Schools on the rise

College Search & Selection
301

<p>@phantasmagoric</p>

<p>^^ I agree(d)!! </p>

<p>

[/quote]
"For Ohio State, this means that, first, we must increase the number of highly talented research and teaching faculty at Ohio State University—that is to say, tenure-eligible faculty. After reviewing some initial analyses and assessing the effects of different actions, I believe that an eight to ten percent increase in the cohort of tenure-track faculty, with a mix of both junior and senior appointments, will be reflected in significant rankings improvements. To accomplish this, we will be increasing funding to cover recruitment of faculty, including compensation costs as well as start-up funding, space, and staff assistance for research purposes.</p>

<p>Given that we hire about 250 faculty members per year through normal attrition, achieving such an incremental recruiting goal will not be easy. Complicating this effort will be the reality that the production of new doctorates in critical areas has declined considerably, and the availability of existing talent has been decreased through demographic factors and competition from universities worldwide.</p>

<p>But in the absence of such an initiative, we will not succeed. Put another way, great faculty provide the “entrance fee” that allows us to stay in and win the competition for recognized excellence—an excellence that, in turn, attracts and retains additional great faculty colleagues and stimulating students. This is a truly virtuous cycle that we must nourish."

[/quote]
</p>

<p>That’s why my money is really on the additional 8 to 10% faculty hiring increase by 2020, which translates into roughly an additional 4~500 new faculties, or approx. 4~5 more faculties per ‘designated’ department at TOSU.</p>

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<p>I stand corrected. Here is the actual data from the school’s website in terms of number of tenure track faculty employed by TOSU:</p>

<p>Employees (Autumn 2011) Headcount</p>

<p>**Regular Tenure Track Faculty **<br>
2,930</p>

<p>Regular Clinical Faculty<br>
800</p>

<p>Regular Research Faculty<br>
91</p>

<p>Auxiliary Faculty<br>
2,433</p>

<p>Source: [The</a> Ohio State University - Statistical Summary](<a href=“http://www.osu.edu/osutoday/stuinfo.php]The”>http://www.osu.edu/osutoday/stuinfo.php)</p>

<p>Since we are only talking about increasing the ‘tenure track faculty,’ 8 to 10% would be roughly 240 to 300 more by 2020. Assuming additional 5 faculty positions added, about 50~60 programs will benefit as the result. And assuming the total number of undergraduate student body will be increased to 47k by 2020 (5k more than the current 42k students); Student:Faculty Ratio would be at around 14:1. hmm…</p>

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<p>The California State University campuses are likely to get much more selective very soon.</p>

<p>Unfortunately, the reason is due to budget cuts leading to capacity reductions. For example, CSU has cancelled spring 2013 admissions due to capacity reductions.</p>

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<p>

Berkeley is not resting on our “laureates”…
[The</a> Campaign for Berkeley](<a href=“http://alumni-friends.berkeley.edu/fightingback/]The”>http://alumni-friends.berkeley.edu/fightingback/)</p>

<p>;)</p>

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<p>Excerpt:</p>

<p>“The University of California system on Tuesday sold $860 million of taxable revenue bonds with a 100-year maturity. The so-called “century bonds” sold at a yield of 4.858%, or 165 basis points over the 30-year U.S. Treasury rate of 3.208 percent. Proceeds will be used mainly to finance capital projects at the San Diego, Los Angeles and Berkeley campuses.”</p>

<p>Source: [California</a> Sells 100-Year ‘Century’ Bonds - Income Investing - Barrons.com](<a href=“California Sells 100-Year 'Century' Bonds | Barron's”>California Sells 100-Year 'Century' Bonds | Barron's)</p>

<p>Well, I guess The University of California System decided to join Ohio State in this venture! :)</p>

306

<p>Excerpt:</p>

<p>“Since other universities, such as the University of Southern California are taking these types of initiatives, it is important for OSU to continue to make these connections now because plans can go either way, Brustein said.”</p>

<p>[Next</a> global office destined for India - Campus - The Lantern - Ohio State University](<a href=“http://www.thelantern.com/campus/next-global-office-destined-for-india-1.2676161]Next”>http://www.thelantern.com/campus/next-global-office-destined-for-india-1.2676161)</p>

<p>USC Globalization Offices</p>

<pre><code>* China

  • Hong Kong
  • India
  • Korea
  • Mexico
  • Taiwan
    </code></pre>

<p>Source: [International</a> Offices - USC Globalization](<a href=“http://globalization.usc.edu/international/offices.html]International”>http://globalization.usc.edu/international/offices.html)</p>

