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#Post#: 30830--------------------------------------------------
The Cuts are Coming
By: OldSeawolf Date: August 16, 2020, 9:00 am
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HTML https://www.newsday.com/long-island/education/college-costs-this-fall-1.48145482<br
/>
For those of you that don't subscribe to Newsday:
Coronavirus forcing schools to freeze hiring, cut salaries, dip
into reserves
LI colleges and universities prep for COVID-free campus
Customers without Optimum service long after Isaias
St. James man says PSEG app kept him in the dark
Friday's forecast: Sunny with a high in the low 80s
Thursday's forecast: Cloudy and humid, chance of showers
Isles' Ledecky gives update on UBS Arena at Belmont Park
Lawsuit alleges car repair shop bilked customers
Thousands still without power nearly a week after Isaias
By Carol Polsky
carol.polsky@newsday.com
One of the SUNY system’s foremost research institutions, Stony
Brook University, will freeze hiring, cut salaries and budgets,
and take more than 50% from its $80 million reserve fund this
next academic year to offset mounting costs from the coronavirus
pandemic, the school's president said in a letter last week.
All of Long Island’s colleges and universities are grappling
with revenue losses and playing on their strengths to survive
the challenges of COVID-19, their leaders say, as they prepare
to reopen campuses with a mix of in-person, remote and hybrid
courses.
“The bottom line: We know we have at least a $109.6 million
deficit this year on the academic and research side, and it
could become significantly worse, depending on the future impact
of COVID-19 in our state and on our campus,” Stony Brook
president Maurie McInnis said in a letter to faculty and staff.
“The economic havoc COVID has left in its wake will be
significant and long-lasting, and it is impacting Stony Brook’s
financial health in multiple ways.”
Long Island schools refunded millions of dollars to students for
room and board cut short when campuses shifted to remote
instruction in March. Now, lowered density in dorms this fall
will further impact revenue at schools that typically have many
residential students.
Anticipated dips in enrollment, especially in international
students, also will affect tuition income, while federal aid
will cover only a portion of the costs of upgraded technology
for remote instruction, upgraded ventilation and other measures
to dampen the spread of the coronavirus, school administrators
say.
To defray costs, schools have left positions unfilled, cut
expenses such as nonessential travel, and in some cases
furloughed employees.
Stony Brook, which had an enrollment of more than 26,000 in
2019-20, said it lost $34 million in refunded fees and $12
million in other income last spring, plus spent $9.3 million in
COVID-19-related costs. The school anticipates a 17.5% drop in
out-of-state and international students for a $20 million
reduction in revenue, McInnis wrote. And, based on registration
information, it expects a decrease in the number of student
residents on campus from a capacity of 10,000 to 6,000, for an
estimated loss of $38.9 million.
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As the financial prospects darken, several graduate students
complained fall semester fee increases of about 18% are double
what they had expected.
Jose Moscoso, 28, a PhD candidate in Ecology and Evolution and
secretary of the Graduate Student Organization, said, "It's like
them saying 'yikes we bled money' so now the poorest,
lowest-paid employees on campus will have to carry this load.
Why are we not seeing higher administrative pay cuts?"
McInnis said Stony Brook had used $13.4 million in federal
support and achieved $18.7 million in savings from refinancing
student housing loans. But costs continue to mount, including
those at the university's hospital and clinic, which anticipate
"an additional loss of between $60 [million]-$80 million in this
fiscal year due to COVID," she wrote.
#Post#: 30831--------------------------------------------------
Re: The Cuts are Coming
By: guest369 Date: August 16, 2020, 12:06 pm
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Fuck New York State and FUCK SUNY! Taking away 46 million from
us in our most crucial time when public schools are most
important. I’m embarrassed that SUNY is so consistently awful in
terms of funding. A disgrace!
#Post#: 30832--------------------------------------------------
Re: The Cuts are Coming
By: NoVA_Seawolf Date: August 16, 2020, 2:50 pm
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This is going to be a sh*tshow all around. Not good at all.
#Post#: 30833--------------------------------------------------
Re: The Cuts are Coming
By: Hammertime Date: August 16, 2020, 4:27 pm
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[quote author=VA_Seawolf link=topic=857.msg30832#msg30832
date=1597607453]
This is going to be a sh*tshow all around. Not good at all.
