am
Posted by jangalang
Member since Dec 2014
45382 posts
Posted on 5/28/23 at 7:19 am to
quote:

The number of kids enrolled in business, education and engineering is large and those programs are profitable.

The number of kids majoring in ballet, ceramics and Ancient Greek literature is small and losing money.

Cut the five least profitable programs a year until the budget balances. A kid can still major in ballet, just not at WV.

I don’t know what kind of curriculum schools should offer, but I think you’re looking at it all wrong. First, the excess in redundant positions w/in administration should be cut. Then cut the crap that’s obviously not working. They pay 150,000 a year for degreeworks and still cannot keep up with who is graduating. Then they need to re-examine their model which includes curriculum. They are issuing a lot of debt though- selling the future, but the early results are pointing toward bankruptcy.


As for your plan-
Yes engineering should be fine, and universities should pour money into their top programs as always. But even business subsets such as office administration are risky considering AI. I wouldn’t cut programs based on anything other than demand though.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
70359 posts
Posted on 5/28/23 at 7:21 am to
September 25, 2011

<—— Was there at (m)Organtown when TM13, OBJ, & Jarrett Lee spanked dat arse.

ESPN Game Summary Link

first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram