I read a really interesting article from the Chronicle of Higher Education today about the misconception that faculty salaries are driving up the cost of a college degree.
Here’s a quick excerpt of the most compelling piece of the story:
“The contrast is starkest at public institutions, where tuition and fees have increased over the past decade by 72 percent when accounting for inflation, largely in response to declines in state support. During that same time, the salaries of public-college professors, when adjusted for inflation, rose by less than 1 percent at doctoral and baccalaureate institutions and fell by more than 5 percent at master’s universities.”
All this just days after our own UM System administrators discussed the prospect of raising faculty salaries at last week’s Board of Curators meetings at Missouri S&T.
With the state funding roller coaster the system has been riding for the past few months, the future of any salary increases is still up in the air. UM has been pretty tight-lipped about its plan if it doesn’t get any funding cuts but discussed an average increase of 1.75 percent to faculty salaries across the four system campuses.
Of course, that’s still subject to change the system won’t be able to make any real decisions until it knows exactly how much money it will be getting from the state.
A Senate budget will likely be voted out of committee this week and will likely hit the Senate floor next week, when it would be open for debate. Last week the committee agreed with the House to keep stable funding for higher education, among other things, and the UM system’s VP of government relations Steve Knorr seemed optimistic at the meetings in Rolla that a budget without cuts to higher education would be sent to the governor.
Of course, this is potentially the slowest developing story I’ve ever worked on and there will continue to be updates. I’ve struggled to keep posting on this blog regularly, but I’m always spewing facts, figures and insights — if you can call them that — on Twitter at @zach_murdock.