Which leads to an interesting (at least I think so) question: do unabsorbed costs of one division leak into others e.g. is undergrad tuition at, say, University Park subsidizing Dickinson Law? I'd like to say "no" but I couldn't with any degree of confidence.
Attending a Univ Research Conf - PSU one of the presenters
- Thread starter blion72
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Which leads to an interesting (at least I think so) question: do unabsorbed costs of one division leak into others e.g. is undergrad tuition at, say, University Park subsidizing Dickinson Law? I'd like to say "no" but I couldn't with any degree of confidence.
I don’t know the answer to that; what I do know is that Dickinson’s (Carlisle) latest disclosures indicate that more than 70% of its ~200 total students have either full tuition scholarships or a full tuition scholarship with an additional stipend, and the University Park campus’ numbers are similar. Someone is making up that difference, and unless they’ve gotten several donations in the 8 figures in the recent past that haven’t been publicized, the university is eating the costs. Where the books are balanced from there is anyone’s guess.
That is unusually high (to say the least) for a professional school. Any idea why?
Unusually high is an understatement. Amongst relative peer schools in-state, the percentage of students receiving half-tuition scholarships or larger is: 58% at Villanova, 39% at Pitt, 49% at Temple, and then 86% at PSU-UP and 91% at Dickinson. It’s staggering.
Couldn’t tell you, but a few guesses: the purchase, combined, and separated campuses of the law schools have led them to believe that they need to “establish” themselves by giving heavy incentives for students to attend, especially since the alumni relationships were so fractured by Spanier during the purchase of Dickinson saga; Penn State and Dickinson’s locations are less than enviable for law students, where there’s an advantage in being within commuting distance from state and federal courts and law firms for internship and job opportunities both during the school year and in the summers; and an overall slackened applicant pool that never really recovered post-recession.
My personal guess, though, is that it’s a rankings related numbers game - the US News law school rankings take into account the overall student aid pools and the overall resources a law school has at its disposal via tuition revenues. This incentivizes schools to enter into a game where they set “tuition” at a shockingly high amount, but then give “scholarships” to almost every student in order to double-dip the rankings metrics by both having high resources and a high student aid pool. In Penn State’s case, out-of-State tuition is more than $50,000, far higher than its peer schools, and doesn’t give a set in-state tuition discount unlike its state-related peers, but instead gives an automatic $20,000 “scholarship” to every Pennsylvania student.
In short, the schools are so bad they have to pay the students to attend.
My guess is it’s more a situation of “pay the students to attend for as long as it takes to boost our rankings high enough that we don’t need to pay them as much anymore.” Whether that strategy pans out is anyone’s guess, but Dickinson in particular certainly presents a fantastic value while the gettin’ is hot if you don’t mind a career practicing law in the Harrisburg area.
My mistake, 38%. Just like OSU's total research has gone down over the last reported five years. Oh, wait, that wasn't my mistake.
I have toured it extensively. Both while under construction and after it has been up and running. On my second tour (when it was fully operational) I was concerned about the number of Chinese nationals who had access to this technology that makes us "safer from our adversaries".
Jesus you are a blow hard. OSU’s own data on their research expenditures are below.
https://research.osu.edu/about-us/facts-and-figures/
More great news about Penn State:
IBM donates super computer system to Penn State’s CyperSience Institute. Facilitating advanced research in Artificial Intelligence and Machine Learning. Right in PSU’s research wheelhouse. Again, The CSI is a multi-disciplinary approach that industry loves!
PSU team places second in Nasa’s 3-D printing Mars Habitat competition to the tune of $200,000. What cool stuff. Great faculty, impressive students. Main campus 3D printing facilities are so impressive. Alloys, metals. Precision parts for jet fighters, submarines, and medical device applications (great synergy with Hershey).
Great facilities, faculty and leadership. All from the culture effective leadership creates!
Penn State Proud!