<p>Ohio State Global Gateway Offices</p>

<pre><code>* China - Shanghai 2010

  • India - Mumbai 2012
  • Brazil - Sao Paulo 2014
  • England - London 2015
  • Belgium 2015
  • Turkey 2017
  • Uganda 2018
  • Russia 2020
    </code></pre>

<p>Source: [Next</a> global office destined for India - Campus - The Lantern - Ohio State University](<a href=“http://www.thelantern.com/campus/next-global-office-destined-for-india-1.2676161]Next”>http://www.thelantern.com/campus/next-global-office-destined-for-india-1.2676161)</p>

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<p>What exactly are these tOSU global gateway offices? How large are they?</p>

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<p>@GoBlue81,</p>

<p>Usually one floor of a building at some of the best locations in the city, with roughly $1 million a year budget provided annually from the school for initial funding. But by the end of year two, the office must be able to be self-sustaining based on my reading (for instance, revenues can be obtained from providing classroom space for evening Executive MBA classes, MOU with other higher learning institutions for program(s) cooperation and revenues,…etc.). </p>

<p>Our Shanghai office was a HUGE success, not only did it help the school tremendously in terms of obtaining top prospects, but also consolidated our Alumni Chapters / networks in China. We also got lucky with the Mumbai Office, which opened last week. One of our wealthy local alumnus donated the entire office space along with the furnitures necessary for the office. Global offices are certainly the leading trend these days among the top schools, because they cost much less than running an actual physical oversea campus. One of my Alma Maters - MSU actually lost tens of millions of dollars when its Dubai campus failed last year due to sudden economic downturn in the region… It is absolutely safer and very effective! In short, I believe Michigan should definitely do the same in order to further enhance its international exposure / reputation for the future!! </p>

<p>Excerpt:</p>

<p>"China was selected as the first location for a Gateway office because of Ohio State’s strong ties to the country in terms of its ongoing faculty connections and partnerships, study abroad programs, international student base and international agreements with institutions of higher education. Ohio State’s presence in China helps the university maintain existing partnerships and explore new relationships with universities in China in the hopes of collaborating on research, initiating study abroad programs and establishing the potential for internships.</p>

<p>With the official opening of the China Gateway in June 2010, Ohio State has made progress in its collaborative efforts in the Greater China area. The university continues to move forward building relationships in Shanghai, not only with the academic community, but with local government officials, Ohio-based businesses in China and international corporations as well. Ohio State works with these corporations to identify how the university could share its expertise with them in order to train and enhance the knowledge of their workforce.</p>

<p>The Gateway also serves as a location to host information sessions for students from China who want to learn more about the academic opportunities at Ohio State and is a point of contact for our strong base of alumni to gather informally and strengthen their connections to the university."</p>

<p>Gateway China Office: [Office</a> of International Affairs - China Gateway](<a href=“http://oia.osu.edu/china.html]Office”>China Gateway | Office of International Affairs | The Ohio State University)</p>

<p>Here is school’s official website: [Office</a> of International Affairs - Gateways](<a href=“http://oia.osu.edu/gateways.html]Office”>Global Gateways at Ohio State | Office of International Affairs | The Ohio State University)</p>

<p>Hope this helps! :)</p>

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<p>Oil and gas energy’s pay day: $500 billion</p>

<p>By David Hutton
TimesReporter.com staff writer
Posted Sep 24, 2011 @ 01:00 PM</p>

<p>COLUMBUS —When Chesapeake Energy taps its first well in Tuscarawas County in early October, it will put the county at ground zero for oil and gas exploration.</p>

<p>It also will put the region at the forefront of the debate over oil and gas exploration and its potential impact, which was in the spotlight during the 21st Century Energy & Economic Development Summit.</p>

<p>The two-day event wrapped up Thursday and drew more than 1,000 energy-sector lobbyists, business leaders and government officials interested in what could become an energy economy worth an estimated $500 billion in the state.</p>

<p>State Sen. Jason Wilson, D-Columbiana, was among the attendees at the summit, held at Ohio State University and sponsored by Columbus-based Battelle, an applied science and technology development company.</p>

<p>“What Ohioans are asking right now is: Where are the jobs and how can we rebuild our economy?” Wilson said. “This summit brought the top contenders that can create those jobs directly to Ohio’s state legislators.”</p>

<p>Summit participants provided considered points of view on issues at the intersection of economic development, education, energy and the environment that Ohio must address to develop a 21st-century energy and economic development policy.</p>

<p>Wilson said one of the reasons he was asked to attend the summit is his experience with energy issues. He is a member of the Energy and Public Utilities Committee. </p>

