This has always been the case with any funding. It is the president's job to make sure a balance is kept.
Pollard Details Recommended Cuts
- Thread starter 3rdCoastClone
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Bingo. ISU like most all other universities suffers from grossly overpaid professors/employees. Chickens home to roost. Sooner than I expected.
That's EXACTLY what one should expect from lockdowns. Sure you'll keep numbers down but as soon as you come out of the caves then you still have a problem. So shutting down only creates new and potentially larger problems.
All based on regulations. It makes the economics of old buildings so that they shouldn't be maintained and then eventually replaced. It's very cost inefficient to try to rebuild a old building.
Sucks for those involved. IF they are able to play in the spring it might be somewhat short lived.
When I read this link, the next story was about local anti mask protests. In sort of a demented way I thought that was humorous.
Thanks for saying I have no actual knowledge of what is happening in Kansas - as I picked it specifically because I live and work here. My point is the state has been among the most restrictive in the nation and is still not having football fans despite ‘behaving’ since March. Iowa and Kansas both with around 1000 cases over the last week despite one that has had a month of school spread
Man, I’ll disagree with the literally no plan whatsoever talk. They had a plan and still do. They put a lot of thought into it. To say they didn’t have a plan is ignorant. Now, you can argue that some of it was disingenuous because we all knew that students were going to party off campus. But the on campus plan was solid.
The only reason I said that is because your comment showed no actual knowledge of what is happening in Kansas.
Chelesvig (Civic center/DM arts CEO) worked there as a student, he now has a "Tony Award" sitting on his desk. LOL
No Fans for Football = Big Cuts
1. Layoffs and/or additional payroll reductions
2. Eliminating sports
3. Closing C.Y. Stephens’ Auditorium
Pollard details financial challenges ahead for ISU Athletics in letter to fans - Cyclone Fanatic
The following is a letter from Iowa State director of athletics Jamie Pollard released on Friday. Dear Cyclone fans, Thank you for the many emails, phone calls and text messages during the past week. The decision regarding fans at home football games clearly sparked considerable emotion...cyclonefanatic.com
I can keep going if you want, bro.
We get it, you think everybody should play with fans.
I will drop it if you will.
Think this is too broad a brush, we don't know that market conditions demand some high salaries. I do know of two world renowned professors (PhD's), who I assume are very well paid; bring in research grants, patent rights money, industry investments (including possible high motivation to participate in ads, sponsorships etc in AD events) in the multimillions. Would not want them to leave and go to Texas and take that with them!!!
At an informal lunch precovid I attended, the total dollars brought into the University in the above manner amounted to over 380 MILLION was noted. Someone with a CPA can probably dig that out of the ISU financials, it would take me too long.
to confirm. I am sure that is generated by research/knowledge done by ISU faculty in large part. Not to denigrate Athletics, as that is my favorite activity since I retired, but that seems to compare favorably with the Athletics budget.
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TWO HUNDRED ISU employees make $200k or more. ~~$50 mil. Ok, Go ahead and keep your two. Just make sure their revenues are documented.
Whew. Ok it's just the CYS, For a moment, I thought we were going to have to close the SEZ.
as I edited my respose to your post (sorry, my bad); total revenue from research activities I anecdotally heard (Lunch conversation)was 380 MILLION. But need a CPA to dig it out of the financials of ISU. I do know of one PHD who raised 26 million for her research team (one of the above two)!
Per the 2019 State Salary list, there were 171 employees at Iowa State making more than $200,000 in 2019, 20 of those are from the AD. There are approximately 50 that make more that $275,000, 15 from the AD.
I am not opposed to someone being in a position to make whatever they can get the market to pay them, no matter what their profession.
Sorry, I am not good at posting links, but the article above announced $261 million of external research funding in 2019. After you take the deans, admin people, and health service doctors off the list you probably have 125 professors making more than $200,000. My guess would be that a very large % of the $261 million comes from the work of those 125 people. There is a reason that for over 10 years the Foundation has been trying to fund named professorships to keep these people around and recruit more.
If your point is that $200,000 is a lot to make, I agree it is a lot, but I wouldn't want to be a patient at a hospital that doesn't have any $200,000 employees, not would I invest money in a business that doesn't attract quality people that require high salaries.
That is significantly less that other universities of the same size. How does this compare to other entities and businesses with ~3,000 full time employees?
I can tell you that the majority of ISU employees make ~50-60k or less. A lot make between 35-45k. Most positions pay only 60-75% of comparable private industry positions, most people take the lower pay because of the benefits.
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One more and it will be every post before and moving forward.
I tried to squash it and told you I would stop. I can do this for years.
