A Brief Note On The South Carolina Is Suffering An Economic Downturn Essay

The topic of this paper is the states’ decreasing financial support of higher education, the reaction and response from institutions who have lost funding, and the creative ways public institutions are locating additional streams of revenue. States have been the primary backer of public institutions, but since the recession states have shown less commitment financially while still heavily regulating higher education. As a result some institutions have had to change their practices while others have challenged their state’s regulations all together. Many have speculated that state funding may never return to its former highs. Rather than make an enemy of the state, some schools have discovered new and unconvential ways of raising funds for their institution.

Since 1974, tuition has been on the rise and has reached new heights. One reason why tuition is increasing is because of “the state governments’ unwillingness or inability to raise per-student financing” (Davidson). The government is spending less on college and moving those funds into other categories, such as the military. Furthermore, colleges are spending less on each student than they did during pre-recession (Fox). Even after the recession, the government is continuously cutting more and more from education funds. As the government cuts more from education funds, tuition cost will steadily increase to compensate the loss. Tuition increased from 1994 to 2015 is depicted in the graph on the next page. Drawing a conclusion from the graph, it is possible that if this trend continues, public colleges will approximately reach the same price as private colleges one day. The amount of financial aid given is unable to meet the needs of lower income students,

The state of California has long been reliant on the University of California system to provide its resident companies with skilled and educated business, technology, and science leaders. Highly regarded as one of the top educational systems in the world, the University of California boasts a high number of distinguished and respected faculty members in almost every field of study. However, while most private colleges and universities have learned how to streamline their processes in order to better respond to stakeholder needs, public educational institutions, such as the University of California, have not been willing to control their bureaucratic growth resulting in a rise of tuition rates and a decline in the level of student satisfaction. In her article for the TIME magazine, Kate Pickert writes that as recently as November of this year the University of California has approved a plan that could raise tuition rates by up to 28% (Pickert). Pickert also points out that the tuition rates at the University of California have more than tripled since 2001. The University of California has blamed the increased tuition on the state of California budget cuts caused by the economic downturn of recent years. However, a closer examination of the University of California faculty and administration data makes it obvious that the higher rates of tuition are cause by the inability and

South Carolinas' successful economy during early South Carolina didn't just fall from the sky. It required a lot of time and hard work. The Native Americans, European Settlers, along with enslaved and free African Americans were all a very significant part of the developing economy for early South Carolina.

Carolina had the support of other Southern states, South Carolina was the only one to nullify the tariff. South Carolina eventually agreed to a compromise, but nevertheless this state had challenged the federal government, creating a long-lasting effect of Southern states challenging the federal government’s power (Holt, Michael). It is interesting to note that the South did not disagree with every federal government decision.

Over the last three decades several United States auto jobs have migrated to the South. Some of the things that have attracted these auto giants to these Southern States is the cost of living and operating advantages which far surpass those of their Northern counterparts, which also attract more white-collar workers. The Volvo plant is no different, their goal for building in South Carolina is an attempt to re-focus it US market share, which had long diminished. Although having these auto giants, such as Volvo come in to these small rural towns to encourage growth and development, what effect does it really have in the community?

Another challenge of the economic conditions was the increased importation of slaves. “But economically, South Carolina prospered… rice lands extended from the coast many miles inland” (Hoffer 15-16). In economic sense, this meant more profit for the colony, but increased in profit means increased in labor, therefore there was the need to enslave a lot of Africans and Natives to work on their plantation. The movements of slaves, good and commodities cross distant colonies and countries into the coast of Carolina. The only way for the colonists to meet their demands was to bring slaves. This tends to be a problem since the number of slaves outnumbered the number of whites in South Carolina which tends to signified fear as both Spain and British

Higher education is turn was directly affected by the shift in priority of legislature. While this is not a new concept it does reinforce how closely tied both are. Regarding capacity concerns the initial 2009 survey results noted 28 public flagship universities stated they had not capped their enrollment, 29, at public regional universities; while 12 reported they had capped enrollment. Of the 12 states that capped enrollment the majority of them were in the most populous states such as California, New York and Texas. Reviewers noted concern over if the community colleges will be able to handle the influx in high school and adult students with universities capping enrollment. Their concern is that it may not. The survey respondents showed disagreement in this area as well. That paired with the fiscal challenges noted in the survey prompted strong views from the reviewers. The article notes in“FY1981, 22 states contributed at least 50% of community colleges’ revenues, accounting for 55% of community college enrollments. By FY2001, only 7 states contributed at least 50% of community colleges’ revenues, accounting for 8% of community college students.” (Katsinas, D 'Amico, & Friedel 2014). By 2007-2009 this was not the case; education across the board suffered major midyear budget cuts across all states. These budget cuts affected how facilities were being managed at intuitions of higher learning. Funds for maintenance were being prioritized and

There were many changes to the South after a long and brutal Civil War. The most significant of these, was the change to the overall economic system of the South. After Slavery and the cotton industry was shattered, the South was left with figuring out how to fix a once rich land founded on slavery.

