Originally posted by Fightingscot82
View Post
Announcement
Collapse
No announcement yet.
THE IUP Football Thread
Collapse
Support The Site!
Collapse
X
-
In fairness, PennVet is superb. I’ve worked with them on several projects and they’re leading some pretty impressive science that has international impact. However, I agree with your point about the $33 million vs the number of people locally that benefit. It sure seems like that could make more impact elsewhere. It bothers me to see private schools get any money from the state, but they’re well connected politically and pay lobbyists hefty sums to make sure the money keeps flowing.Originally posted by Fightingscot82 View Post
They've contributed $4 million but I agree for the most part. A state agency is creating a huge strategic initiative to improve the quality of life for the majority of the Commonwealth footprint. In comparison, each year the PA budget gives fully private University of Pennsylvania, a fully private university with a 5% acceptance rate and $25B endowment, an annual handout of $33 million to run their School of Veterinary Medicine, which has just a 7% admit rate. How is that benefitting Pennsylvania much at all?
Just to piss off all of you, Pennsylvania has allocated more for private Robert Morris University to explore (explore, not build) an on-campus ice hockey arena than for state-owned IUP to open a med school designed specifically to help rural Pennsylvanians.
- 1 like
Comment
-
They also pay fund managers hefty sums to make sure their endowments return rates that make hedge fund managers blush. Roughly 10% of Penn's $25B endowment is unrestricted, meaning they can use the annual interest draw, roughly 4% or $10M, however they wish, even though the endowment actually made 12% last year, so they pocket 8% growth.Originally posted by EyeoftheHawk View Post
In fairness, PennVet is superb. I’ve worked with them on several projects and they’re leading some pretty impressive science that has international impact. However, I agree with your point about the $33 million vs the number of people locally that benefit. It sure seems like that could make more impact elsewhere. It bothers me to see private schools get any money from the state, but they’re well connected politically and pay lobbyists hefty sums to make sure the money keeps flowing.
The real kick in the "psac" is that PennVet actually brings in more New Jersey students than Pennsylvania students. The whole point of the state funding higher education is to subsidize the average Pennsylvanian for the sake of Pennsylvania (fixed money now for long term higher taxes paid later). It doesn't benefit Pennsylvania when they're bringing in out of state students. Also, vets with a Penn degree aren't running the local community animal hospital. They're probably going to work for big pharma developing the next dewormer pill.
Comment
-
What is really irritating is watching these legislators divert money that should be going to state-owned schools and then carping about how the PASSHE schools aren't accomplishing their missions of keeping costs low for Pa. residents. If state aid shrinks much more, some of the schools might as well be private. Our young people already pay some of the highest public higher education tuitions in the country. There are poorer states than Pa. that actually do better.Originally posted by Fightingscot82 View Post
They also pay fund managers hefty sums to make sure their endowments return rates that make hedge fund managers blush. Roughly 10% of Penn's $25B endowment is unrestricted, meaning they can use the annual interest draw, roughly 4% or $10M, however they wish, even though the endowment actually made 12% last year, so they pocket 8% growth.
The real kick in the "psac" is that PennVet actually brings in more New Jersey students than Pennsylvania students. The whole point of the state funding higher education is to subsidize the average Pennsylvanian for the sake of Pennsylvania (fixed money now for long term higher taxes paid later). It doesn't benefit Pennsylvania when they're bringing in out of state students. Also, vets with a Penn degree aren't running the local community animal hospital. They're probably going to work for big pharma developing the next dewormer pill.
Comment
-
Right. This state makes it very difficult to operate nimbly, quickly, and efficiently. What doesn't help higher ed funding in PA is that we fund two competing systems similar to Texas (they have the UT and A&M systems) but without Texas level of revenue to support multiple systems. And then three more universities, a trade school, and PennVet getting hundreds of millions more.Originally posted by Ship69 View Post
What is really irritating is watching these legislators divert money that should be going to state-owned schools and then carping about how the PASSHE schools aren't accomplishing their missions of keeping costs low for Pa. residents. If state aid shrinks much more, some of the schools might as well be private. Our young people already pay some of the highest public higher education tuitions in the country. There are poorer states than Pa. that actually do better.
Comment
-
I read everything that comes out about the (proposed) med school. I really hope it succeeds. It seems to be on track, money-wise and with all these residency agreements. The students will be all over hospitals and clinics in western, central, and northeast PA. It is supposed to open in fall 2027 and will start accepting students later this year.Originally posted by Fightingscot82 View PostIn positive IUP news, 1961 alum Terry Serarfini has donated $1 million toward the medical school, so that's another inch closer to becoming a reality.
Comment
-
From Matt Burgland's most recent blog post, it appears that PSU transfer is DB Karson Kiesewetter, originally from Altoona and Bishop Guilfoyle HS. . He is a candidate for significant playing time, maybe even a starter.Originally posted by Tdobson View PostI heard that IUP got a kid from Penn State. It appears from the article that he played just about everywhere.
It could be a great pickup.
Comment
-
He didn't pick IUP to ride the pine. He's a Day 1 starter.Originally posted by iupgroundhog View Post
From Matt Burgland's most recent blog post, it appears that PSU transfer is DB Karson Kiesewetter, originally from Altoona and Bishop Guilfoyle HS. . He is a candidate for significant playing time, maybe even a starter.
Same with the Buckeye.
Comment
-
I really appreciate Matt's position-by-position write-ups. I think they are more thorough than the old IG articles which tended to lump a bunch of things together.
Today it's the RB's. It looks like they are very young but all 3 guys (Parson, Dixon, and Doerue) have a lot of potential. JD Younger was not mentioned and is not on the Spring roster so I am assuming he is not with the team for his final year of eligibility.
Also, in contrast to the delay last year, they already have the Spring roster up on the website.
Now, who will be the Offensive Coordinator?
Note: Overall, this will be a pretty young team (unless they get a slew of additional transfers). Yes, they probably will have a QB in his final year of eligibility. But otherwise they are young but not necessarily inexperienced. Should be an interesting team.
Comment
-
Originally posted by iupgroundhog View PostI really appreciate Matt's position-by-position write-ups. I think they are more thorough than the old IG articles which tended to lump a bunch of things together.
Today it's the RB's. It looks like they are very young but all 3 guys (Parson, Dixon, and Doerue) have a lot of potential. JD Younger was not mentioned and is not on the Spring roster so I am assuming he is not with the team for his final year of eligibility.
Also, in contrast to the delay last year, they already have the Spring roster up on the website.
Now, who will be the Offensive Coordinator?
Note: Overall, this will be a pretty young team (unless they get a slew of additional transfers). Yes, they probably will have a QB in his final year of eligibility. But otherwise they are young but not necessarily inexperienced. Should be an interesting team.
I wouldn't say he's off the team. A lot of these older players run into this during their last Spring. They have to preserve their last semester (and essentially sit out the Spring). Last year there were several of those guys.
I'd guess Younger will (again) start the season on defense (and get called back over if needed).
Comment
-
So why should this make IUP look bad when it was the locals who couldn’t control themselves?Originally posted by IUPbigINDIANS View PostWell, the idiots kept their guns away for almost all of IUPatties.
Then last night happened.
Two separate incidents of "shots fired".
Luckily nobody was hit. Naturally, it appears both instances involved non-IUP students.
Both were arrested.
Comment
Ad3
Collapse
Comment