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Reply to "Colleges that alums always rave about"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]UVA[/b][/quote] Do they really? Is the alumni network strong and supportive? How about the percent of alumni giving? Just asking. (All the parent I know love it because of the in-state tuition, oh, and they were national champs last year in men's basketball)[/quote] https://www.forbes.com/sites/sarahhansen/2018/08/21/grateful-grads-2018-200-colleges-with-the-happiest-most-successful-alumni/#34da262e1a0a UVA does NOT make the list.[/quote] I saw that! I'm guessing the parents of in-state students love it for the price tag, but the students not so much.[/quote]Do you not THINK before you post? What schools are at the top of the list? The small expensive privates where only the wealthy and scholarship kids can now afford to attend ergo the wealthy donate and the poor graduates do not (especially because their own parents were not in a position to donate to their own schools, if they attended college at all. So what might you expect to be in the lower end if this list? The large publics whose job it is to service the needs of ALL of the students in the state. Simply by definition you are going to have more cost-conscious families ( like ours) who watch every dime in the public universities but that has nothing to do with university spirit or alumni connections. It is also the mission of public universities to turn out new members of the service industry, as UVA does, in the less well-paid careers of nursing, teaching and lower paying government service.[/quote] Top 15 for "Students Love These Colleges" in Princeton Review: Vanderbilt Tulane Kansas State Brown Wisconsin William & Mary Lehigh Virginia Tech Clemson Auburn Emory Olin Williams Wash U Dayton[/quote] Interesting mix.[/quote] And only VA has two states on the list. The best STEM school and the best LAC in the state. UVA must be crying. [/quote] hardly. Please go read the responsible 13:50 above. State universities have a different mission than small private institutions do. Also they are funded by the Commonwealth so don’t need to worry as much as the Slacs do about giving. Finally, UVA already has a 6.2 billion dollar endowment since [b]it agreed to take less from the Commonwealth in exchange for more freedom[/b]. It manages itself far better than the Commonwealth ever did.[/quote] To be fair, UVA gets more from the state on a per student basis than all but the two HBCUs. JMU gets the least. JMU only gets 56% as much as UVA for a full time equivalent.[/quote]I don’t think this is correct. Cite please.[/quote] State budget and in-state enrollment. State budget, General Fund appropriations. https://budget.lis.virginia.gov/secretariat/2020/1...Chapter/1/office-of-education/ In State FTE Enrollment: https://research.schev.edu//enrollment/E5B_Report.asp GF Per in-state FTE looks like this: Norfolk State University $16,132 Virginia State University $14,719 University of Virginia $10,529 William & Mary $9,453 Virginia Commonwealth University $9,396 Old Dominion University $8,746 University of Mary Washington $8,306 Virginia Tech $8,261 Longwood University $7,987 Radford University $7,746 Christopher Newport University $7,592 George Mason University $6,661 James Madison University $5,896 [/quote]The link for general budget doesn’t work and doesn’t tgat grabt support The massive UVA hospital as well?[/quote] Try this one. https://budget.lis.virginia.gov/secretariat/2020/1/HB30/Chapter/1/office-of-education/ General Fund does not fund any part of the hospital if you look at the components. It is largely funded by "Higher Education Operating" which is a catchall for tuition, fees, and in this case [b]patient fees[/b]. The biggest state benefit to the UVA hospital is that it operates tax free as a non-profit. The thing to look at is General Fund, which is the part coming from state revenues. I only post this because there is a misconception that UVA doesn't get money from the state. State support for UVA is generous compared to other Virginia higher education institutions. If you compare to other states, Virginia spends on higher education than most.[/quote] Well, that's my point. UVA hospital is the best in the state. It can't turn anyone away, so if the Commonwealth is paying UVA for "patient fees" then, yes, of course you could say a lot of money goes to UVA. But you are missing the point about declining funding to the University itself because the University is managing itself so well. Remember that UVA spun itself off in 2005. From wiki "Due to a continual decline in state funding for the university, today only 6 percent of its budget comes from the Commonwealth of Virginia.[48] A Charter initiative was signed into law by then-Governor Mark Warner in 2005, negotiated with the university to have greater autonomy over its own affairs in exchange for accepting this decline in financial support.". In 2005, UVA begun doing its own investing so now has a 9.6 billion dollar endowment. Even with only 6% of its budge coming from the state, it is doing very well.[/quote] No. You have missed the point completely. If you strip away the hospital and don't even consider it, UVA (the academic division) gets more per in-state FTE student from the General Fund (i.e. tax revenues) than any other school in the Commonwealth other than Norfolk State and Virginia State. Look at the links above. If you compare it to JMU, for instance, UVA gets $10,529 per in-state FTE from the general fund. JMU gets only $5,896, or only 56% as much per capita as UVA. People cite this restructuring act and say things like "UVA spun itself off in 2005". That suggests no money from the state and that is completely incorrect as shown above. Going back to the hospital, patient fees are paid by insurance, out-of-of pocket, and by programs like Medicare and Medicaid. Nothing from the general fund and nothing that is accounted for in the $10,529 cited above. The state's benefit to UVA hospital operations is largely that it is allowed to operate tax exempt. The hospital makes a significant profit and the restructuring act has allowed UVA to use excess funds for other purposes (e.g. the "Strategic Investment Fund"). [/quote] Sounds like UVA gets to eat their cake and have it too.[/quote]I disagree. UVA gets only 6% of its operating budget from the Commonwealth so something is off with PPs analysis but I don’t care enough to dig deeper. My kids adored the place and we can’t afford to donate much at this points in our lives which just demonstrates the point of this thread that alumni donations and alumni satisfaction do not correlate 100%, especially at state schools which serve the wealthy and non wealthy, both of which might go into the less lucrative careers of nursing, teaching and government. [/quote] Nothing is off in the analysis. It is all very straightforward and taken directly from publicly available information. Simply take the general fund appropriation, which is readily available in the state legislative system, and divide by the number of FTE in-state students, which is available on the state's SCHEV website. You'll find UVA gets more per in-state FTE than all other schools other than Norfolk State and Virginia State. Again, I am just countering the obviously false statement like "UVA spun itself off in 2005". That isn't a fair representation to schools like JMU, which get much less per FTE in-state student. UVA used to get a higher percentage from the state, and it gets less per in-state FTE from the state than schools like UNC-CH and UMD-College Park, but that doesn't mean it doesn't get more from the state than all but the HCBUs. [/quote]
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