Looking into Clinton’s plan and how it would evolve over the next five years, the themes of access and affordability shine through. She believes that all students should be able to obtain a public post-secondary education (Clinton on the Issues: College, 2016). The current truth is that “access and success in higher education continue to be stratified according to income…” (Eckel & King, 2004). With Clinton’s plan access would increase, and with that enrollment would increase. Increased enrollment at college campuses strikes as an initially positive thought; more students can gain and education and contribute that education to bettering society. However, increase enrollment could lead to increase selectivity, if enrollment increased in extreme enough amounts. State schools, that were founded to offer quality education would now have a larger pool of student to pick from. For the state school’s fortunate enough to the capacity to educate more student’s their success would continue to increase. But what about the state schools that are already struggling with enrollment issues? Will they continue to live out their mission and increase enrollment at the expense of the student’s education quality. For campuses that are already filled with students, larger incoming classes would lead to less enrollment options, larger classroom sizes, and the same campus resources spread thinner across a larger student body. Schools in this category would be forced to decide between decreasing

Our methodology is built to examine the correlation between the dependent variable, state public higher education appropriation and the three independent variables, healthcare spending, social services spending and spending on political determinants, which were identified in our conceptual framework as it explains factors that affect state public higher education appropriation on 2015. The study is focusing on cross-sectional, secondary data for all 50 U.S states on the fiscal year 2015. We aim to analyze the correlation between all variables in order to explore the affect of the three independent variables on the dependent variable. We specify a particular year to describe the

In order to operate and sustain despite the decline in federal funding, HBCUs must find strategic ways to bring in more dollars. For most of these institutions, raising tuition is not a viable option. HBCUs are positioned as low-cost institutions that provide access students with low-incomes, and tuition hikes could lead to declines in enrollment. Students, typically within HBCUs' enrollment pool due to low income status, would not be able to pay, and other students would have to borrow more money to attend. (Clay, 2013). Additionally, most HBCUs would not be able to expand their scholarship offerings to make up for the tuition increase, and scholarships are needed in order to compete for the best and brightest students (Clay, 2013). To fill

Kansas has been ranked 17th in the nation for proportion of students taking on debt. Along with the already high average, Kansas legislature has continued to make cuts on the budget of universities in the state. With the cuts, universities in Kansas are forced to find income to replace the deplenishing government funds. Previous attempts to solve this problem have been made, such as raising tuition and the cost of programs. Students and parents alike are affected and concerned over the rapidly increasing cost of this hometown school. Students come to Wichita State University for not only the in-state tuition but also to get a quality degree. With tuition on a rise due to Kansas Legislature continuing to cut general funds to Wichita State University, the school must search for revenue else where.

A reduce in force of full-time staff members, not only affects over 500 faculty members, but also the quality of life and education for students that attend St. Louis Community College(STLCC). Chancellor Dr. Jeff Pittman has concluded that a reduction in force seems necessary since the Missouri Governor, Eric Greitens, cut $3.58 million in STLCC’s budget(Jost). The disadvantages of cutting full-time staff members, outweigh the few advantages. Has Missouri’s governor and chancellor fought hard against these budget cuts? State Representative Scott Fitzpatrick says, “I mean, it's a difficult decision, but [Greitens] probably made the right one,”(Rosenbaum). Probably? This decision is not a small change, this decision will affect hundreds, if not thousands of people. It should not be a dubious decision.

In order to gain control over the allocation of resources throughout the university and also to balance the monies being distributed amongst the revenue centres a system of participation/subvention was used by the university administrators. These participations were mere equal contributions (20% of the total tuition fees, sales and service income, and indirect cost recoveries) from all revenue centres and were redistributed back to them as block grants called subventions and these participations were portrayed as negative and subventions as positive indirect income. These features in fact enabled university administrators to focus on university priorities and goals. In allocating subventions their main focus was firstly on differentials in the costs of educating students in different fields and secondly, the revenue centres’ cost/quality ratios.