Wednesday, April 22, 2009

Go to Rutgers to Watch Football, Not to Learn

Due to state aid reductions in Gov. Jon Corzine's proposed budget, Rutgers University officials announced they will lay off workers, cut courses and raise tuition to fill a $60 million hole in the university budget.

Two things strike me as weird.

1: The proposed cut is 5 percent of state funding, or $15.5 million. So why cut $60 million?

2: Why cut professors when your plunking millions into both a stadium expansion, and into Greg Schiano 's exorbitant contract, when the football program continues to lose money? (BTW- Schiano is the state's highest paid public employee)

Does Rutgers still want to be an institute for higher learning? It doesn't seem like it. All they're concerned with is profit, and they don't even seem good at that.


Jon said...

They're cutting $60m because there is a state-mandated increase in faculty salaries that the state promised to cover and now won't.

Your comments about football are off base. They already raised the bond for the football stadium and construction is almost finished. You can't stop it now. It is a good long term investment, because there's enough interest in football now to support expansion, and that additional revenue will eventually put the program in the black.

Anyway, football is a complete drop in the bucket when it comes to the budget. The athletics budget is $55 million, which is 3% of the school budget. The reason Rutgers has fiscal woes is because the legislature keeps drastically cutting its funding.

Dick Strongball said...

Instead of raising the bond for the football stadium, they should be raising money to prevent faculty from getting canned. Betting on the popularity of a mediocre football team like the Scarlet Knights to generate revenue for RU is complete pie-in-the-sky and the height of irresponsible use of public funds.

If you want to bet good money after bad, try Wall Street, not a public university.

Anonymous said...

Hello !.
You re, I guess , probably curious to know how one can reach 2000 per day of income .
There is no initial capital needed You may commense earning with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
AimTrust represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with offices around the world.
Do you want to become an affluent person?
That`s your choice That`s what you really need!

I feel good, I began to get income with the help of this company,
and I invite you to do the same. It`s all about how to choose a correct partner who uses your money in a right way - that`s the AimTrust!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to start , just click this link
and go! Let`s take this option together to feel the smell of real money

Anonymous said...

Hello everyone!
I would like to burn a theme at here. There is such a thing, called HYIP, or High Yield Investment Program. It reminds of financial piramyde, but in rare cases one may happen to meet a company that really pays up to 2% daily not on invested money, but from real profits.

For several years , I make money with the help of these programs.
I don't have problems with money now, but there are heights that must be conquered . I get now up to 2G a day , and I started with funny 500 bucks.
Right now, I'm very close at catching at last a guaranteed variant to make a sharp rise . Visit my blog to get additional info. [url=]Online Investment Blog[/url]

Anonymous said...

online pharmacies phentermineleukeran handling pills pregnancy
[url=]buy xanax online with money order[/url]

Anonymous said...

prescription drugs prilosecbest online pharmacy phentermine diet pill

[url=]buy dreampharmaceuticals levitra online[/url]