Report: U-Va Should Be a Private University

muckdogs07
Sat, 14 Sep 2013 06:47:06 +0000

Agree with Golffather that this has Sullivan’s footprints all over it, ie the reaffirmed commitment to liberal arts some of which Dragas wanted to cut; cut in-state student levels; more aid for poor (and interestingly STEM students). Essentially this proposal is similar to the current state of affairs at the law and business schools, except with s bit more Commonwealth oversight. Just as a rough barometer, does anyone know whether the law/business school rankings have gone up since they went private?

Based on some back of the envelope calculations increasing tuition to OOS levels for all students would net about $170ml in revenue above current levels (assume 14K students, 70% in-state = 9800 X $27,600 (appx difference between in and OOS tuition levels) = a little over $270 million in revenue, minus the $100 ml loss of state funding, equals net revenue increase of $170 ml).

Am in-state and have one child at UVA (sophomore). Hope this is more of a shot across the bow of the Commonwealth government re increase our funding or else as opposed to a serious proposal. Do not think this is remotely consistent with TJ’s vision and find it interesting the draft proposal does little more than pay lip service to TJ.