PASSHE Institutions Merging

[only1]

https://www.passhe.edu/News/Pages/Re...snNsS3PQL54EsA

You have to admit this is at least some positive momentum for PASSHE. It is a good, yet imperfect system that needs a lift and a few tweaks. Just a shame they waited so long.

[IUPNation]

https://www.passhe.edu/News/Pages/Re...snNsS3PQL54EsA

You have to admit this is at least some positive momentum for PASSHE. It is a good, yet imperfect system that needs a lift and a few tweaks. Just a shame they waited so long.

[Ship69]

https://www.passhe.edu/News/Pages/Re...snNsS3PQL54EsA

You have to admit this is at least some positive momentum for PASSHE. It is a good, yet imperfect system that needs a lift and a few tweaks. Just a shame they waited so long.

[IUPNation]

It is hard to find any updated amounts for each schools endowment.

Wikipedia has IUP at 60 million in endowment.

On the IUP webpage for the Foundation..it states it that it manages 50 million in endowed funds and $250 million in real estate. But when is this info from, it does not say and is the $250 just something on paper?

[only1]

So why does the Commonwealth give a dime to PSU or Pitt? PSU Endowment at $4.4 billion.
https://www.pionline.com/endowments-...ogs-366-return

Pitt Endowment:
$5.6 billion
https://www.utimes.pitt.edu/news/end...S%20990%20form.

The Commonwealth provides funding yet they do not have disclose records to the state. Absolutely insane and nonsensical.

[Ship69]

So why does the Commonwealth give a dime to PSU or Pitt? PSU Endowment at $4.4 billion.
https://www.pionline.com/endowments-...ogs-366-return

Pitt Endowment:
$5.6 billion
https://www.utimes.pitt.edu/news/end...S%20990%20form.

The Commonwealth provides funding yet they do not have disclose records to the state. Absolutely insane and nonsensical.

Ship endowment, last I looked, is roughly $60 million. Of course this goes up and down with Wall Street. Northwestern's is usually around $9 billion, second only to Michigan in the Big 10. I think Harvard's is around $60 billion.

[Fightingscot82]

So why does the Commonwealth give a dime to PSU or Pitt? PSU Endowment at $4.4 billion.
https://www.pionline.com/endowments-...ogs-366-return

Pitt Endowment:
$5.6 billion
https://www.utimes.pitt.edu/news/end...S%20990%20form.

The Commonwealth provides funding yet they do not have disclose records to the state. Absolutely insane and nonsensical.

To subsidize R1 education. PA has funded Penn State since it began, but Pitt has only received funding since the mid 60s. They were a big private university on the verge of bankruptcy and it was the trend to have states adopt struggling privates. Ohio added Toledo, Cincinnati, Akron, and Youngstown to supplement Ohio, Ohio State, Bowling Green, Kent, and Miami.

[only1]

To subsidize R1 education. PA has funded Penn State since it began, but Pitt has only received funding since the mid 60s. They were a big private university on the verge of bankruptcy and it was the trend to have states adopt struggling privates. Ohio added Toledo, Cincinnati, Akron, and Youngstown to supplement Ohio, Ohio State, Bowling Green, Kent, and Miami.

But it did notg always fund the 24 branch campuses. 24
https://www.psu.edu/academics/campuses/

[Fightingscot82]

But it did notg always fund the 24 branch campuses. 24
https://www.psu.edu/academics/campuses/

It doesn't fund them directly. Penn State, along with Temple, Pitt, and Lincoln, gets its annual handouts in exchange for tuition discounts and trustee appointments. The branches have different histories - most were 2 year feeder campuses to close gaps in geographical access and with specific purposes. For example, Mont Alto was the forestry campus and Behrend was started by the Hammermill paper heirs to start paper engineering and business programs. There's no actual reason for the purpose or location of the Pitt branch campuses. Temple and Lincoln don't have branch campuses in the same sense.

Penn State is pretty complex. They are the state's land grant school but also the state's A&T school (agriculture and polytechnic). Penn State gets additional money to do State work related to agriculture and farm science including an order to have a agriculture consultation presence in every county called Penn State Extension. Penn State bought previously existing law and medical schools to add to their portfolio. They were also a pioneer in an online division but have never really succeeded the way others have.

[only1]

It doesn't fund them directly. Penn State, along with Temple, Pitt, and Lincoln, gets its annual handouts in exchange for tuition discounts and trustee appointments. The branches have different histories - most were 2 year feeder campuses to close gaps in geographical access and with specific purposes. For example, Mont Alto was the forestry campus and Behrend was started by the Hammermill paper heirs to start paper engineering and business programs. There's no actual reason for the purpose or location of the Pitt branch campuses. Temple and Lincoln don't have branch campuses in the same sense.

Penn State is pretty complex. They are the state's land grant school but also the state's A&T school (agriculture and polytechnic). Penn State gets additional money to do State work related to agriculture and farm science including an order to have a agriculture consultation presence in every county called Penn State Extension. Penn State bought previously existing law and medical schools to add to their portfolio. They were also a pioneer in an online division but have never really succeeded the way others have.

Perhaps but I am not so sure. PSU prefers non residents of the Commonwealth.....
https://www.paauditor.gov/press-rele...ct%20to%20open

[IUPNation]

It doesn't fund them directly. Penn State, along with Temple, Pitt, and Lincoln, gets its annual handouts in exchange for tuition discounts and trustee appointments. The branches have different histories - most were 2 year feeder campuses to close gaps in geographical access and with specific purposes. For example, Mont Alto was the forestry campus and Behrend was started by the Hammermill paper heirs to start paper engineering and business programs. There's no actual reason for the purpose or location of the Pitt branch campuses. Temple and Lincoln don't have branch campuses in the same sense.

Penn State is pretty complex. They are the state's land grant school but also the state's A&T school (agriculture and polytechnic). Penn State gets additional money to do State work related to agriculture and farm science including an order to have a agriculture consultation presence in every county called Penn State Extension. Penn State bought previously existing law and medical schools to add to their portfolio. They were also a pioneer in an online division but have never really succeeded the way others have.

Temple does have the Ambler campus but it's not really a big deal. I'm kind of shocked they still use it.

[CALUPA69]

Temple does have the Ambler campus but it's not really a big deal. I'm kind of shocked they still use it.

The value of the property in Montgomery county must account for a nice share of the university endowment. Never realized that in the early part of the 20th century Ambler was the "asbestos capital of the world."

[Fightingscot82]

Perhaps but I am not so sure. PSU prefers non residents of the Commonwealth.....
https://www.paauditor.gov/press-rele...ct%20to%20open

Worked there for 9 months out of grad school. It seemed like 75% of the students were from SEPA, South Jersey, Long Island, and DMV. I met exactly one student who had transferred up from a "Commonwealth Campus"

[only1]

State Rewards Pa. System for Efforts to Remake Itself


https://www.insidehighered.com/quick...-remake-itself

[IUPNation]

The value of the property in Montgomery county must account for a nice share of the university endowment. Never realized that in the early part of the 20th century Ambler was the "asbestos capital of the world."

Ambler is a pretty nice older town now.