{"id":49355,"date":"2019-09-08T13:42:18","date_gmt":"2019-09-08T20:42:18","guid":{"rendered":"http:\/\/world.edu\/?p=49355"},"modified":"2019-09-08T13:42:18","modified_gmt":"2019-09-08T20:42:18","slug":"university-of-alaska-going-bankruptlike-many-state-schools","status":"publish","type":"post","link":"https:\/\/world.edu\/university-of-alaska-going-bankruptlike-many-state-schools\/","title":{"rendered":"University of Alaska going bankrupt\u2026like many State schools"},"content":{"rendered":"

\"\"<\/p>\n

By the financial measurement standards of the Obama administration, Trump\u2019s presidency has seen an incredible boom in the American economy. Of course, those old standards are rubbish, and many of our states are running huge deficits because the economic numbers, no matter how you manipulate them, can\u2019t change the reality of our failing economy (even as I concede that Trump has done some good, much like putting a balaclava on a snowball would help it last longer in Hell\u2026).<\/p>\n

So today I\u2019m going to take a quick look at University of Alaska, although the gentle reader should understand that many state schools are seeing the same things happen to them:<\/p>\n

Financial crisis opens University of Alaska up to layoffs<\/a><\/strong><\/p>\n

Despite its relative isolation from the rest of the country, Alaska is run much like the other 49 states, i.e., incompetently. They need money, fast, and so the state government is withdrawing funding from their higher educational system:<\/p>\n

Along with a $5 million cut made by legislators, the university saw its state funding fall by $136 million, a cut of 41%<\/em><\/p>\n

Talk about a gutting! This may be a bit more brutal than what other state university systems are seeing, but I\u2019ll withhold judgement on that for a few years. So how does this system respond to this sudden loss of tax loot?<\/p>\n

Meeting in an emergency session, regents voted 10-1 to allow administrators to expedite layoffs of tenured faculty,\u2026<\/em><\/p>\n

The \u201cregents\u201d referenced above are the Board of Regents, a massive collection of politically connected (and thus very wealthy) people who run the system from the top down. A few points I want to address in that one sentence above:<\/p>\n

First, \u201ctenure\u201d is supposedly a job for life, but, as the gentle reader can see, those precious positions can be easily eliminated\u2026in fact, they\u2019re most likely to be eliminated, since tenured professors tend to be paid more (since they often devoted decades of their lives to the university, in order to get that tenure).<\/p>\n

Administrators don\u2019t have tenure, but, obviously, they don\u2019t need it. As I\u2019ve seen in many dying schools, admin are the last to go.<\/p>\n

Finally, it\u2019s a shame faculty can\u2019t vote here, I suspect the ratio would be better than 10-1 to thin out the ranks of the regents and administrators. Let\u2019s take a quick look at the mission statement here:<\/p>\n

Mission<\/strong><\/p>\n

The University of Alaska Board of Regents approved UAF’s latest mission statement at its June 8, 2012 meeting. The following statement is now contained in UA Board of Regents Policy 01.01.030:<\/em><\/p>\n

The University of Alaska Fairbanks is a Land, Sea, and Space Grant university and an international center for research, education, and the arts, emphasizing the circumpolar North and its diverse peoples. UAF integrates teaching, research, and public service as it educates students for active citizenship and prepares them for lifelong learning and careers.<\/em><\/strong><\/p>\n

Hmm. I see nothing in the above that says the point of UoA is to guarantee permanent high paying jobs for the people at the top, but seeing as they\u2019re going directly to firing faculty, it\u2019s clear what the real mission of the school is.<\/p>\n

Just like in many other states, the system is large, and sprawling:<\/p>\n

The university has main campuses in Fairbanks, Anchorage and Juneau and 13 satellite campuses. Proportionate reductions would hit UA Fairbanks, where most research facilities are located, with a $67 million reduction. UA Anchorage, which serves the most students, would see a $47 million reduction. UA Southeast would be in line for a $10 million reduction.<\/em><\/p>\n

Let\u2019s put these numbers in perspective by considering another statistic: the system has around 35,000 students. Dividing that into the $136 million cut and we see support is being reduced by around $4,000 per student. Total cost of attendance at University of Anchorage (part of the system) runs around $43,000 a year.<\/a><\/em><\/p>\n

Bottom line, the system could address its financial issues by raising tuition by more than 10%\u2014a big increase to be sure, and likely to cause student complaints\u2026but student loans could make up the difference.<\/p>\n

This is what many state systems have done\u2014withdrawn local taxpayer support and shifted the burden to the Federal taxpayer via loans. I feel for the students here, since the sudden removal of faculty could easily delay getting degrees a semester or two (the cost of this could be offset by that tuition raise, by the way\u2026).<\/p>\n

In any event, the gentle reader should understand that what will happen here is what has happened very time: faculty removed, class sizes get larger, and education is sacrificed to preserve those all-important \u201cleadership\u201d positions.<\/p>\n

It\u2019s why we have class sizes of over 1,000 now, and why there are more administrators than faculty on campu<\/a>s. Seeing as with every cut, admin get to decide whether to fire themselves, or fire faculty, the latter is no surprise.<\/p>\n

The size of the budget cuts means tough challenges, [Poo-Bah] Johnsen said. \u201cDoes one nickel and dime every one of our universities and close some community campuses?\u201d Johnsen said. \u201cWell, you can close all the community campuses and you get to about $30 million. You\u2019ve got [about] another $100 million to go.\u201d<\/em><\/p>\n

I feel for the Poo-Bah here, but at least he\u2019s already thinking about shutting down the community college system; I haven\u2019t examined Alaska\u2019s, but every system I\u2019ve looked at has been sketchy at best. I hope, when he\u2019s looking for the other $100 million, he\u2019ll consider getting rid of few hundred administrators; likely he\u2019ll just get rid of a few thousand faculty\u2026but I can hope, at least.<\/p>\n

www.professorconfess.blogspot.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By the financial measurement standards of the Obama administration, Trump\u2019s presidency has seen an incredible boom in the American economy. Of course, those old standards are rubbish, and many of our states are running huge deficits because the economic numbers, no matter how you manipulate them, can\u2019t change the reality of our failing economy (even […]\n… learn more→<\/a><\/p>","protected":false},"author":33,"featured_media":49356,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[13628],"coauthors":[],"class_list":["post-49355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-higher-education","tag-bankruptcy"],"acf":[],"yoast_head":"\nUniversity of Alaska going bankrupt\u2026like many State schools - World leading higher education information and services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/world.edu\/university-of-alaska-going-bankruptlike-many-state-schools\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_US\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"University of Alaska going bankrupt\u2026like many State schools - World leading higher education information and services\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"By the financial measurement standards of the Obama administration, Trump\u2019s presidency has seen an incredible boom in the American economy. 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