economy
December 19, 2013
UW Plans To Create Startup Hub in Condon Hall
The University of Washington (UW) plans to convert a small section of the UDistrict into a “startup hub” that will help connect UW research activity with the entrepreneurial talent who can help commercialize it. The effort will begin with just one floor of Condon Hall – the old law school, which currently houses departments displaced…
June 18, 2013
Washington’s June Revenue Forecast Shows Small Improvements
On Tuesday, June 18, the Washington State Economic & Revenue Forecast Council (ERFC) released its quarterly update of General Fund-State (GFS) revenues. Compared with the March forecast, expected GFS revenues are up $110 million for the current biennium (2011-13) and $121 million for the next biennium (2013-15), meaning legislators have an additional $231 million to factor…
June 10, 2013
Senate Releases Revised Budget Proposal
On Saturday, the Senate released a revised budget proposal, which closely resembles the budget they passed in April. For the UW, the two budgets differ in just a few ways: Unlike the original Senate budget, the revised budget does not include a $12.5M transfer away from the UW Hospital Account; The revised budget does not cut the…
June 3, 2013
Washington Roundtable Urges Legislators to Prioritize Higher Education
A recent update on our state’s progress toward meeting the Washington Roundtable’s Benchmarks for a Better Washington emphasizes the need for legislative action on education, including protecting funding for our public universities, as well as transportation and business costs. The Roundtable – a nonprofit, public policy organization comprised of major, local business executives – created the Benchmarks…
March 1, 2013
Sequestration Goes Into Effect at Midnight
Sequestration will take effect tonight at midnight. While the cuts will be smaller than originally mandated ($85 billion instead of $109 billion), the impact in federal FY13 will be higher since the cuts must now be applied to only seven months instead of nine. Immediate and long-term impacts on the UW and Washington State are…
February 2, 2013
University District Unveils Its Strategic Plan
My name is Julia Martinelli and I am the Student Assistant for the Office of the University Architect within the Office of Planning and Budgeting. I am currently a Sophomore at the University of Washington and I am planning on majoring in Architecture with a minor in Urban Ecological Design and Italian. Within my position…
January 22, 2013
Moody’s Gives Higher Education a Negative Outlook
Last week, Moody’s Investors Service issued a negative short-term outlook for the entire sector of higher education based on its conclusion that every traditional revenue source for even the most elite colleges and universities is under pressure. That pressure, according to the report, is the result of nation-wide economic, technological and public opinion shifts, which…
January 2, 2013
Senate and Congress Reach Deal to Avert Fiscal Cliff
Yesterday, the Senate and House of Representatives approved legislation to avert the fiscal cliff. The deal postpones the automatic, across-the-board spending cuts—known as “the sequester”—by two months and increases tax rates only for individuals earning over $400,000 and couples earning over $450,000. The bill also preserves funding for Pell Grants and extends for five years the…
November 26, 2012
Higher Ed News Highlights
Here are a few noteworthy headlines from the past few days of higher education news: History professors at the University of Florida are fighting a proposed differential tuition strategy that would hold tuition rates stable for “high-skill, high-wage, high-demand” degree programs for at least three years. Most STEM degrees made the list of majors recommended…
November 20, 2012
NSSE Survey Finds Students’ Finances Affect Their Studies
As a means of both acknowledging and analyzing the recession’s impact on students, this year’s National Survey of Student Engagement (NSSE) included a new set of questions asking how students’ finances affect their stress and academic activities. Approximately 15,000 first-year and senior students from “a diverse group of 43 institutions” responded to the new addendum. …
Previous page Next page