IBM donates super computer system to Penn State’s CyperSience Institute. Facilitating advanced research in Artificial Intelligence and Machine Learning. Right in PSU’s research wheelhouse. Again, The CSI is a multi-disciplinary approach that industry loves!
PSU team places second in Nasa’s 3-D printing Mars Habitat competition to the tune of $200,000. What cool stuff. Great faculty, impressive students. Main campus 3D printing facilities are so impressive. Alloys, metals. Precision parts for jet fighters, submarines, and medical device applications (great synergy with Hershey).
Great facilities, faculty and leadership. All from the culture effective leadership creates!
Penn State Proud!
I realize the leadership of this University is not as bad as many here (including myself) portray it to be, but to suggest it is great borders on the absurd. At best it is average. Penn State is a good University, not great, and its status in the academic community is trending downward, albeit slowly. That trend could be reversed by "great" or even "good" leadership, but at Penn State such leadership is sadly lacking.
IBM donated an AC922 server to PSU. Nice piece of hardware, but not a supercomputer.
You're putting the architecture of a commodity AC922 in the same league as Summit and Sierra? I don't need a case; you've made it.
So proud?
Yet so anonymous?
I wonder why?
LOL.
The fact that your “pride” is highlighted by your excitation at how much was spent - rather than how much was achieved - is kinda’ telling
Almost as if, for you, the accomplishment WAS spending as much as possible.
The fact that you continue to be utterly unable to differentiate between opposing “fraud” and “waste”, as opposed to “investment” is another.
Funny that, eh?
So.... Mr/Mrs/? Featho...... you gonna’ come out from behind your Momma’s skirt?
Or are you gonna’ live the rest of your life as some anonymous scrotum licker?
Man, bitchy much? Why do you even talk PSU anything? Maybe rename the board to something non-PSU since you're so anti. Good grief. It's pretty damn sad.
Penn State continues to knock it out the park. Helping to build a much needed and improved eco system for startups in this economically declining state. $750,000 for deep learning? Continue to be PSU proud. So many great things happening. This is just from my LinkedIn news feed.
https://www.pennlive.com/opinion/20...nomic-green-shoots-emerge.html?outputType=amp
https://news.psu.edu/story/573460/2...5-08-2019-22-22&utm_campaign=Penn State Today
https://www.pennlive.com/opinion/20...nomic-green-shoots-emerge.html?outputType=amp
https://news.psu.edu/story/573460/2...5-08-2019-22-22&utm_campaign=Penn State Today
So, by my rough calculations, that $70MM+ for the museum could fund more than 70 of those world beating projects. Which to choose, which to choose...
Barron is leading the Invent Penn State initiative. Some great hires from the private sector. Attracting Venture Capital is key here, and is happening. If you are a qualified investor check on the 1855 fund. Some great startup opportunities. This doesn’t happen by accident. Providing administrative support, legal advice, etc to students, alums, and folks off the street. Pennsylvania is a mess. The only hope is attracting intellectual capital. Perfectly fits the land grant mission. Hence the $1 million PNC investment. You guys really don’t have a clue!
Bear in mind that $85 MM is the cost now. With a bit of elbow grease (or maybe not for the elbow
), I'm sure barren will come up with a revised proposal that costs more (which will of course be approved by the bot).Norm. You have some real mental health issues. I suspect is stems from a complete lack of friends, running a marginal business at best, and the knowledge that aside from a free football message board forum no one cares what you say. Most importantly, you are a despicable human being. Please seek help!
Yes, you have made the point quite convincingly that intellectual capital is clearly needed badly. Let's build yet another building that produces nothing while claiming funds are badly needed. All is well.
They are stealing there as well. Chinese theft of intellectual property is likely to be the biggest property theft in the history of man.
And of course, universities aid and abet the theft.
Speaking of which...… anyone got any deeper info wrt KCF?
Did the Chinese steal the secret blend of spices which makes the chicken taste so good?
That's nice, but I'll kindly wait for feato to finish up his work day and provide a more credible response. You understand of course.
