Use Surplus To Boost University Endowments (Opinion)

Ann McClure's picture
Monday, June 25, 2012

A budget surplus is a good challenge for a state to have, said Gov. Jack Dalrymple at a meeting at the Herald last week.

But it's still a challenge. The state has infrastructure, housing, tax relief and other needs, he noted. Lawmakers must be wise in allocating the funds, taking special care not to grow government, infrastructure or anything else past levels that need an oil boom to be sustained.

Along those lines, here's an idea through which some portion of the surplus could help North Dakotans not just now, but forever, and not only during boom times, but also -- maybe especially -- during busts:

North Dakota should take this historic chance to permanently strengthen its university endowments.

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