Roger Scruton over at the New Statesman had an interesting realization in his latest column. Here’s a little table comparing how well $1000 would have done this year if invested in different ways: $1000 of Nortel stock would be worth $49. $1000 of Enron stock would be worth $16.50. $1000 of Delta stock would be […]
Governor Rendell wants to pump $128 million into financial aid for students going to schools in the state system and community colleges. Students whose family income is less than $100,000 would be eligible for up to $7,600 for tuition, books, fees and room and board when they enter the 14 State System of Higher Education […]
While it isn’t quite “Dollar Dollar Bill Y’all“, Wyclef-style, the Federal Stimulus Bill that passed the House yesterday without ANY Republican support, has $150 billion in it for education. In addition to increased aid to the nation’s school districts, there will be substantial increases in grant aid to needy college students in the form of […]
There’s been a lot of talk lately around campus about Penn State expenditures. This got some of us thinking about how much money the University invests in its second greatest asset (other than us, the students, of course): its faculty. Thanks to the Pennsylvania Joint Government Commission, this query can be answered. The report sensually […]
Ben Skalina at the Collegian just broke that Graham Spanier, in a Faculty Senate meeting this afternoon, significantly changed his tack in approaching the economic crisis. Penn State President Graham Spanier introduced the possibility of laying off “select positions” at Tuesday’s University Faculty Senate meeting. While he emphasized that budget savings would mostly come from […]
Two interesting facts have come out in the past week from the minutes of the most recent Board of Trustees meeting. Penn State pays $170,000 a year to Toftrees Golf Resort and Conference Center to house the football team every night before a home game. Jan Murphy of the Patriot News did the numbers and […]