<p>Fellow wahoo alumni and future alumni,</p>
<p>the university has slowly slipped in the national university rankings from 21 to 24/25 ish in the past 2 decades. Other institutions are surpassing UVa for two reasons: per capita student size of endowment and control of the instituion's future. I know in my gut that Mr. Casteen would take UVa private if given the opportunity. The University is essentially private now--close to 100% of the annual operations are privately funded; ie, not by the state of Virginia.</p>
<p>I agree with the response below that the value of the UVa degree would skyrocket if the University went private. We would climb in the ranks, gain prestige, and possibly be invited into the Ivy League. Unfortuately, Mr. Jefferson pursued a public institution in a different time in our history. Today, the name of the game is private universities, with massive alumni fundraising efforts to get that endowment into the billions and billions of dollars. If you don't believe me, check out the endowments of Harvard, Yale and Princeton...they have more cash than more corporations, and some nations.</p>
<p>The University cannot and should not be compared to UC Berkeley, nor should the University follow Cal's model. Cal has its own uniqueness that makes it a great university that UVa could never compete with--location (SF Bay Area), Nobel laureates, incredible compensation packages for professors, and federal funding for science and engineering programs such as, um, our entire nuclear energy management system. Cal is a research machine, and has been for decades and decades.</p>
<p>In order to increase the prestige and rank of the University, Mr. Casteen must work to take our beloved institution private, hiring the best research professors, and invest heavily in science and engineering programs that are on the forefront of 21st century thinking.</p>
<p>Sooner is better than later. Other private institutions are already ahead of UVa by $1 to $20 billion at this time. For those who wish to keep the University public, I urge you to do real research on the subject, and start fighting for your University, as opposed to trying to keep with an outdated, unproductivity ideal that is proving to be a "losing" strategy. Mr. Casteen knows this, and that's why he's on a decade long mission to seek out billions of dollars in alumni gifts to keep the University in the tier 1 category.</p>