Canisius to lay off staff, assistant coaches as part of athletic budget cuts
“This month, the University of Texas at San Antonio laid off 69 instructors, while the University of Michigan, Flint, last month eliminated more than 40 percent of the 300 lecturers who handle a majority of the teaching load on campus. Since May, Ohio University has had three rounds of layoffs, including more than 50 nonunionized faculty members.” Around the country, a similar picture emerges: a $1 billion deficit at the University of Michigan; $77 million at the University of Rochester; $100 million at Fordham; $55 million at Quinnipiac; $375 million at Johns Hopkins, and $31 million at Erie Community College here in Buffalo"
The $100 Million at Fordham is a surprise. Thats a big amount that is not expected
Last Edit: Jul 22, 2020 14:22:14 GMT -5 by JoeStag
what revenue stream are they missing? College are still charging full freight tuition. I understand costs increased but those should be absorbed by cuts in other areas like travel, maintenance, etc. This reeks of endowments got whacked and panic sold at the bottom and have debt payments coming up.
Post by brokenboat on Jul 22, 2020 16:16:39 GMT -5
I never wish anyone loses their job. However the astronomical increases in tuition relative to inflation are from a bloated system. Much of these cuts are necessary and I believe more students will be cost conscious and ROI focused than they have in the past.
I would expect costs to increase substantially as a result of preparations that universities will be undertaken to protect students. For example food services at FF will be spread out over several locations to keep students apart while dinning. Increased sanitation/ cleaning and altered facility operations will alI contribute to increased costs. Yet at the same time, once all of the emotion over these changes reduces , followed by diminished media attention most schools will figure out what Is necessary and manage the costs downward. I do agree that college operating costs continually exceed inflation + because education is a historically inefficient/ bloated industry.
Unless alcohol and assorted college funk kills it - if these kids go back in the dorms/townhouses, they'll all catch it within a few weeks. Or, maybe college is different now... I don't know.
a lot of college students are asking this year , why should we pay 50k+ to learn online? can knock off a few transferable courses at a local CC and save some dough. Then go back to a campus when its safe. Not sure many places are hiring right now so what's the rush?
a lot of college students are asking this year , why should we pay 50k+ to learn online? can knock off a few transferable courses at a local CC and save some dough. Then go back to a campus when its safe. Not sure many places are hiring right now so what's the rush?
This is the biggest issue. The cost/value analysis goes right out the window. It would probably impact freshman and sophomores as these core classes are more easily transferable.
And even if you are on campus, what will that experience be?
I don't think it's worth $50-60K. For a well to do family it is probably not an issue. But for the average college kid borrowing thousands of dollars, if you can defer a year and still get your degree from FU vs. University of Phoenix, why not.
The strategy for the university is really limited to how do we absorb the loss and look ahead to the fall of 2021.
I would expect costs to increase substantially as a result of preparations that universities will be undertaken to protect students. For example food services at FF will be spread out over several locations to keep students apart while dinning. Increased sanitation/ cleaning and altered facility operations will alI contribute to increased costs. Yet at the same time, once all of the emotion over these changes reduces , followed by diminished media attention most schools will figure out what Is necessary and manage the costs downward. I do agree that college operating costs continually exceed inflation + because education is a historically inefficient/ bloated industry.
Just a thought regarding Fairfield possibly using extra facilities in order to protect students. Let's talk about your example of food services on campus. Is it possible, and I'm only asking because to be honest I don't know if this would work, but since it appears as though Alumni Hall will not be going anywhere for a while, maybe part of that building could be used for a dining option? Or something else? There's a lot of room at the end when the bleachers are pulled back. If we can't get rid of it why not make use of it for something important, right?
I read in the university re-openIn good plan FF intends to prioritize the use of buildings on campus that have modern air handling systems installed. For example the Dolan Business school (DSB) is one of many buildings on-campus with that capacity. The “ great hall” a large space in DSB will be used as a food service space , allowing the Tully commons in the Barone Campus center to reduce capacity by 50%. DSB is equipped with a HVAC system that can turn over the interior air several times per hour and bring in Cooled/heated and filtered fresh air regularly . Alumni hall on the other hand has none of the above capacities, so I would think the use of AH would be limited. Logically then, If allowed to have a basketball season this winter none of the stags home games should be in Alumni IMO. The WBA is the only facility that should be used for home games. Equipped with a modern HVAC system, spacious restrooms , large circulation spaces , multiple food service locations and outdoor ticket booths it is the ideal place for the small home crowds to attend and maintain social distancing.