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|Articles - May 2012|
|Monday, April 23, 2012|
The state's business community has long supported public higher education funding, and put its muscle behind recent reform efforts. Business knows that an educated population is critical to the economic health of Oregon.
In this month’s Input, 52% of the 551 business leaders we surveyed in late March said funding for Oregon’s public universities should be a very high or high priority over other services.
Yet Oregon’s financial support for higher education ranks near the bottom nationally and the disinvestment in education continues, while the cost burden shifts to students.
As we show in our By The Numbers on student debt, average student loan debt continues to rise — 7% from 2009 to 2010 for all public and private Oregon higher education students — as does tuition and fees. Oregon students on average now carry about $24,000 in debt.
Oregon was one of 15 states receiving federal stimulus funding for higher education in 2009. Those funds are gone and according to the Grapevine study, conducted by the Illinois State University Center for the Study of Higher Education and the State Higher Education Executive Officers, it leaves many higher education systems “in significantly worse shape” than before the recession.
The study found state appropriations for colleges and students sunk by 7.6% in 2011-12, the largest decline in at least a half century. All but nine states experienced one-year declines from their 2010-11 totals. The 41 states that cut their spending did so by widely varying proportions. In Oregon, that cut was 8%.
Dwindling state support leaves colleges and universities and their students caught between a rock and a hard place: Pay the price for school and take on significant debt, or pay the price of giving up on a college education.
According to a 2012 report by the Pell Institute, Oregon has reduced its investment in higher education by 61.5% since 1980. If the trend continues, state investment will reach zero in 2036.
Is there hope the trend could be reversed by then? Zero investment in the future clearly is not an option.
Wednesday, August 20, 2014
By Kim Moore | OB Editor
The 2015 survey launched this week. It is open to for-profit private and public companies that have at least 15 full- or part-time employees in Oregon.
Tuesday, August 26, 2014
BY JENNIFER MARGULIS
In 2012 The Dalles, a city of some 14,400 located 75 miles east of Portland and often seen as the poor cousin to adjacent Hood River, completed a massive project to revitalize its dock.
Wednesday, August 27, 2014
BY LEE VAN DER VOO
By now we’ve all read the headlines: Starbucks is giving away free degrees. Except it isn’t.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Wednesday, August 27, 2014
BY KLINT FINLEY
Treehouse CEO Ryan Carson builds a 21st-century trade school.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.