University of Washington President Michael Young is departing to go to Texas A&M University in College Station, Texas. Why? Around $1.6 million per year. But more than that. He says the state of Texas is taking better care of higher education. Seattle Times
One of the attractions, he said, was the amount of money Texas lawmakers are interested in investing in the university system, and he expressed disappointment that Washington lawmakers haven’t done a better job here.
That’s not possible, because Texas is a Republican red state and Washington is a blue state controlled by Democrats!? Young says it is true. More...
The Texas job also sounded exciting, he said. “It’s about the opportunity to do something new. It sounds like an adventure.”
Sharp, who said Texas A&M is “already the largest dollar-wise research institution in the Southwest,” said he and Young discussed the university’s funding resources at length.
“I think he was pleased with that,” Sharp said. “I spent a great deal of time showing him what the budgets were and what the future budgets could be and where the money’s coming from.” The Texas A&M University System has an endowment of $11 billion, dwarfing the UW’s $2.8 billion, according to the National Association of College and University Business Officers.
There it is: more investment in the public state university in Texas than in Washington.
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