5 ms·
I read my public university's annual finance reports, and there's been a shift away from steady general funds towards less secure non-general funds. My take-aw
by OnlyOneCannolo 6y ago
I read my public university's annual finance reports, and there's been a shift away from steady general funds towards less secure non-general funds.
My take-away is that as the formerly safe and relatively simple general state funds dried up, universities invested more in securing funding through various creative means. Which requires more and better administration.
International student tuition is a big source of general funds. But attracting and supporting them takes some investment. So universities grow and they pay more for people who can better balance the books.
University finance is very diversified now. You can't directly see most of it. But you can see a bunch of foreigners walking around campus, and you can look up state employee salaries online. They're symptoms.
The problem is that finance is getting more complicated.
I think. This is just my layman's understanding.