<p>Ohio’s natural gas and oil reserves are a multibillion-dollar windfall that could create more than 204,500 jobs in just four years, according to a study by economic research company Kleinhenze & Associates of Cleveland for the Ohio Oil & Gas Energy Education Association.</p>

<p>Keith Fuller, Chesapeake’s director of corporate development, told The Times-Repeorter recently the company is set to begin operations on its first well in Tuscarawas County in early October. The site is on New Cumberland Road, three miles northwest of New Cumberland.</p>

<p>Chesapeake has begun or completed 14 wells in six Ohio counties. That includes nine in Carroll County and one in Harrison County. Chesapeake also has one well each in Jefferson, Guernsey, Mahoning and Portage counties.</p>

<p>Aubrey McClendon, chairman and CEO of Chesapeake Energy of Oklahoma, said in a statement that “the size of the economic prize is about $500 billion.” His company already has spent $2 billion to secure drilling rights in the state.</p>

<p>“This will be the biggest thing in the state of Ohio since maybe the plow,” he said. “This will be truly, truly extraordinary.”</p>

<p>Source: [Oil</a> and gas energy’s pay day: $500 billion - New Philadelphia, OH - The Times-Reporter](<a href=“http://www.timesreporter.com/newsnow/x26165405/Oil-and-gas-energys-pay-day-500-billion]Oil”>http://www.timesreporter.com/newsnow/x26165405/Oil-and-gas-energys-pay-day-500-billion)</p>

<p>Excerpt: 4/13/2012</p>

<p>"NEW YORK (MarketWatch) —The hardscrabble city of Youngstown, Ohio, hadn’t seen a major industrial expansion in decades.</p>

<p>That finally changed in 2010, when European conglomerate Vallourec SA said it would significantly scale up in the region with an investment of $650 million and 350 jobs for a new pipe-making plant for its V&M Star unit.</p>

<p>“It’s probably the largest steel plant in Youngstown since the 1920s,” said Tony Paglia of the Youngstown/Warren Regional Chamber. </p>

<p>Cleveland Plus, an economic development group that encompasses Youngstown, Canton, Cleveland and Northeast Ohio, has notched private investment totaling nearly $10 billion in recent years. </p>

<p>Oil has already played a part in Ohio’s economic history dating back to the late 1800s, but the bulk of the industry began moving out after bigger oil strikes in Texas near the turn of the century." </p>

<p>Source: [Utica</a> shale bringing jobs to Eastern Ohio - MarketWatch](<a href=“http://www.marketwatch.com/story/utica-shale-bringing-jobs-to-eastern-ohio-2012-04-13]Utica”>Utica shale bringing jobs to Eastern Ohio - MarketWatch)</p>

<hr>

<p>*TOSU’s endowment about to skyrocket to the size of Texas in no time! ;P</p>

310

<p>^ Nat gas prices are at decade lows due to supply glut.</p>

311

<p>^^ I am also counting on the resurrection of Rockefeller’s Standard Oil Co. as the oil prices continue to rise! :)</p>

<p>NEW YORK (CNNMoney) – Ohio hasn’t been an oil powerhouse for nearly 100 years.</p>

<p>But thanks to controversial new drilling technology, the state that once produced a third of the nation’s crude and was the birthplace of John D. Rockefeller’s mighty Standard Oil could once again be a significant source of domestic supply.</p>

<p>It’s already attracting billions in investment from such big-name firms as ExxonMobil (XOM, Fortune 500), Chevron (CVX, Fortune 500), Hess (HES, Fortune 500) and Chesapeake (CHK, Fortune 500), Devon (DVN, Fortune 500) and Anadarko (APC, Fortune 500).</p>

<p>“It’s one of the most significant economic events to occur in Ohio in decades,” said Thomas Stewart of the Ohio Oil and Gas Association.</p>

<p>Source: [Ohio’s</a> economy set to see oil boom thanks to fracking - Dec. 20, 2011](<a href=“http://money.cnn.com/2011/12/20/news/economy/ohio_oil/index.htm]Ohio’s”>Ohio's economy set to see oil boom thanks to fracking - Dec. 20, 2011)</p>

<p>Buckeye Oil Billions Will Unleash an Ohio Manufacturing Tech Boom</p>

<p>A prediction. The Ohio Valley is on track to become a hotbed of innovation. And one which will almost certainly focus on 21st century manufacturing. The catalyst for this seemingly counter-intuitive claim? Money. Black gold. Ohio is about to be awash in both.</p>

