<p>If they do it, they better also not mess with bright futures, or there's will be more than 70,000 pretty angry college students..</p>
<p>Mark my words.</p>
<p>For every % that UF increases tuition, the State of Florida will eventually DECREASE its state contribution towards the university.</p>
<p>Is there anything that MANDATES that this surplus MUST stay as a surplus at UF?</p>
<p>UF should never tap into their endowment to pay for yearly operations. That would be unprecidented, and alumni would not want their donations to pay for what the state is failing to provide. I say reduce the number of undergraduates.</p>
<p>SSobick,</p>
<p>I agree 100%! Endowments are not there to pay for reoccurring costs!</p>
<p>xNYer,</p>
<p>I think you are right about that. If that indeed happens, then maybe UF should be a private school if state support is getting smaller.</p>
<p>You need to show me an ironclad document stating that they won't do this.</p>
<p>As I recall the proceeds of the Florida Lottery were to "ENHANCE" public education.</p>
<p>It's interesting to see that since the start of the loterry in 1986 the amount set aside for education appropriations as a percentage of total state education appropriations has actually steadily dropped from 59.7% in 06/07 down to 48.8 % in 06 /07.</p>
<p>So let's see...., the amount that the state actually contributes towards eductaion has dropped by 10.9%, yet low and behold the state lottery brings in 8%.</p>
<p>LINK: Page 39 of 40
<a href="http://www.fldoe.org/budget/pdf/lottery.pdf%5B/url%5D">http://www.fldoe.org/budget/pdf/lottery.pdf</a></p>
<p>Clearly the pattern has already been established as to what is bound to occur.</p>
<p>So my question is still out there. WHAT document prevents this from happening??</p>
<p>UF's endowment is run by their investment corp. and is not controlled by the state. Neither the Florida Board of Governors or the state politicians can take away our nest egg. It's never happend in the history of public higher education to my knowledge.</p>
<p>Here is a link: University</a> of Florida Investment Corporation - Wikipedia, the free encyclopedia</p>
<p>In addition, it would never happen or the Alumni would go balistic if they stole our donations because they are too cheap to pay their bills. You have nothing to worry about...</p>
<p>BTW: the newest capital campaign has already raised close to $700 million dollars over the last 3 years. In the next few years that number is expected to raise to $1.5 billion (+).</p>
<p>The overall endowment is currently at $1.29 billion, and with luck we should have raised that total number by at least $200 million.</p>
<p>It's not realistic that the state could get to the endownment.</p>
<p>However isn't tuition part of the University's operating budget?</p>
<p>Let's say that the tuition increase brings in another $100 mill to UF.
Could the State simply "underfund" UF by that same $100 Mill?</p>
<p>What prevents this from hapenning?</p>
<p>xNYer, of course they can under fund UF. The current people running our state do not care about creating a quality education system. They want to fund the flagship universities with as little money as possible -- enough to get by. If tuition brings in $100 more a year, then the state could see it as $100 million more "extra" money and therefore feel justified in taking away $100 million and using it on something else.</p>
<p>If UF is ever going to rise in the rankings for State institutions it wil need the additional tuition money dedicated towards reducing it's abysmal class size ratio.
If you look at the public universities ranked directly in front of UF there is really not much difference except for class size.</p>
<p>In terms of standardized testing UF is actually ahead of Penn State,UC-Irvine and UC- Santa Barbara. </p>
<p>LINK: College</a> Navigator - Compare Institutions</p>
<p>I guess it will come down to fighting for the funding.
Otherwise it will simply be the higher tuitions raised at UF,FSU & USF subsidizing the State of Florida much like the "enhancement" lottery money does.</p>
<p>seriously ... they better not mess up with the Bright Future</p>
<p>xNYer, that is why UF is ranked #2 in the Kiplinger ranking. UF is by far one of the most underrated universities in the nation. UF generates over $500 million in grants a year, that is more than UC-Berkley (the research powerhouse). Could you imagine what UF could do with 70% more tuition income? They would hire a bunch more professors to drop the student/teacher ratios to the teens.</p>
<p>shinichi1419, </p>
<p>Bright Futures is the reason why tuition is so low and the state is refusing to increase it to a respectable level putting us in the mess we're in. Bright Futures needs to be redone.</p>
<p>^ I agree fix Bright Futures</p>
<p>I agree, fix bright futures.</p>
<p>But do that after I get in, OK?</p>
<p>Per pg 11 of 40 of the link I provided previously the State of Florida Lottery made $1.44 Billion dollars in 06/07 to "Enhance" public education.</p>
<p>They allocated $346 Million or 24% of the total towards Bright Futures.</p>
<p>Did you know out of this same pot they allocated $176 Million or 12% towards the "Class size reduction" amendment.</p>
<p>Seems like the State whenever it gets into a bind goes right after the lottery money to fix any shortages related to "education"</p>
<p>So much for "enhancement"</p>
<p>I guess we better all go out and buy more LOTTO tix!</p>
<p>It's crazy how the state continues to deceive its citizens that the lotto helps education, when in fact it only replaces money the state was ready to give FLDOE, like xNYer pointed out. And now the legislature seems to believe we have enough funds to start giving out school vouchers too. (Amendment 9, on the general election ballot. Amendment 7 will allow the money to be used on religion-oriented schools.)</p>
<p>After Lawton Chiles died, education has become so messed up.</p>
<p>I never really understood the "class size ammendment". What is that about?</p>