|| Print ||
|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.
|The more they change, the more they stay the same|
|The 2014 List: The Top 33 Large Companies to Work, For in Oregon|
|The 2014 List: The Top 34 Medium Companies to Work, For in Oregon|
|The 2014 List: The Top 33 Small Companies to Work, For in Oregon|
|The future of money|
|Cerberus Capital to buy Safeway|
|U.S. adds 175,000 jobs|
|Bitcoin creator revealed|
|Staples closing 225 stores|
|EU to offer aid package to Ukraine|
|Daily sugar intake 'should be halved'|
|White House reveals 2015 budget|
Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Oregon State University's hospitality degree program invests in next-generation leaders.
Allowing individuals to access their own healthcare options has created more difficulty instead of making things easier. There are so many examples that illustrate why agents are more important than ever in helping businesses and individuals determine the healthcare coverage that best fits their need.
The 2014 World Trademark Review 1000 (“WTR”) recently named Lane Powell as one of the top trademark law firms in Oregon and Washington, and Lane Powell attorneys Kenneth R. Davis II, Parna A. Mehrbani, Frances M. Jagla and Paul D. Swanson as top individuals in the practice.
Capital Pacific Bank, a Portland-based community bank serving businesses, professionals and nonprofit organizations, today announced that it has earned recognition as a Certified B Corporation by B Lab, a nonprofit organization dedicated to building a community of socially responsible businesses. The bank is one of six financial institutions across the country to achieve B Corp status.
On Thursday, April 3, from 8 a.m. to noon (registration begins at 7:30 a.m.), Lane Powell will team with Oregon Business magazine for a half-day seminar titled “Best Practices For Best Employers™: How to Become One of ‘Oregon’s Best Workplaces’ Starting Today!”