Economy

The Grand Rapids Press in its Oct. 2 editorial rightly points out that the cost of public higher education is an issue worthy of serious public discussion. As The Press observed, this need not be a debate about governance. Rather, it’s about what we can do together to make college more affordable.

Southern University Chancellor James Llorens says he may again request that the college declare a financial emergency because of ongoing budget problems. Partly because of disputes over voluntary faculty furloughs, Llorens tells The Advocate the Southern Board of Supervisors may reconsider the emergency request, called exigency, when board members next meet Oct. 28.

The University of Colorado's Boulder campus — with less than 5 percent of its budget coming from the state — ranks as the lowest funded flagship university in the nation, Chancellor Phil DiStefano said at his annual state-of-the-campus address this morning.

In an upbeat address to faculty Thursday, University of South Alabama President Gordon Moulton credited the faculty with weathering an economic storm that has resulted in fewer salary increases.

Will voters accept a tax increase if they know that the money won't go to salaries and benefits and the rates could go back down in 10 years?

The state must reinvest in its universities to meet ambitious goals of boosting its number of college graduates, University of Wisconsin System President Kevin Reilly said Thursday.

The voice vote was unanimous to endorse the ballot measure, which would raise state income and sales tax rates for five years to provide additional funding for education. The motion was made by Commissioner Jim Polsfut, a Democrat from the 7th Congressional District.

University uses endowment to back tech companies

By 2018, 63 percent of all of US jobs will require some form of postsecondary education or training, according to estimates by the Georgetown University Center on Education and the Workforce. But the United States is only on track to deliver a fraction of this education. Currently, only 38 percent of America’s young adults have a college degree, compared to 58 percent in South Korea.

An economic impact report says three of Michigan's universities are at the forefront of the state's economic resurgence.