[/quote]
I cant imagine SB not eliminating multiple D1 sports from their
program...I would bet the ranch on it.
#Post#: 30835--------------------------------------------------
Re: The Cuts are Coming
By: NoVA_Seawolf Date: August 17, 2020, 12:39 am
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[quote author=Hammertime link=topic=857.msg30833#msg30833
date=1597613239]
[quote author=VA_Seawolf link=topic=857.msg30832#msg30832
date=1597607453]
This is going to be a sh*tshow all around. Not good at all.
[/quote]
I cant imagine SB not eliminating multiple D1 sports from their
program...I would bet the ranch on it.
[/quote]
Men's soccer is gone at a minimum. Along with probably women's
tennis, and swimming and diving. Or perhaps they cut both men's
and women's soccer to start. Multiple schools will experience
cuts.
#Post#: 30836--------------------------------------------------
Re: The Cuts are Coming
By: Chairman of the Board Date: August 17, 2020, 7:55 am
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wow, what gives you that idea, just curious?
i feel for S&D. they just restarted, new staff, new facility,
new team.
when these things happen i'm always thinking title ix
implications, who has the large overhead, who brings in any
revenue, and who is on the U's priority list.
#Post#: 30837--------------------------------------------------
Re: The Cuts are Coming
By: NoVA_Seawolf Date: August 17, 2020, 11:26 am
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I'm aware of Title IX, but out of everything we've got on the
Men's side, soccer is the first on the chopping block and could
be cut without much fanfare. Women's soccer could be cut along
with it, but I mention S&D and Tennis simply because I imagine
they're less popular and will be missed less. If I'm wrong there
then other sports will be cut.
Football (yes, really), basketball, and LAX will be safe on the
men's side. Everything else is on the chopping block
potentially. Baseball I can't imagine being cut unless things
get really bad. The associated women's sports would probably be
cut too along with men's to keep the title IX stuff even and
save more money.
#Post#: 30898--------------------------------------------------
Re: The Cuts are Coming
By: Chairman of the Board Date: September 16, 2020, 11:37 am
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new SUNY chancellor, jim malatras, is a former cuomo aid and
pres of Empire State:
HTML https://spectrumlocalnews.com/nys/central-ny/ny-state-of-politics/2020/08/21/cuomo-ally-to-lead-new-york-s-suny-system
#Post#: 30899--------------------------------------------------
Re: The Cuts are Coming
By: Hammertime Date: September 16, 2020, 12:18 pm
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[quote author=Chairman of the Board
link=topic=857.msg30898#msg30898 date=1600274234]
new SUNY chancellor, jim malatras, is a former cuomo aid and
pres of Empire State:
HTML https://spectrumlocalnews.com/nys/central-ny/ny-state-of-politics/2020/08/21/cuomo-ally-to-lead-new-york-s-suny-system
[/quote]
This University is doomed. i am sorry to say it. Just look what
Cuomo did to NYS before the Pandemic. over 6.5 Billion Dollars
in debt, in a booming economy. If Jim Malatras was his advisory
during that time, Stony brook will be in a world of hurt
financially. get ready for higher Tuition prices coming real
soon!!
#Post#: 30904--------------------------------------------------
Re: The Cuts are Coming
By: NoVA_Seawolf Date: September 16, 2020, 9:19 pm
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[quote author=Hammertime link=topic=857.msg30899#msg30899
date=1600276724]
[quote author=Chairman of the Board
link=topic=857.msg30898#msg30898 date=1600274234]
new SUNY chancellor, jim malatras, is a former cuomo aid and
pres of Empire State:
HTML https://spectrumlocalnews.com/nys/central-ny/ny-state-of-politics/2020/08/21/cuomo-ally-to-lead-new-york-s-suny-system
[/quote]
This University is doomed. i am sorry to say it. Just look what
Cuomo did to NYS before the Pandemic. over 6.5 Billion Dollars
in debt, in a booming economy. If Jim Malatras was his advisory
during that time, Stony brook will be in a world of hurt
financially. get ready for higher Tuition prices coming real
soon!!
[/quote]
I hate that I have to agree with you, but you're probably right.
Him having worked with Cuomo for so long says it all. Of course
there will be plenty of money to be thrown around to pet project
and cronies and what have you, but none for SBU of course. >:(
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