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Penn State Plan to Deal with $260m Shortfall

Eventually cooler heads will prevail and the fall semester will go off as it usually does. There are multiple strains of the virus, that eliminates a vaccine as a possibility. Bottom line, half the people who are dying are in long term care facilities where average life expectancy is 6 months. Almost all of the other people who die who at least one co-morbidity and most have multiple. If you are reasonably healthy, your chance of death from covid is miniscule.

Colleges do not allow students on campus in the Fall and they get killed financially. Room and Board are huge markups, lot of those dorms were built with borrowed money...
LULZ
 
And clearly this is turning out to be not nearly as deadly as everyone thought. With the new test in NY with people with antibodies it’s now estimated 2.7 million had the virus previously. That doesn’t mean they didn’t have symptoms. It was probably before anyone tested for it. I’ve said it numerous times I had it the beginning of February, I’ve asked for Antibody tests but no one here is doing it. So we are destroying the country for 0.2% death rate. And think about this if half are in nursing homes they’ve been wearing masks there this whole time. Cuomo was asked about this today and he didn’t have an answer...in NY they allowed positive patients from nursing homes to go back there. Wait you shut the economy down but let infected people back with at risk people. What sense does that make. Unfortunately doom sayers always win the day. Rant over.
LULZ
 
That strategy is idiotic. High risk populations should have been put on shelter in place directives along with those that must care for them while everyone else is put under regionally appropriate restrictions.

In a nut shell, we didn't have to destroy the economy to achieve the results we did given the very low risk THE VIRUS (insert foolish overly dramatic voice) is to almost everyone under 60.
Unless, of course, someone under the age of 60 who you love, happens to get the virus and die, or their health is drastically affected. Then it immediately changes our whole perspective.
 
Barron is kind enough to donate 10% split between employee and student emergency funds. Nice tax write off.

Yeah, if I understood correctly, there is no pay cut for the administration at PSU. Barron is voluntarily donating 10% of his monthly salary (through June?) and asking others administrators to voluntarily donate some money as well.

IIRC Barron makes in the neighborhood of $1.8 million per year- approximately $150,000 per month. So he’s donating $15,000 per month and will have to somehow get by on a salary of roughly $135,000 per month.

Meanwhile, those PSU employees at the lower rungs who can’t work now get a 50% reduction in pay through June (when everything will be re-evaluated).

Not a good look for the administrators. They should be leading by example IMO.
 
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Could probably let go of a few of those assistant AD’s in charge of Sunday parking lot cleanup to save some of that cash.
 
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Yeah, if I understood correctly, there is no pay cut for the administration at PSU. Barron is voluntarily donating 10% of his monthly salary (through June?) and asking others administrators to voluntarily donate some money as well.

IIRC Barron makes in the neighborhood of $1.8 million per year- approximately $150,000 per month. So he’s donating $15,000 per month and will have to somehow get by on a salary of roughly $135,000 per month.

Meanwhile, those PSU employees at the lower rungs who can’t work now get a 50% reduction in pay through June (when everything will be re-evaluated).

Not a good look for the administrators. They should be leading by example IMO.
Barron is a glutton for onion dip and cash, and not necessarily in that order.
 
So half the people dying are in long term facilities? So the risk of death is minuscule??? I think that better describes your knowledge of this pandemic.
He's right. Have you ever paid attention to nursing home deaths during flu season?
 
Yeah, if I understood correctly, there is no pay cut for the administration at PSU. Barron is voluntarily donating 10% of his monthly salary (through June?) and asking others administrators to voluntarily donate some money as well.

IIRC Barron makes in the neighborhood of $1.8 million per year- approximately $150,000 per month. So he’s donating $15,000 per month and will have to somehow get by on a salary of roughly $135,000 per month.

Meanwhile, those PSU employees at the lower rungs who can’t work now get a 50% reduction in pay through June (when everything will be re-evaluated).

Not a good look for the administrators. They should be leading by example IMO.
My thoughts exactly.
 
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My wife's uncle just tested positive. He's older (than me - mid 60's), lives in Philly. He also does not leave his apartment because of health reasons. He's been in his place, by himself (no wife/kids) since well before the lockdown. He has all of his food delivered. But, he also is visited by a nurse once a week. She must have had it and been asymptomatic because he's been feeling unwell since after St. Patrick's Day. Finally goes to the doctor a few days ago and is positive. He seems to be doing well, but still - pretty sh*tty.

