U of O Chief in WSJ Proposes Bonds and an Endowment for Funding

November 23, 2010

SHARE

Here. 
 “…we propose a first-of-its-kind formula for replacing year-by-year state appropriations to the university with a public-private endowment. Earnings from the endowment’s invested capital will replace the unpredictable muddle of state funding

“Over the next 30 years, there will inevitably be good times for the state of Oregon, and it will undoubtedly invest more in higher education. But we’re willing to exchange the prospect of an eventual increase in state funding for a predictable level of support—even at today’s low level. Having a steady income stream through the public-private endowment will enable us to better control the rate of tuition increases.”
Tell ’em where you saw it. Http://www.victoriataft.com