Editorial: U of L Foundation needs oversight
The U of L Foundation has been responsible for financially sustaining a vast number of programs, departments and scholarships for the university. Most of the university’s funding, $141.8 million, comes from the foundation and its fundraising has made U of L a greater force in the Louisville community. Its importance to our school’s prosperity and [...]
By Rae Hodge– On Friday, Congress passed legislation preventing student loan interest rates from doubling on July 1. Rates on subsidized Stafford loans will remain at 3.4 percent for an additional year. The $6 billion cost of keeping rates at 3.4 percent was fully paid for through a combination of pension fund reforms and by [...]
Continue reading …
by Rae Hodge– University of Louisville President James Ramsey has announced the coming layoff of 10 to 15 employees of the university, citing a 6.4 percent cut in state-wide higher education funding as the cause. Ramsey says the 6.4 percent cuts are equal to a $9.7 million dollar loss for the school. Ramsey [...]
Continue reading …
By James El-Mallakh– If you ask a freshman in high school what year he or she will graduate, one would answer 2016. But according to Kim Millard the answer is 2020, which is the year that student will graduate from college. “We’re providing services for this first class that we’ve called the class of 2021, [...]
Continue reading …
By Michael Baldwin– College can get expensive; tuition, meal plan and book are going to leave your bank account empty. With all these expenses how is one able to afford anything else? This article is here to ease the vice grip on your wallet. These are a few ways to be a baller on a [...]
Continue reading …Editorial: Students get a raw deal with rising education costs, budget cuts
April 24, 2012 No Comment
The recent unveiling of tuition increases paired with education budget cuts can be quite worrisome for students, and for young people looking to get the most out of college and plan for the future. The University of Louisville has yet again raised student tuition. That’s understandable, given the growing demand for education, but it would [...]
Continue reading …By Caitlyn Crenshaw– Almost 190 faculty, staff and students put on their thinking caps when the university asked for suggestions to save money in the upcoming operating budget with the cut of state appropriations totaling about $9.6 million. With the state cutting resources distributed to higher education, the university is not only planning for the [...]
Continue reading …
As you drive down Arthur Street on your way to campus, you’ll notice that gasoline has reached prices in excess of $3.70 per gallon and will likely soon hit $4. It doesn’t take a genius to figure out that the $20 bill in your pocket won’t take your car as far as it used to. [...]
Continue reading …
By Michelle Eigenheer– A recent trend in gas prices has university students scrambling for pocket change and bursting into tears. Last week, gas prices began to rise, leaving students with less-than-full tanks. Gasbuddy.com, a website that tracks gas prices through the United States and Canada, reported that on Feb. 21, 2012, “Spot prices, a ‘base’ [...]
Continue reading …
By Lee Cole– What if there was a network of institutions across our nation specifically designed to take as much money as possible from you, all the while leading you on with false promises of future wealth and prestige? What if I told you this network of institutions is placing an enormous strain on our [...]
Continue reading …