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KeithHokie89

Joined: 01/01/2005 Posts: 1929
Likes: 891

What's this?

Virginia's public colleges are separated into Education and General (E&G)


and Auxiliary. E&G is your instructional space like classroom buildings, libraries and some administrative offices. Auxiliary enterprises are Athletics, Parking, Dining, Housing etc. and they generate there own revenue and receive no state funds. When a Virginia public college builds a dorm, it is usually debt funded with 20 year revenue bonds. A new classroom building is generally funded by the state with the schools contributing a portion based on how good their lobbyists are. The state will fund 50% of the cost to construct research facilities since they also generate their own revenue through grants.

People love to look at sports and say this is why tuition is so high but the two have nothing to do with each other.

(In response to this post by VTHokie2000)

Posted: 12/14/2021 at 4:30PM


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Current Thread:
 
  Miami Faculty Upset With Mario Cristobal Contract After... -- EDGEMAN 12/14/2021 2:37PM
  They are overpaid and underworked -- mlewisr 12/14/2021 5:28PM
  That is not really..... -- 2hhoop3 12/14/2021 8:09PM
  Take away the no strings attached -- mlewisr 12/14/2021 8:18PM
  Do you realize..... -- 2hhoop3 12/14/2021 8:24PM
  So what is your solution? Or do you think this is not a problem? -- mlewisr 12/14/2021 8:30PM
  First...... -- 2hhoop3 12/14/2021 10:02PM
  Thanks for the compliment ** -- mlewisr 12/14/2021 8:00PM
  You are fundamentally clueless… ** -- Salmonellainyoface 12/14/2021 7:51PM
  That's just a stereotype, nothing more -- maroonhiker 12/14/2021 5:40PM
  I believe college professors deserve more pay. How much annual salary -- proudhokie2001 12/14/2021 7:52PM
  Thanks. I'm a professor, my brothers are electricians... -- WarDarnHokie 12/14/2021 6:16PM
  Amen -- DurhamHokie 12/14/2021 5:51PM
  Out of curiosity, what do you see as “well paid” or “middle class” salar -- CrystalCoveHokie 12/14/2021 5:43PM
  Way to stereotype and generalize... -- DurhamHokie 12/14/2021 5:30PM
  Don't know specifics -- mlewisr 12/14/2021 5:34PM
  Tution cost increases are more directly tied to increase in admin staffing -- ShockWaveVT 12/14/2021 6:09PM
  Don't know specifics... -- DurhamHokie 12/14/2021 5:55PM
  The U professors are not wrong, but they're not completely right either -- DurhamHokie 12/14/2021 5:27PM
  You're insinuating that coaches and profs are paid from the same pot.. -- Techsupport 12/14/2021 8:09PM
  That’s not entirely true -- DurhamHokie 12/14/2021 9:19PM
  You don't know what you're talking about... -- Techsupport 12/16/2021 09:22AM
  I will never ever pity an ivory tower professor complaining about salary. -- jdkhokie 12/14/2021 4:20PM
  The only people I know who got one year sabbaticals... -- WarDarnHokie 12/14/2021 6:23PM
  Interesting perspective -- Row5Q 12/14/2021 4:44PM
  Who cares? I lived in Blacksburg for 30 years, I've seen it. -- UEMcGill 12/14/2021 5:15PM
  Full paid junkets -- Row5Q 12/14/2021 5:22PM
  Oh, geez, you must be of academia. No point discussing it. ** -- UEMcGill 12/14/2021 5:54PM
  I'm sure you would take kindly to someone dismissing your profession of -- AbsolutVT03 12/14/2021 6:07PM
  Every job is easy to those who don't do it** -- GoobyPls 12/14/2021 10:54PM
  Nice take -- DurhamHokie 12/14/2021 5:57PM
  Thus why I say college sports are destroying themselves ** -- fordham 12/14/2021 4:06PM
  Even though I believe the faculty are asking legitimating questions -- VTHokie2000 12/14/2021 2:48PM
  Those pots are not necessarily so distinct -- Row5Q 12/14/2021 4:49PM
  And you are positive an internal loan wasn't taking place between -- VTHokie2000 12/14/2021 4:52PM
  That may be the case -- Row5Q 12/14/2021 5:01PM
  That is (mostly) true at public universities but same rules dont apply at.. -- ShockWaveVT 12/14/2021 3:49PM
  I know the rules between public and private colleges/universities -- VTHokie2000 12/14/2021 4:00PM
  The rules have much more..... -- 2hhoop3 12/14/2021 4:56PM
  Yes, I know and I talked about GAAP in another post. -- VTHokie2000 12/14/2021 6:06PM
  There are also legal requirements governing the expenditure of restricted -- RJHokie 12/14/2021 5:10PM
  Well said...... -- 2hhoop3 12/14/2021 5:16PM
  Don't think any rules apply to Liberty ** -- EDGEMAN 12/14/2021 4:00PM
  Huh ? ** -- mlewisr 12/14/2021 5:29PM
  Separate "pots" are true at many schools but apparently not at U -- WarDarnHokie 12/14/2021 3:34PM
  Depending on how Miami has established its G/L accounts -- VTHokie2000 12/14/2021 3:48PM
  The G/L accounts are..... -- 2hhoop3 12/14/2021 4:05PM
  If funds are restricted for a specific purpose, then most of the time -- VTHokie2000 12/14/2021 4:14PM
  I know that...... -- 2hhoop3 12/14/2021 4:44PM
  Wait until teachers start seeking cash bribes... -- MP4VT2004 12/14/2021 2:55PM
  It's becoming a business, so why not? -- EDGEMAN 12/14/2021 2:56PM
  Academic Eligibility Insurance Policies? ** -- MP4VT2004 12/14/2021 3:00PM
  Teacher NLI? ** -- VTHokie2000 12/14/2021 3:00PM
  Not really true at private schools. MIA is transferring hospital profits -- VictoryTurkey 12/14/2021 2:53PM

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