Baylor Budget Cuts

3,982 Views | 63 Replies | Last: 1 min ago by Robert Wilson
Harrison Bergeron
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Before Vision 2012, Baylor have a very clear objective and value proposition: an affordable, private university with the benefits of a Christian environment with big-time college athletics that emphasized teaching.

Not sure how I would describe it today.

The question really should be - why can Baylor not balance its budget?

When I attended, we have five VPs. There are probably that many in each department these days.
The Rickest Rick There Is
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Super disappointing.
Guy Noir
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In addition to the increased personnel costs, Baylor made the choice during Vision 2012 to borrow money for new buildings rather than getting donations to pay for the buildings before beginning construction. There has been a big building campaign ongoing for the last 25 years. The result is Baylor is about. 500 million in debt (est a year ago) so it might have changed) and there has been a big increase in operation and maintenance expenses.
Guy Noir
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I checked Baylor's long term debt and the current debt amount is about $847 million. The debt seems to continue to grow.
Oldbear83
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Guy Noir said:

I checked Baylor's long term debt and the current debt amount is about $847. The debt seems to continue to grow.

Baylor's long-term options look more and more like a sewer
That which does not kill me, will try again and get nastier
midgett
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University of Vermont expects a 15% decline in their freshman class. Most schools are ignoring reality. Baylor?


midgett
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Robert Wilson
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Good news, boys. It's buyers' market.
ECBear
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cowboycwr said:

This is also the result of pushing to get to R1 status. You end up with more Profs that don't teach and focus on research. So now you have to hire a teaching prof and you end up with two people where you had one before.

But the admin thing mentioned earlier is very true as well. Lots of people at the university level where their is one where no one seems to know what they do.


This right here is spot on. I cannot emphasize enough the impact it has.
william
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The BOR let The Preacher run amok.....

Not wise.

Most of us here said so at the time.

- KKM

D!

{ sipping coffee }

{ eating Wal Mart coffee cake }

Go Bears!!
pro ecclesia, pro javelina
Harrison Bergeron
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Guy Noir said:

I checked Baylor's long term debt and the current debt amount is about $847 million. The debt seems to continue to grow.


That is shocking.

Zero debt in 1990 to $1B in a quarter century.
ShooterTX
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boognish_bear said:

We told our kids unless they got massive scholarships to not even think about Baylor. Even with a 50% scholarship it's hard to justify $45,000 a year for school that is not head and shoulders above a lot of the other ones. It's a shame because my wife and I really enjoyed going to Baylor in the 90s.

If they had gone to Baylor they would've been third generation Bears.

We've got one at UNT and one at TT.

Thankfully my two oldest earned enough scholarships that they both qualified to pay about $12K per year at Baylor. One just finished her junior year at Baylor. The other just finished her freshman year at UMHB. I will say that I'm very impressed with UMHB. It's very similar to the Baylor we knew in the early 90s.
She's paying less than $10K a year at UMHB.
My son is interested in A&M and the other is thinking about Baylor or Tech. They probably won't get as much scholarship money from Baylor since 2 of my daughter's scholarships are only for girls.
Redbrickbear
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ShooterTX said:

boognish_bear said:

We told our kids unless they got massive scholarships to not even think about Baylor. Even with a 50% scholarship it's hard to justify $45,000 a year for school that is not head and shoulders above a lot of the other ones. It's a shame because my wife and I really enjoyed going to Baylor in the 90s.

If they had gone to Baylor they would've been third generation Bears.

We've got one at UNT and one at TT.

They probably won't get as much scholarship money from Baylor since 2 of my daughter's scholarships are only for girls.



Baylor undergrad is already majority female (has been for a while)

But we still have scholarships that are only available to female students?
LIB,MR BEARS
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Redbrickbear said:

ShooterTX said:

boognish_bear said:

We told our kids unless they got massive scholarships to not even think about Baylor. Even with a 50% scholarship it's hard to justify $45,000 a year for school that is not head and shoulders above a lot of the other ones. It's a shame because my wife and I really enjoyed going to Baylor in the 90s.

If they had gone to Baylor they would've been third generation Bears.

We've got one at UNT and one at TT.

They probably won't get as much scholarship money from Baylor since 2 of my daughter's scholarships are only for girls.



Baylor undergrad is already majority female (has been for a while)

But we still have scholarships that are only available to female students?


Today's Baylor may allow anyone's son to be a girl
Redbrickbear
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canoso
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Redbrickbear said:



The greatest blessings come in the strangest disguises.
canoso
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LIB,MR BEARS said:

Redbrickbear said:

ShooterTX said:

boognish_bear said:

We told our kids unless they got massive scholarships to not even think about Baylor. Even with a 50% scholarship it's hard to justify $45,000 a year for school that is not head and shoulders above a lot of the other ones. It's a shame because my wife and I really enjoyed going to Baylor in the 90s.

If they had gone to Baylor they would've been third generation Bears.

We've got one at UNT and one at TT.

They probably won't get as much scholarship money from Baylor since 2 of my daughter's scholarships are only for girls.



Baylor undergrad is already majority female (has been for a while)

But we still have scholarships that are only available to female students?


