University officials discuss how to combat rising costs

Stefanie Botelho's picture

Methods of handling student cost of enrollment, faculty compensation and new sources of revenue, among other concerns, were addressed at an open forum led by Ohio University budget executives Tuesday in Baker University Ballroom.

With the audience comprised mostly of faculty and budget executives, OU budget director Chad Mitchell detailed different budget scenarios varying in percent of tuition growth. Associate Provost for Budget and Academic Planning John Day summarized investment choices as well as future budget estimations on debt and compensation.

Steps on top of the Ohio Guarantee, such as redistributing $700,000 of provost funding and $400,000 from student-health services, were outlined to save costs to expedite services, as well as 40 new endowed scholarships to help manage student costs.

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