Funding Breakdown for Construction Projects
At today’s Penn State Board of Trustees meeting, an appendix was circulated that broke down the university’s ongoing major construction projects (those with total cost greater than $5 million). The breakdown is especially interesting given the news that Penn State is postponing authorization of such construction projects until the uncertainty surrounding Penn State’s appropriations vis-à-vis the Pennsylvania budget has dissolved.
The table below is interesting for a number of reasons, not least of which is the fact that commonwealth funding is clearly being directed towards University Park construction initiatives (though to be sure, none of the projects receiving commonwealth funding are geared towards athletics or general student life). Have a look, and let us know if you see anything worth following up on.
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To paraphrase Mark Twain: The reports of higher education’s death have been an exaggeration. American universities produce more research and relevant knowledge for the world at large than any other institutions I know of. Tuition may be too damn high, but over the long-run, undergraduate degrees are definitely worth the cost. But Penn State could be so much more. It used to be, I think.