Universities and colleges across the nation are experiencing a building boom, yet budgets and resources are declining. According to Mcgraw-Hill Construction, around $11 billion in new facilities have been created in each of the last two years, which was twice the amount spent on facilities a decade ago.
Jon Marcus from the Hechinger Report writes, "More than $384 million in projects are in process and another $515 million are in the planning and design stages at the University of Buffalo, part of the State University of New York, a system whose budget has been cut by $1.1 billion over the last three years. Virginia Tech has $696 million in construction newly finished, under way or ready to start, and the University of Nebraska has nearly $600 million."
With all the new construction, more cuts and changes are being made across the board: universities are decreasing enrollment, boosting tuition, removing jobs and falling into debt. "The public University of California system has $8.9 billion in construction going up at its 10 campuses and five medical centers, and the California State University system has $161 million. California has cut billions of dollars in operating money from its public universities," writes Marcus. "At UC campuses, student fees rose 18 percent this year. Since the beginning of the fiscal crisis, 4,400 employees have been laid off and 3,570 positions have been eliminated in the UC system."
Jon Marcus from the Hechinger Report writes, "More than $384 million in projects are in process and another $515 million are in the planning and design stages at the University of Buffalo, part of the State University of New York, a system whose budget has been cut by $1.1 billion over the last three years. Virginia Tech has $696 million in construction newly finished, under way or ready to start, and the University of Nebraska has nearly $600 million."
With all the new construction, more cuts and changes are being made across the board: universities are decreasing enrollment, boosting tuition, removing jobs and falling into debt. "The public University of California system has $8.9 billion in construction going up at its 10 campuses and five medical centers, and the California State University system has $161 million. California has cut billions of dollars in operating money from its public universities," writes Marcus. "At UC campuses, student fees rose 18 percent this year. Since the beginning of the fiscal crisis, 4,400 employees have been laid off and 3,570 positions have been eliminated in the UC system."
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