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RE: NYTimes.com: College May Become Unaffordable for Most in U.S.
It's interesting how tuition and fees can account for a
surprisingly small percentage of a university's income. The
University of Illinois, for example, gets only 15-16% of its
income from tuition and fees. Even more interestingly for a state
university, the state of Illinois only supplies about 30% of the
UI's income.
Bernie Sloan
Sora Associates
Bloomington, IN
--- On Fri, 12/5/08, Jim Jordan <jj2143@columbia.edu> wrote:
> From: Jim Jordan <jj2143@columbia.edu>
> Subject: RE: NYTimes.com: College May Become Unaffordable for Most in U.S.
> To: liblicense-l@lists.yale.edu
> Date: Friday, December 5, 2008, 4:51 PM
>
> A painful observation but I question the conclusion. With some
> university departments relying on endowment income for up to
> 50% of their operating costs, I'd say the deeper hits are
> elsewhere. Academic publishers on the average have gotten by
> for many years on 10% or less of their operating costs coming
> from university subsidies or endowment income.
>
> It won't be easy for any of us.
>
> James D. Jordan
> President and Director
> Columbia University Press
> New York, NY 10025
>
>
> -----Original Message-----
> From: owner-liblicense-l@lists.yale.edu
> [mailto:owner-liblicense-l@lists.yale.edu] On Behalf Of
> Thomas Krichel
> Sent: Thursday, December 04, 2008 3:50 PM
> To: liblicense-l@lists.yale.edu
> Subject: Re: NYTimes.com: College May Become Unaffordable
> for Most in U.S.
>
> nawin.gupta@comcast.net writes
>
>> EDUCATION | December 03, 2008
>> College May Become Unaffordable for Most in U.S.
>> By TAMAR LEWIN
>>
>> Tuition and fees increased 439 percent from 1982 to 2007,
>> while median family income rose 147 percent.
>
> After the stock market bubble, the housing bubble, this is the
> next bubble to burst. Colleges will have to cut cost, and
> libraries (and the academic publishing sector), will be among
> the hardest hit.
>
> Cheers,
>
> Thomas Krichel
> http://openlib.org/home/krichel
>
> RePEc:per:1965-06-05:thomas_krichel
> skype:
> thomaskrichel