If you don’t understand why it is essential for community colleges to re-assess the monetary value of their programs, the researchers at the Federal Reserve…
Posts published in “Deferred Maintenance”
The administration at Washtenaw Community College has incurred $20M in deferred maintenance projects around the campus. Deferred maintenance is repair work on buildings and systems that should have been done and was instead put off.
Taxpayers provided WCC with the money it needed to perform all necessary maintenance. Instead of using the money to repair buildings and critical systems, the administration has spent the money on other priorities.
If you’re up on architecture, you know that “British architecture” encompasses everything from Stonehenge to Perpendicular Gothic to The Gherkin. But the enduring value of…
Monroe County Community College will build a $25M expansion of its Welch Health Education Building without raising student tuition. When complete, the expansion will house…
In November, voters in California will consider a massive $1.5B bond issue to generate funds to repair and modernize K-12 schools and community colleges throughout…
If Washtenaw Community College needs another reason to increase its maintenance budget to the recognized industry standard of 2% of the current replacement value ($7.9M),…
Earlier this month, Oakland Community College and Oakland University announced a student housing partnership. The agreement will enable OCC students to live in OU campus…
In the last few months, a number of community colleges have announced that they will use layoffs as a way to address large budget deficits.…
For a long time, I have said that most community college degrees do not provide enough income for their recipients. The low average income of…
I have written at length about the risks that general obligation bonds pose to the institutions that issue them. When that institution is a community…
In Economics 101, one of the first concepts that students learn about is “opportunity cost.” When money is limited, a choice to spend it on…