<p>Source: <a href=“http://www.forbes.com/sites/markpmills/2011/09/26/buckeye-oil-billions-will-unleash-an-ohio-manufacturing-tech-boom/[/url]”>http://www.forbes.com/sites/markpmills/2011/09/26/buckeye-oil-billions-will-unleash-an-ohio-manufacturing-tech-boom/&lt;/a&gt;&lt;/p&gt;

312

<p>Excerpt:</p>

<p>"Within a year, there were 17 producing wells in the Big Lake Field, and the University of Texas was on its way to becoming a very wealthy school.</p>

<p>The Santa Rita continued to produce oil until it was finally plugged in 1990.</p>

<p>The University of Texas had built few permanent, substantial buildings before the Santa Rita began producing. Most of the campus was covered by shacks, which housed classrooms, labs, gymnasiums and other campus facilities. When the oil money started flowing, however, it triggered a building boom that produced many of the structures that are still used by the University.</p>

<p>In 1931, the legislature split the net income of the Permanent University Fund, with two-thirds going to the University of Texas and one-third to Texas A&M University.</p>

<p>The income was further split in 1984, when the legislature voted to include all the institutions in the University of Texas System, not just the main university at Austin, and the entire Texas A&M University System."</p>

<p>Source: [Oil</a> and Texas: A Cultural History | Texas Almanac](<a href=“http://www.texasalmanac.com/topics/business/oil-and-texas-cultural-history]Oil”>Oil and Texas: A Cultural History | TX Almanac)</p>

313

<p>^ Do you think it’s likely that the Ohio legislature is going to allocate a ton of acres to TOSU (in the case of Texas, a million) that will eventually be found to contain rich natural resource deposits?</p>

<p>These profits will end up in the state’s coffers, and they’ll give a little piece of it to TOSU in the annual budget. Sorry to be a negative nancy, but that’s the reality of the economy and state legislatures today.</p>

314

<p>^^ Thanks for the input, phantasmagoric!! I was NOT counting on the state to give Ohio State more land or more support in terms of annual appropriation! Ohio State is LARGE enough in terms of acreage (we have only used up 1,765 of the 16,132 acres we own) as one of the major Land Grant Institutions in the country. </p>

<p>Here is the Key! Ohio State is unique in the state of Ohio. Know that the people in the State of Ohio live and breath tOSU and buckeye sports. It is THE Ohio State University, one that not only represents the State of Ohio, but also assists the government agencies and individuals in terms of agriculture and farming. As such, many of these newly-made millionaire farmers have already expressed their desire to donate money to support the school. Also know that at tOSU, roughly 25% of our annual freshman class are 1st gen college students, and many have ties to these rural areas.</p>

<p>And if you must know, Yes! Columbus Ohio (tOSU campus in particular) is also sitting on top of these natural resources as evident by our recent geothermal wells drilling. Although the school are drilling these wells for providing dormitory cooling purpose, not for harvesting shale energy. </p>

<p>Source: <a href=“http://www.dispatch.com/content/stories/local/2011/09/21/osu-wells-between-a-rock-and-hard-place.html[/url]”>http://www.dispatch.com/content/stories/local/2011/09/21/osu-wells-between-a-rock-and-hard-place.html&lt;/a&gt;&lt;/p&gt;

<p>In short, tOSU’s official Fundraising Campaign to be kicked-off this fall. And the fact of the matter is: Fundraising or not, the 247,000 living alumni across the State of Ohio will continue to give back to the school - especially, when they become richer! :)</p>

315

<p>^ but the point is, the article you linked to (with the $500 billion in natural reserves) has nothing to do with TOSU. I’m not as optimistic that legislators will be willing to hand over profits, unless TOSU is legally entitled to them, i.e. it’s mined from their land (and even then, knowing the legislature, they’ll pull some public domain BS to take the profits). TOSU’s land may not have anywhere near $500 billion… or anything at all that could make them rich.</p>

<p>I could see being hopeful about fundraising and such elevating the status of the school (most universities are hopeful of this), but not about getting some golden ticket to the top by striking riches in the earth.</p>

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<p>

</p>

<p>hmm… Besides Texas, there was UCB in the past. </p>

<p>[History</a> - UC Berkeley](<a href=“http://berkeley.edu/about/hist/]History”>History & discoveries - University of California, Berkeley)</p>

