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|Sunday, October 01, 2006|
An investment lesson
Look to Colorado to see what impact Measure 48 could have on Oregon’s higher education.
By Marvin Kaiser
Over the past decade I have watched public higher education, a key ingredient to the successful future of our state, fall victim to disinvestment. And now Oregon faces yet another crossroads — the Taxpayer’s Bill of Rights (TABOR), on the ballot in November as Measure 48. It seeks to limit state spending to the percentage increase of population growth, plus inflation. As we enter the political debate over TABOR, an understanding of its implications for higher education is our shared responsibility.
Let me begin with a picture of higher education in Oregon. One view is of hope and accomplishment. In 2006 alone, Oregon University System (OUS) institutions served nearly 80,000 students. This is in addition to the nearly 86,000 students served in community colleges and another 33,000 in Oregon’s private colleges. In 2005, OUS institutions received more than $280 million in grants and contracts, mostly from federal agencies, for cutting-edge research, creative work and outreach, an amount nearly equal to what OUS annually gets in state support. OUS universities, with an annual payroll of more than $746 million, is one of the state’s major business enterprises. Oregon universities have entered into partnered initiatives in support of economic development through Manufacturing 21, ONAMI, ETIC, and the PSU Business Accelerator, among others. At an institutional level, OHSU continues to be among Portland’s largest employers. In 2005, Portland State University’s economic impact on the region was estimated at more than $1 billion.
Why should we care what happened in Colorado? One might argue that times are tight and we cannot afford the luxury of adequate support for most public services, including higher education. But the evidence raises questions about this conclusion. Seattle and the Silicon Valley make explicit the connection between a region’s economic health and a vital higher education system that produces an educated and creative citizenry.
Oregon has a proud heritage of taking on challenges and opportunities. This heritage has set us apart. Being 46th in state support, having an “F” in affordability and being last in faculty salaries is an affront to that heritage.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
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Thursday, June 19, 2014
BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Thursday, June 26, 2014
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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