<p>That really is something to be proud of, but it symbolizes one step forward in a year when FSU (and many other, especially public, universities) have taken numerous steps back. FSU is shutting down an entire department (Anthro) for goodness sake…and a pretty good one at that. I’m not a Harvard fan, but that would never happen there.</p>
<p>Reality of life at a state university, I suppose. Unlike the private school Harvard, which has billions in reserve, FSU and virtually all other state schools have to set priorities, especially during times of funding restraint.</p>
<p>Harvard is getting clobbered by the economy too just like everyone else, only on a larger scale. America’s richest college is laying off staff and surely making more changes to services and programs in the future. Harvard’s endowment dropped in value the last year around $12billion to a today value estimated at around $25billion. In other words, Harvard’s loss of $12billion the past 12 months equals 40 X’s the approximate today worth of FSU’s total $300million endowment. Needless to say that is quite a mega-hit in Harvard’s wallet.</p>
<p>I’m not quite sure on what basis Florida State University is making that claim.</p>
<p>Since 2005, the University of North Carolina at Chapel Hill has produced six Rhodes Scholars: Kate Harris, Rachel Mazyck, Ben Lundin, Adrian Johnston, Aisha Ihab Saad, and Elisabeth “Lisette” Yorke.</p>
<p>While Harvard has taken a massive hit, the size of its reserves dwarf FSU’s highest hopes. This underscores the importance of selecting the absolute best successor to Whetherall (sp?). </p>
<p>While the debate may rage over Bobby’s succession plan, the truly important debate should be centered on who will lead FSU forward. A good president will set the university’s goals and attract money. If you look at the University of Miami, for example. Ms Shalayla (sp?) has managed to multiply that school’s endowment handsomely. She did the same for the University of Wisconsin. </p>
<p>I am harping on this subject only to encourage FSU’s supporters to look past political cronyism and regional bias. The next president of FSU needs to be a global player. If FSU misses this opportunity, it will be stuck in the muck of mediocrity for decades. However, if the right person is chosen, the university could be propelled into the highest echelons. </p>
<p>To that end, I say: spend a lot of time looking for the best. Then, do not quibble over salary. Make sure that you pay your president more than your football coach. I promise that you will never regret it.</p>
<p>If FSU can develop Rhode Scholars with little or no money, imagine what it can do with billions in its endowment.</p>