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|Archives - October 2006|
|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.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Friday, August 15, 2014
In this week's poll, we asked readers: "Who should pay for the troubled Cover Oregon website?" Here are the results.
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?”
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
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, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
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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.
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.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.