Showing 35 posts tagged cost
University of Texas President Bill Powers said Saturday he supports a push by Gov. Rick Perry to develop degrees costing $10,000 but finds it unlikely the school could ever offer such plans to all students while maintaining its core mission of improving technology and research.
Powers’ endorsement for cheaper degree plans comes as a lengthy clash between him and the Perry-appointed UT System Board of Regents has intensified in recent months. Some regents have disagreed with Powers on issues such as tuition and the roles of research and teaching at universities.
“We need a $10,000 degree at the University of Texas,” Powers told reporters at the Texas Associated Press Managing Editors convention.
» via Star-Telegram
Under the plan, a student would sign a contract with a special purpose company, acting for a university or group of universities, to repay a fixed percentage of their earnings over a set number of years. Banks would package the graduate contracts and sell them on to investors, particularly pension funds.
“The sale proceeds will vary based on the market’s perception of the future earnings potential of the group of students,” according to a 2010 explanatory document by Peter Ainsworth, managing director of EM Applications, a firm that advises investment managers. The system known as FAIR, which stands for funding with affordable income-based repayments envisaged uncapped, variable fees.
» via Inside Higher Ed
Answering Texas Gov. Rick Perry’s challenge for higher education institutions to develop a $10,000 undergraduate degree, the University of Texas of the Permian Basin President David Watts today (May 2) announced the Texas Science Scholar undergraduate degree program at a meeting of the UT System Board of Regents.
“UT Permian Basin is pleased to offer what we believe is an innovative undergraduate degree at an affordable cost to students,” President David Watts said. “The Texas Science Scholar Program improves access to critical degrees in science and technology and also addresses the institution’s goal to increase enrollment while improving the four-year graduation rate.”
Beginning in Fall 2012, the bachelor of science degree will offer majors in chemistry, computer science, geology, information systems and mathematics. Courses will be offered on the UTPB campus, allowing students to interact with UTPB’s outstanding faculty within state-of-the-art laboratories and facilities. The program has rigorous admission standards. Additional details of the degree program are available online.
» via University of Texas