A friend I have known since 5th grade got it - was taken to the hospital on the 19th of April which was also his 56th birthday. He is still there and not sure when he will be home. He is going to ve ok (or do his wife says). She is a nurse and she says she gave it to him.
They are in the Hobe Sound Fl area.
 
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My thoughts exactly.
The problem with these schools is that there is seemingly nothing that incentivizes them to become more efficient. Every other industry facing this challenge is stripping personnel down to the bone and imposing pay cuts on those who remain. Yet, these pigs keep their snouts in the trough.
 
The problem with these schools is that there is seemingly nothing that incentivizes them to become more efficient. Every other industry facing this challenge is stripping personnel down to the bone and imposing pay cuts on those who remain. Yet, these pigs keep their snouts in the trough.

“Never, ever, think about something else when you should be thinking about the power of incentives.”
— Charlie Munger

“Show me the incentive and I will show you the outcome.”
— Charlie Munger
 
The problem with these schools is that there is seemingly nothing that incentivizes them to become more efficient. Every other industry facing this challenge is stripping personnel down to the bone and imposing pay cuts on those who remain. Yet, these pigs keep their snouts in the trough.
I guess my other issue with all of this is....why in the hell would PSU fork out 50% of salaries for 2,000 people who have no work to do? They already paid 100% for an entire month. Furlough them completely and keep paying benefits. Recall as needed in July/August assuming fall semester is a go.
 
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Yeah, if I understood correctly, there is no pay cut for the administration at PSU. Barron is voluntarily donating 10% of his monthly salary (through June?) and asking others administrators to voluntarily donate some money as well.

IIRC Barron makes in the neighborhood of $1.8 million per year- approximately $150,000 per month. So he’s donating $15,000 per month and will have to somehow get by on a salary of roughly $135,000 per month.

Meanwhile, those PSU employees at the lower rungs who can’t work now get a 50% reduction in pay through June (when everything will be re-evaluated).

Not a good look for the administrators. They should be leading by example IMO.

They should but its been my experience they never do.
 
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Yeah there are those that think that way. Of course no one in their social circle is old fat diabetic or has other health related issues right? :rolleyes:

What is age cut-off for caring/not caring? Where do we define expendability as far as age is concerned? I want to properly judge people’s importance or unimportance.
 
Apparently the attitude is if the people dying are either old or fat then it's not that big of a deal. It really sad some people think that way.
I do not think he has a cavalier attitude about the deaths. Where us all the gnashing of teeth and panic with deaths by flu, cancer, COPD, and other chronic conditions. It is a fact that people with underlying medical conditions are accounting for the majority of deaths and that the majority of deaths are in densely populated areas.
Like the flu, this has morphed into many strains.
We cannot continue to hide out. I fortunately still have work in hospitals, though less than before. I exercise all protective protocols in place when I am there.
The nation must begin now to return to normalcy while encouraging the most vulnerable to exercise their own restraints.

We can go about our business with continued emphasis of hand hygiene and social distancing. Busineeses can and will adjust. Personally, I believe in "herd immunity" to bring this to a much quicker end.
Many if you might be OK with the continual infringement of our civil liberties, many if us are not and we want to move on. If you disagree then continue to "shelter in place"
 
If they totally believe there could be another outbreak Late Fall/Winter, I wouldn't be shocked if they do online for the next year. I think sending schools back right away is a gray area
If you watched last night’s CV19 update by the President’s team there was a presentation regarding the science of temperature, humidity and sunlight’s reduction (killing) of viruses. The summer time is better to have classes than the Winter. It is also better to start the season on time rather than later because it is warmer and more humid. Late November games could be played indoors where there is temperature and humidity controls.
 
COVID victims are disproportionately black as well. But it is a phucking fallacy that this is only an old folks disease. Note the latest data that some people in their 40s and 50s are suffering severe COVID related strokes. It’s a horrible disease. But hey, cooler heads will prevail.

data shows hospitalization rate and death rate for healthy people under 50 is near zero. healthy people get diagnosed daily with cancer and heart problems and all kinds of diseases. show me your data that shows how many people under 50 and healthy without a co-existing are having strokes. the data i use is right from the Virginia and New York numbers.
 
