PSU Trustees Thinking About Private Route

<p>Well, somebody important finally said it out loud.</p>

<p>Penn</a> State open to going private - Pittsburgh Post-Gazette</p>

<p>Cornell was a private university that then had some programs/colleges of public interest subsidized by the state of NY. This Penn State discussion would be a reverse, in which a public university might privatize parts of itself. I’m guessing they would privatize the parts with the highest demand - business, engineering, etc. </p>

<p>Right now, this is a subset of the Trustees talking about it.</p>

<p>If the State doesn’t slash Penn State’s budget, then this discussion goes away. If the State does slash Penn State’s budget, then in-state tuition will go up at a much faster rate than out of state tuition. Remember - that is the main use of the state money - to provide a tuition discount for in-state students.</p>

<p>There will be an even bigger economic incentive for Penn State to increase the percentage of out of state students at State College, which is already 1/3 of students.</p>

<p>I actually just heard from my financial adviser at the school im going to [I’m transferring to UP from another university, and this adviser is a PSU alum with multiple acquaintances/connects working at PSU] that they’re considering it. Now, I don’t know how much he knows or if he just heard of it like everyone else, but it’s worth taking very seriously [the idea that they could become private in the next couple years].</p>

<p>[PHILADELPHIA:</a> Penn State says it won’t become private, despite talk | Latest news | CentreDaily.com](<a href=“http://www.centredaily.com/2012/03/15/3127326/penn-st-says-it-wont-become-private.html]PHILADELPHIA:”>http://www.centredaily.com/2012/03/15/3127326/penn-st-says-it-wont-become-private.html)</p>

<p>[An</a> open letter to PA. College Students from a fellow student - “Don’t wait or it will be too late” - Democratic Underground](<a href=“http://www.democraticunderground.com/10741011]An”>http://www.democraticunderground.com/10741011)</p>