<p>Nevertheless, I agree with you on the contemporary climate of the state legislation across the country, thereby perhaps limited the impact of oil boom to tOSU. However, please also note that this is certainly ONLY ONE of the many critical points that I’ve brought up in terms of elevating or transforming TOSU into one of the Top Publics in the nation academically. In fact, it is merely my take as a bonus, as there is absolutely no part or mentioning in its $10 billion (in addition to its annual $5 billion operational expenditure) - a decade long strategic plan currently implemented by the school. Truly, I have not been able to find any public school in the nation that are currently making similar pledge or investment in an attempt to improve school’s overall academic reputation (i.e. faculty recruitment, scholarships offer, facilities upgrade & even research expenditure by 1/3) in a likewise scale (not to mention the annual $500 million state appropriation which is unheard of in this day and age). When in doubt (which I absolutely do not) about whether tOSU are making a huge strive academically, my suggestion is to trust the most experienced College President in America and his A-Team. :)</p>

<p>Copyrighted Wallpapers: [The</a> One Ohio State Framework Plan – Sasaki Associates, Inc](<a href=“http://www.sasaki.com/project/29/the-one-ohio-state-framework-plan/]The”>The One Ohio State Framework Plan – Sasaki)</p>

<p>The Academic Arms Race: Ohio State as an Aggressor</p>

<p>Gee says “we are not competing with the Montana School of Massage. We’re fiercely competing with Harvard, Yale, Chicago, Stanford and the University of Michigan.”</p>

<p>Source: <a href=“CollegeLifeHelper.com - Helping College Students Online!”>CollegeLifeHelper.com - Helping College Students Online!;

<p>Ohio State continues to shell out millions</p>

<p><a href=“http://www.cantonrep.com/newsnow/x826293380/Ohio-State-paid-25-6-million-in-bonuses-in-2011[/url]”>http://www.cantonrep.com/newsnow/x826293380/Ohio-State-paid-25-6-million-in-bonuses-in-2011&lt;/a&gt;&lt;/p&gt;

<p>Still have the slightest doubt? Fine, read this:</p>

<p>A look at how other Big 10 schools are handling their budgets in tough economic times </p>

<p><a href=“http://www.mndaily.com/2009/09/30/big-ten-budgets-not-so-big[/url]”>http://www.mndaily.com/2009/09/30/big-ten-budgets-not-so-big&lt;/a&gt;&lt;/p&gt;

<p>Ok, gotta go! Go Bucks!! ^o^v</p>

317

<p>"Gee says “we are not competing with the Montana School of Massage. We’re fiercely competing with Harvard, Yale, Chicago, Stanford and the University of Michigan.”</p>

<p>You had better hope he doesn’t get fired by Urban Meyer first. :-)</p>

318

<p>Gee is kidding himself if he thinks TOSU is competing with Harvard, etc. right now. It’s not quite “competition” when one side is always winning by a pretty large margin.</p>

<p>Berkeley never got rich off the gold rush…</p>

319

<p>

</p>

<p>Berkeley got more than it bargained for imho. Without the Gold Rush (1848-1855), there would not have been metropolis SF, and perhaps the establishment of the City of Berkeley. If I am not mistaken, there were no UCB alum before the end of Gold Rush. Gold Rush prospered the Bay area, and the opportunity for Agricultural, Mining, and Mechanical Arts College to expand (by merged with College of California), which were the former bodies of University of California. In fact, I would even dare to say that the residual impact of the California Gold Rush over a century ago likewise benefited the nearby Stanford to this day. Only the Historian or perhaps the Anthropologist would know I mean… OTOH, Texas Oil Boom peaked between the 1910~1940s, at which time, substantial amount of alumni from both TAMU and UT were already produced and many had held key position as State’s Legislators. Therefore, the impacts were immediate and prominent in monetary sense, not indirect or more subtle as in the case of UCB and Stanford.</p>

<p>Related Story: <a href=“http://www.theotherpaper.com/news/article_957aeae4-fb3d-11e0-a8ef-001cc4c03286.html[/url]”>http://www.theotherpaper.com/news/article_957aeae4-fb3d-11e0-a8ef-001cc4c03286.html&lt;/a&gt;&lt;/p&gt;

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<p>No doubt, the Gold Rush had a big influence on the growth of the population in the Bay Area. But so did a variety of other factors, like the transcontinental railroad, the world wars, the establishment of Silicon Valley, the establishment of Berkeley and Stanford (the areas around them, esp. Stanford, were pretty sparsely populated / unpopulated until their establishment), immigration from Asia, the growth of wine country, and many others. Certainly the Gold Rush, which was short-lived, wasn’t enough to bolster the Bay Area to what it is today.</p>

<p>What do you have to say about USC? It’s come far recently, with a recently launched $6 billion campaign, which is why many say that USC is the most up-and-coming school. (I think it’s jumped something like 20 spots in the US News ranking in the past 10 years or so.)</p>