THE FISCAL WATCHDOG
NEWS ANALYSIS By BRYAN SHUY AND FRANCISCO GONZALEZ The Terrapin Times Editor-In-Chief and News Editor |
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The University System of Maryland, which handed down tuition increases of 21% to College Park students over the past year and has already approved an 11% tuition increase for next year (with potentially more increases on the way), is under investigation by the student body and is now being forced to answer the questions of state legislators. The Terrapin Times conducted research showing that USM administrators have increased their own salaries at unprecedented rates. The Terrapin Times reporters were on hand at the November 20th Tuition Task Force forum to present the numbers (below) to state legislators. University administrators did not appear to be pleased. However, the Fiscal Watchdog wants to point out that during the same time that University administrators’ salaries have increased (during a not so good economy too) – students have also experienced increases – except ours has been in tuition dollars.Non-Academic ExpendituresUniversity System of Maryland
Selected Salary Increases
AND tuition has been increased every year since 1995
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State Aid, State Aid Increases and Tuition Increases vs. Inflation
Non-Academic ExpendituresUniversity System of MarylandŘ Nearly a dozen employees receive a combined $295,000 in car and house allowances. That money alone could have paid tuition for 43 students at College Park this year.
Ř Four employees receive both a house and a car as part of their employment, yet each of these employees makes at least $190,000 annually.
Tuition Increases
Ř According to the USM, they increased tuition for students by $75 million in FY 2004. Ř Despite a $344 million in funding increase over the last ten years for USM system, tuition hikes have been imposed on some if not all USM students every year since 1995.
Ř As early as January 25, 2002 – one year before Governor Ehrlich took office – USM Regents broke a five-year pledge to limit tuition increases by imposing a 5.5 percent increase on in-state and out-of-state tuition.
After all, it’s your
money.
In times of budget crunches for the State and the University, this column serves to point out what students and other members of the campus community consider wasteful spending as well as what we can do, on an individual level to cut down on spending costs for our University, to ensure that each dollar spent is used wisely. If there is some important matter that you would like the Fiscal Watchdog to call attention to, please let us know at: Editor@theterrapintimes.com |