These college dorms are basically a cruise ship type settings and we know how this virus has been ripping through cruise ships. Pollock dorms have 40 students sharing the same bathroom.

If the virus takes hold you would likely see 60% of dorm residents infected in a short time. There are no easy answers to this.
 
Yeah, if I understood correctly, there is no pay cut for the administration at PSU. Barron is voluntarily donating 10% of his monthly salary (through June?) and asking others administrators to voluntarily donate some money as well.

IIRC Barron makes in the neighborhood of $1.8 million per year- approximately $150,000 per month. So he’s donating $15,000 per month and will have to somehow get by on a salary of roughly $135,000 per month.

Meanwhile, those PSU employees at the lower rungs who can’t work now get a 50% reduction in pay through June (when everything will be re-evaluated).

Not a good look for the administrators. They should be leading by example IMO.

Totally agree. In an effective army, the generals eat last
 
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Barron will probably try to take even more money from the AD for his museum now
 
Wonder how many people who are ready to sacrifice the vulnerable here were also protesting against the removal of Terri Schiavo’s feeding tube? That was quite the cause celebre among certain ideological circles for years - with even Congress and President Bush stepping
data shows hospitalization rate and death rate for healthy people under 50 is near zero. healthy people get diagnosed daily with cancer and heart problems and all kinds of diseases. show me your data that shows how many people under 50 and healthy without a co-existing are having strokes. the data i use is right from the Virginia and New York numbers.

Sorry Cletus. Wrong af. https://www.timesofisrael.com/new-r...y-coronavirus-to-people-in-their-40s-and-50s/
 
These college dorms are basically a cruise ship type settings and we know how this virus has been ripping through cruise ships. Pollock dorms have 40 students sharing the same bathroom.

If the virus takes hold you would likely see 60% of dorm residents infected in a short time. There are no easy answers to this.

Only 6 cruise ships saw more than 100 people infected, and one of those was a ship that had no passengers at the time. It didn't "rip through cruise" ships at all.

Plus a dorm room of a bunch of 18-22 yr olds is just a tad different than a ship full of 60-80 yr olds.
 
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These college dorms are basically a cruise ship type settings and we know how this virus has been ripping through cruise ships. Pollock dorms have 40 students sharing the same bathroom.

If the virus takes hold you would likely see 60% of dorm residents infected in a short time. There are no easy answers to this.
And neither the health center or the hospital can handle the volume of students getting the virus. Heck, the ER at Mount Nittany gets overwhelmed with drunks on a big game day
 
No fall semester on campus/no football season and a whole lot of businesses in State College are going to close for good.
If you can't survive in State College- even with a lost semester- you won't make it anywhere.
 
If you can't survive in State College- even with a lost semester- you won't make it anywhere.
I don't think State College is any different than any other town on lock down. Most small businesses can't survive in these conditions
 
Half the deaths attributed to this pandemic, are not occurring in nursing homes. He is wrong and now so are you.

But half the deaths are. Unless you think that half of the country's population lives in a nursing home, then it's no big deal

Flu outbreaks happen all the time in nursing homes. Remember the Washington nursing home that started all this had been cited twice in the past in its failure to properly response to flu outbreaks there.
 
But half the deaths are. Unless you think that half of the country's population lives in a nursing home, then it's no big deal

Flu outbreaks happen all the time in nursing homes. Remember the Washington nursing home that started all this had been cited twice in the past in its failure to properly response to flu outbreaks there.
A lot of people not in nursing homes are dying too, and under lock down conditions.
 
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If you read enough opinions here, it becomes easier to understand the mentality that led to the rise of HItler. I mean it is only the old and those with risk factors that are holding us down.
Sacrifice the old and infirm (Nazi's believed in eugenics and ridding themselves of those who held less value in society.)
It's sad and frightening at the same time to see the level of ignorance and chauvinism or xenophobia (New Yorker's are flooding to Pa.). Some of us were born and raised in Pa. and have lived in NY.
Hey. let's herd everyone who is over 60 and has health issues to Florida. Half of us are there anyway......and let the virus run its course. Everyone else back to normal. LOL
 
As of 4/23 there were 1491 total Covid deaths in PA. 849 were people in assisted care facilities. So how am I wrong?
You are using Pa. How about nation wide. You are wrong. NYC has over 15k deaths. 22% nursing home fatalities.
 
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