tag:blogger.com,1999:blog-31670799.post1605710648863721178..comments2023-11-02T09:44:15.693-04:00Comments on The Center for College Affordability and Productivity: Gee Whiz: Rent-Seeking Run AmokCenter for College Affordability and Productivityhttp://www.blogger.com/profile/18041956958538598371noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-31670799.post-43235112187291920542008-10-01T11:47:00.000-04:002008-10-01T11:47:00.000-04:00cowboy -- thanks for your latest comment, as alway...cowboy -- thanks for your latest comment, as always with your consistently high level of lucidity, insight, and dignity. <BR/><BR/>I especially liked your reasoned response to my comment about accounting practices at public universities.capemanhttps://www.blogger.com/profile/00327687293859434403noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-71369689053565198682008-09-30T21:39:00.000-04:002008-09-30T21:39:00.000-04:00This comment has been removed by the author.RWWhttps://www.blogger.com/profile/16345147132602206121noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-28699165193534933392008-09-30T16:52:00.000-04:002008-09-30T16:52:00.000-04:00Ken, you say:"Universities are extremely secretive...Ken, you say:<BR/><BR/>"Universities are extremely secretive about the workings of their internal financial activities."<BR/><BR/>Actually, the information you ask for -- how much is spent on instruction, for example -- is readily available at least at public universities like Ohio State (or should be, at the direction of the state of Ohio). They have pretty standard accounting procedures, and with a little effort, they're not so hard to understand -- I'm not an accountant, and I learned about this stuff in a matter of hours.capemanhttps://www.blogger.com/profile/00327687293859434403noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-63635876556955075012008-09-30T12:41:00.000-04:002008-09-30T12:41:00.000-04:00The issue is not how much OSU executives are paid ...The issue is not how much OSU executives are paid in absolute dollars. Rather the issue is all about transparency and oversight of public funds.<BR/><BR/>These mega research universities can't have it both ways. They want to be able to soak in hundreds of millions of dollars each year from State funds, Federal grants, healthcare, big pharma, endowment income, rising tuitions, etc., and at the same time they want to be implicitly trusted like the humble and poor state universities of old. They can't have it both ways.<BR/><BR/>Now we know how much some OSU execs make. Big deal! <BR/><BR/>How much money does the university have? How much is spent on instruction? What other internal financial machinations don't we know about? What other side incomes do the university and its execs have, and where is the money going?<BR/><BR/>Universities are extremely secretive about the workings of their internal financial activities. If they want to continue to enjoy the public trust, there needs to be more transparency and oversight. If they want to do private deals with industry, put those in separate corporate nonprofit entities. For their publicly-funded activities, their books and records should be opened up for public inspection.Ken D.https://www.blogger.com/profile/06316636831644972976noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-73758597366311156082008-09-30T11:28:00.000-04:002008-09-30T11:28:00.000-04:00capeman,It must absolutely burn up the good doc th...capeman,<BR/><BR/>It must absolutely burn up the good doc that the Governor and Ohio's higher education chancellor absolutely love Gordon Gee and personally took a role in recruiting him back from Vanderbilt.<BR/><BR/>BTW, last time I checked Ohio State was financially solvent, sitting on a 2+ billion dollar endowment and had an athletic department that kicked back several million dollars per year into the university's general fund. The doc's institution was running annual operating deficits while cutting Olympic sports to pay for their football coach's salary.Unknownhttps://www.blogger.com/profile/08650449136836434227noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-19167411618517432442008-09-30T11:23:00.000-04:002008-09-30T11:23:00.000-04:00Doc's obsession with Gordon Gee is getting downrig...Doc's obsession with Gordon Gee is getting downright creepy. I guess it's only natural that Doc would rage against the nearest research university. Isn't this about his fifth or sixth column attacking Gee.<BR/><BR/>Musta been hell to sit in Athens these past few decades and watch all the research money, prominence, National Academy memberships, Fulbrights and Guggenheims land just up the road. Meanwhile, the good Doc is sitting next to the phone like an ugly duckling on prom night waiting for the phone call that never came. <BR/><BR/>Oh well, in any event, it might be time for Gordon Gee to take out a restraining order on the Doc.Unknownhttps://www.blogger.com/profile/08650449136836434227noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-87852659307450405222008-09-29T19:18:00.000-04:002008-09-29T19:18:00.000-04:00It occurs to me that maybe the president of Ohio S...It occurs to me that maybe the president of Ohio State isn't causing a national crisis after all. If the president of Ohio State is such a problem, somebody in Ohio -- the Governor? the State Board? -- has the prerogative to replace the president. Maybe the good Doc should take this up with the Gov.capemanhttps://www.blogger.com/profile/00327687293859434403noreply@blogger.comtag:blogger.com,1999:blog-31670799.post-79001900305967379292008-09-29T18:19:00.000-04:002008-09-29T18:19:00.000-04:00Maybe after Congress is done with the Wall Street ...Maybe after Congress is done with the Wall Street gang, they can take care of the pikers in the universities. <BR/><BR/>Maybe the Doc and his Republican/conservative/libertarian pals can help them out, after the Republicans are finished with the financial crisis.capemanhttps://www.blogger.com/profile/00327687293859434403noreply@blogger.com