Posts

Showing posts with the label Funding

Professor Poaching at Public Universities

Professor poaching is something that is quite widespread throughout academe. I see it all the time at Columbia (usually from the perspective of the poacher). From the side of the poached, however, large public universities are being forced to create special funds in order to keep highly productive, high profile professors who are getting outside offers, and this in a down economy. And they seem to be doing a good job. According to an article in the Chronicle, many of the major public universities are retaining about 75% of the faculty whom they give a counteroffer. They don't give counteroffers to everyone (sometimes the offer from the other institution is just too good to match or beat, and they don't bother with institutions they perceive as less prestigious). But money is only part of the strategy. They are matching some of the poachers' benefits--things like reduction of course load, increased graduate students, increased teaching or research assistance, and simpl...

Financial Problems Unique to Catholic Universities

In the Chronicle , there was an article detailing some of the financial difficulties that many Catholic Universities are currently facing across the US. Most of the colleges and universities were founded by orders like the Jesuits or the Sisters of Notre Dame, etc. They relied upon these orders or the church for funding and oftentimes for the physical land and buildings as well! The faculty have traditionally been filled by priests, nuns, and monks who taught for free! Boards also drew upon such pools rather than people skilled in raising money (as at other institutions). But such unpaid faculty members are in shrinking supply. In fact, there have been increasingly fewer Catholics going into these religious orders since the 60s (correlating with Vatican II). Faculty positions, therefore, are being filled by lay people, who require payment and benefits comparable to their counterparts in other universities. And the boards are not very adept at raising money, meaning that their end...