Today's Baylor may allow anyone's son to be a girl

When one stops to reflect, to the extent the above statement is true, to the same extent Baylor's alleged budget cuts are necessary.
Harrison Bergeron
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Overall, higher education like much of the radical left has replaced intelligence with emotion. It's less about what you know and facts and more about how you feel.
Redbrickbear
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Robert Wilson
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Redbrickbear said:



As I said, it's a buyer's market.

This is going to be fun to watch. I do believe a major correction is overdue. Think housing 2008.
cowboycwr
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Redbrickbear said:



And yet schools across the country are still in massive building rushes. Even building whole new campuses (UT Arlington West)
Frank Galvin
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Redbrickbear said:



Universities were in a tough spot. On the one hand you had eventual falling demand. In the meantime you had increased demand for improved experiences. So you couild either build fancy new dorms and invest in all sorts of things that supposedly enriched student experiences and opportunities or you could start cutting costs, fearing eventual decline. If you did the first you would be inthe position many of the colleges are in today. If you did the second, your enrollment would have declined sooner rather than later.

Of course the schools probably did not count on the US government cutting off a major source of revenue-foreign students who pay full freight tuition.
Redbrickbear
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cowboycwr said:

Redbrickbear said:



And yet schools across the country are still in massive building rushes. Even building whole new campuses (UT Arlington West)


Another UT-Arlington?

Gosh higher Ed really is a bubble with all kinds of wasteful spending everywhere and duplicating services

San Antonio has two different flagship universities with satellite campuses there…as if one was not enough (UTSA and now TAMU-San Antonio)

And UT has wanted to build a new campus in Houston for years when we already have a state college in Houston to serve the public school type student (along with plenty of private colleges there)
GrowlTowel
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Redbrickbear said:

cowboycwr said:

Redbrickbear said:



And yet schools across the country are still in massive building rushes. Even building whole new campuses (UT Arlington West)


And UT has wanted to build a new campus in Houston for years when when we already have a state college in Houston to serve the public school type student (along with plenty of private colleges there)

U of H, and the competing interests of both UT and A$M, is what has kept a UT or A$M from opening in Houston. About 25 years ago, Texas A$M was looking to add a law school and approached South Texas College of Law (downtown Houston) about a merger. UH was pissed because it would detract from its law school and UT was pissed because it feared A$M would get a foothold in Houston and expand its business school.

All sides sued and A$M eventually withdrew its partnership with South Texas College of Law.

Fast forward to 2013, A$M purchased Texas Wesleyan University School of Law in Fort Worth as both UT and A$M have campuses in the Dallas area (and SMU didn't give a flip about it).
Your ideas are intriguing to me, and I wish to subscribe to your newsletter.
Harrison Bergeron
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cowboycwr said:

Redbrickbear said:



And yet schools across the country are still in massive building rushes. Even building whole new campuses (UT Arlington West)

Seriously? Surprised in today's online world schools are building more campuses, especially in the same region.
Redbrickbear
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Being a hyper feminine environment probably does not help attract young men to pay money/go into massive debt for a college degree

cowboycwr
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Redbrickbear said:

cowboycwr said:

Redbrickbear said:



And yet schools across the country are still in massive building rushes. Even building whole new campuses (UT Arlington West)


Another UT-Arlington?

Gosh higher Ed really is a bubble with all kinds of wasteful spending everywhere and duplicating services

San Antonio has two different flagship universities with satellite campuses there…as if one was not enough (UTSA and now TAMU-San Antonio)

And UT has wanted to build a new campus in Houston for years when we already have a state college in Houston to serve the public school type student (along with plenty of private colleges there)


Yes another one. It is UT Arlington West but will be in west Fort Worth. Right where I30 and 20 merge/split.
cowboycwr
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Harrison Bergeron said:

cowboycwr said:

Redbrickbear said:



And yet schools across the country are still in massive building rushes. Even building whole new campuses (UT Arlington West)

Seriously? Surprised in today's online world schools are building more campuses, especially in the same region.


Yes seriously.

There is also Tarleton Fort Worth in south Fort Worth along the Chisholm Trail toll road and it has been expanding pretty quickly as well. It is already open.

UTA is in construction with a 2028 open date.

If any of you have ever driven west on I20 or I30 before and thought how everything sort of ended at 820 and then it was just fields until Weatherford would be shocked at how it is just massive development out that way and now is solid build from 820 to Weatherford.
Robert Wilson
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GrowlTowel said:

Redbrickbear said:

cowboycwr said:

Redbrickbear said:



And yet schools across the country are still in massive building rushes. Even building whole new campuses (UT Arlington West)


And UT has wanted to build a new campus in Houston for years when when we already have a state college in Houston to serve the public school type student (along with plenty of private colleges there)

U of H, and the competing interests of both UT and A$M, is what has kept a UT or A$M from opening in Houston. About 25 years ago, Texas A$M was looking to add a law school and approached South Texas College of Law (downtown Houston) about a merger. UH was pissed because it would detract from its law school and UT was pissed because it feared A$M would get a foothold in Houston and expand its business school.

All sides sued and A$M eventually withdrew its partnership with South Texas College of Law.

Fast forward to 2013, A$M purchased Texas Wesleyan University School of Law in Fort Worth as both UT and A$M have campuses in the Dallas area (and SMU didn't give a flip about it).


And South Texas College of law remains what it was

And Texas Wesleyan went from bottom of the ****ing barrel to a pretty damn good law school after A&M bought it

As much as it pains me to say
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