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|    Tuition increases loom at University of     |
|    26 Sep 24 01:59:18    |
      XPost: or.politics, talk.politics.guns, sac.politics       XPost: alt.politics.homosexuality       From: quack.quack@oregon.sux              Oregon is officially an ignoramus shithole. No degree from any Oregon       college is worth anything because of the Portlandistan culture.              Tuition rates at the University of Oregon could start rising faster than       expected after projected budget shortfalls were announced this week       during a meeting of the university's board of trustees.              Jamie Moffitt, senior vice president for finance & administration and       UO's chief financial officer, presented financial projections for fiscal       years 2024 to 2029. Moffit said current projections, based on       orientation numbers and housing, see lower than expected out-of-state       student enrollment for the 2024-25 school year.              She said UO's targeted nonresident enrollment was 2,984 students, but       enrollment believe the actual number of nonresident students this fall       will be 2,536 — 448 under the target. Although this is a slight increase       in out-of-state students compared to 2023-24, the university had counted       on those additional tuition dollars. Projections in the coming years       continue to see an upward trend in out-of-state enrollment, but not at       the rate UO is targeting.              In-state student enrollment is increasing at a higher rate than expected       — this year expecting 2,593 new students, compared to 2,181 targeted.       Because in-state tuition is lower, a boost in enrollment would add some       revenue, but it would not completely offset the decrease in out-of-state       students.              In-state tuition and fees cost $16,137, while out-of-state cost $44,598.              "The financial impact of the smaller-than-targeted non-resident       enrollment will not be felt fully for a few years," stated the trustee's       agenda. "This is due to the fact that the small COVID-Class from fall of       2020 completed its fourth year in June 2024 with many of those students       graduating. This class is being replaced with the larger, though below       target, Fall 2024 class, which creates a one-time boost to tuition revenue."              Moffit presented three scenarios with different rates of tuition       increases starting in 2025-26, which estimate how much the university       could be under or over its funding needs:              Case A: 3% tuition increase for both in-state and out-of-state students       for each incoming cohort       Case B: 3% tuition increase for out-of-state and 4.5% increase for       in-state for each incoming cohort       Case C: 3.5% tuition increase for out-of-state and 4.5% increase for       in-state for each incoming cohort       Moffit projected Case A would lead to UO being underbudget based on the       net run rate by 2027 with the university being increasingly underbudget       each year following. Both Case B and Case C would also be underbudget by       2027, however Case B projects would be less underbudget in following       years. Case C would be overbudget by 2029.              The incoming class of undergraduate freshman for the 2024-25 school year       will be paying 3% more compared to the previous incoming class.              UO presents strategic plan       Earlier in the trustees meeting, UO President Karl Scholz and other       administrators introduced and broke down the university's new strategic       plan called "Oregon Rising."              The plan has four main focuses:              "Creating a flourishing campus"       "Pathways to timely graduation"       "Enhanced career support"       "Innovation for societal impact"       Scholz said UO took in community and stakeholder input when developing       the plan.              "Our strategic plan defines our goals, strategies and measures of       success," Scholz said. "It reflects both our aspirations and the       principles we will employ to achieve them."              On the topic of timely graduation, the presenters spoke to pushing       students to take a full 15-credit-hour load, which studies have shown       result in quicker graduation. They also recommended more mandatory       advising meetings and potentially making a policy that requires students       to choose a major by the end of their second year. The presenters also       highlighted a "finish in four" strategy.              "It's really focused on the institutional side of a student's success,"       said Grant Schoonover, interim vice provost for undergraduate education       & student success. "If over 90% of students and their families come to       UO thinking they're going to graduate in four years, if you look at our       data, something's not working. Some of that has to do with just how       we're structured and where we're meeting students at. A four-year       commitment means that our degree pathways per particular major have to       be possible to graduate in four years. You have to reduce complexity.       You have to offer the right classes at the right time to make a       difference for students so that they can graduate on time."              For enhanced career preparation, the presenters highlighted connecting       with learning outside of the classroom, collaboration with workforce       partners and utilizing the UO alumni network.              The strategic plan also intends to connect with the wider community on       environmental resilience and climate change issues, behavioral and       mental health, sports, and scientific impact through UO's programs.              https://www.yahoo.com/news/tuition-increases-loom-university-ore       on-170541180.html              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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