<p>Very good report.
Econ Dept rebuilt with some real stars.
Healthcare career planning/advising office (med school planning etc.)
More fin aid
More FIGs and new residential college launched
etc</p>
<p>Interesting news. But I have a question: </p>
<p>Quote from the news" The initiative uses a supplemental tuition charge to invest in the quality of the undergraduate experience while vastly expanding the pool of need-based aid available for UW-Madison students and their families."</p>
<p>Does this mean that UW is robbing Peter to pay Paul?</p>
<p>Please advise.</p>
<p>No, it doing what most schools already do–use some of the money it collects to offer fin aid to those in need. Just in this case you actually get to see the connection. Institutional fin aid has to come from somewhere and unless you are Harvard with $25 Billion it comes from the tuition paid by others. There is no Santa Claus in this case.
Many other schools handle it through what is called tuition discounting where some pay full and others get a $10,000 “scholarship” which is really just a discount in what they pay. There is no “scholarship fund” sitting in a bank. They just charge some folks less $$$.</p>
<p>A famous quote from Karl Marx: </p>
<p>“From each according to his abilities,
to each according to his needs.” </p>
<p>by:</p>
<p>Karl Marx
(1818-1883) Father of Communism, Author of the ‘Communist Manifesto’
Source:</p>
<p>The Criticism of the Gotha Program, 1875</p>
<p>Source: <a href=“http://quotes.liberty-tree.ca/quotes_by/karl+marx[/url]”>Karl Marx Quotes/Quotations from Liberty Quotes;
<p>Public colleges are pretty much a socialist concept. Works for most people. Guess we have our first Tea Party poster.</p>
<p>I am not for the Tea Party nor for the Communist Party. What I concerned about is the proper use of the taxpayer’s $$. Those smart kids who can’t afford college education should be taken cared of. They will pay back to the society in due time. There is no question about that.</p>
<p>A. None of the funds used for the scholarships under this program (or the program overall) is taxpayer money. The state does not provide significant direct funding to UW for scholarships of any kind. </p>
<p>B. I guess you don’t have a problem with the fin aid through the Madison Initiative. It would have been much clearer if you just said that. Quoting Marx without saying whether it was being done as support or as a criticism (both uses are common with the latter more common today) left it for everyone else to guess. Glad you support the program. Your first post certainly made you sound more Tea Party than Marxist–spread the wealth (bad). What exactly are you saying?</p>
<p>The smart state residents whose parents earn less than a stated amount do not have to pay the extra charge- this is instead of just increasing tuition all around to get the money. The state has no obligation to OOS students (their own states can subsidize their educations) so OOS lower income families can’t get this fee exemption. Of course there are always those whose income is near the borderline and will have to pay this fee- lines get drawn. This means that some of us with students at UW and whose income is above the exemption level are subsidizing those instate studets whose family income is below the income level chosen. Those state taxpayers without students at UW-Madison aren’t affected.</p>
<p>Actually since OOS students are paying far more into the program than instate per student, they ARE allowed to receive fin aid from the program in proportion to what they contribute. Correct and fair way to handle the situation.</p>
<p>“To ensure affordability of the opportunity to attend UW-Madison, in-state and out-of-state students who are eligible for need-based financial aid and whose families earn $80,000 or less will receive grants to offset the supplemental tuition charge.”</p>
<p>[Understanding</a> financial aid as it relates to the Madison Initiative Madison Initiative for Undergraduates](<a href=“http://madisoninitiative.wisc.edu/frequently-asked-questions/understanding-financial-aid-as-it-relates-to-the-madison-initiative/]Understanding”>http://madisoninitiative.wisc.edu/frequently-asked-questions/understanding-financial-aid-as-it-relates-to-the-madison-initiative/)</p>
<p>To clarify, that’s Adjusted Gross Income (AGI) of $80,000 or less.</p>
<p>Good information and clarification, thanks.</p>
<p>The program sounds reasonable to me, a WI taxpayer and a parent of Applicant to UW, with AGI above 80K.
Thanks for the clarification.</p>
<p>One more question: I thought the state matches $1 for every dollar collected from tuition? May be I am not correct?</p>
<p>Wisconsin Residents (of all income levels) - if you/your child joined the Wisconsin Covenant program back in 8th grade, remember to complete the ‘senior confirmation process’ by April 1, 2011 to receive your grant:</p>
<p>[Wisconsin</a> Covenant: Senior Confirmation Process](<a href=“http://wisconsincovenant.wi.gov/section.asp?linkid=1698&locid=124]Wisconsin”>http://wisconsincovenant.wi.gov/section.asp?linkid=1698&locid=124)</p>
<p>No, wish that were true but there is no state match on tuition. Quite the opposite. The state expects the UW to offset cuts in state funding by raising tuition. Hence the rapid increases over the last 10 years as state funding dwindled. The Madison Inititiative was a completely internal UW Madison program that was allowed under a rule that UW can increase tuition for special programs if they get student approval. It has to be renewed every 5 years.</p>