+1. UVA became independent of the Commonwealth in 2005. Since then, the endowment has soared to 16.9 billion. It can do anything it wants to do. |
| Bump |
| It seems likely to be a weekday announcement, so probably no news today |
12% of UVA's budget comes from the state. What are you talking about? |
They (Ryan and Board) didn't make it that. That is about where it has been. In fact, it was #1 public in USNWR national rankings at one time, so from that perspective it is falling. But USNWR is largely responsible for rising or falling as it depends on whatever criteria they are emphasizing at the time. |
Everything you said is wrong. |
| UVa is not private. It legally is a Virginia Public Corporation, meaning it is a part of the Commonwealth of Virginia government. BoV and Rector are appointed by the Governor. |
I don’t believe UVA ever held #1 public; however, it was #2 for quite a number of years. Solid school, resources and opportunities galore, beautiful campus… |
Nd it receives onky 6% of budget from the Commo wealth. see wiki or google it |
UVA was no 2 public for many years. That changed only because USNWR changed its algorithm to put more emphasis in Pell Grant percentages. UVA has no control over that. California wikk always have higher percentages due to higher poverty rate than VA |
wikipedia says 6% |
No one said UVA is private. What they said was that the claim that tuition was not "sustainable" due to decreased funding was a falsehood made by someone who presumed it was funded 100% by the state. UVA wanted this shift in 2005 so it could be independent of the legislature, which it is today. If UVA decided to give up the remaining 6%, it could. |
nope. 5.8% according to the Washington Post. https://www.washingtonpost.com/local/education/how-much-state-funding-does-the-university-of-virginia-receive/2013/09/12/fb999782-1baf-11e3-82ef-a059e54c49d0_story.html# |
Way to keep us distracted, but …. Any news on the actual policy?
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Why even ask? Someone is going to post as soon as there's an official announcement. |