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Syverud retiring in June 2026
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[QUOTE="OttosShoes, post: 5316185, member: 10231"] A couple points. --Colleges don't run 'profit' (which is taxable, and generally goes to shareholders) they run 'surplus', which is money they can stash for future projects, endowments, etc. SU ran a $116 million surplus in 2023. We'll find out soon what it was in 2024 but I expect large. That's pretty successful and makes Kent look pretty good to the only people who can really put reins on him--the trustees. --There is already a big plan for that surplus. The university wants to upgrade a large number of facilities by 2030. That *includes* Lally and the Dome. It also includes stuff like technology and the [formerly named] L.C. Smith school, which as hinted above may join the ranks of Maxwell and Newhouse. Incidently, Mr. Smith was the 'Smith' in 'Smith-Corona' typewriters, and he was also an athletics booster way back then. --As far as tuition, yeah, it's too expensive. Part of why I dismissed being too reliant on rankings earlier is because they are part of that problem. The rankings take into account all sorts of arbitrary things, many of which don't necessarily make for a better education yet make for a more expensive one. For example, surveying students and their impressions of facilities. If that other school has three olympic-sized swimming pools, how come ours doesn't? Then the rankings drop, the school has to build more swimming pools and tuition gets more expensive to float it, yet nobody actually got better prepared for their career as a result. It's a vicious cycle, "keep up with the Joneses" on a colossal scale. Anyway, that's a long winded way of saying "don't hate the player hate the game." Reasonable to be frustrated right now, but IMHO it's because things have gotten rather out of hand for colleges in general. [/QUOTE]
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