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New Post Up on Community Voices at the Star Tribune

Tweet:

What Portion of Educational Costs Is Covered By Tuition at University of Minnesota?
| StarTribune.com http://bit.ly/cDhKOd #UMN #Minnesota

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Related to this post is an earlier one on UThink:

Letter from Lake Wobegon U


From that post:

TuitionRevnueExpenses.png


The above figure was included in a pdf that is downloadable from the Board of Regents site. The document is purported to be the report of the external audit team. Supposedly, that's all there is, there isn't any more. I wonder how much this so-called audit cost? If this is actually all there is to it, then the whole process appears to be a sham.

I'd like to know the numbers behind the bar graph and am looking into the matter. But at first glance they imply that tuition revenue now covers 85% of the cost of instruction at the U. This money, plus state support, should more than cover what it costs to educate a student at the U.

This point is crucial because tuition should not be considered a revenue stream to help fund the ambitious aspirations of the university administration (aka the Morrill Hall crowd) to become one of the top three public research universities in the world [sic].
The cost for this grandiosity should not be on the backs of students and their parents.

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