SMU to cut $35mm through layoffs etc

[CalallenStang]

What do our peer institutions do? I know at Tulane this perk still exists and Tulane partners with dozens of other privates so an employee's kid can attend any of those partner schools for free.

Let's be clear, the perk still exists at SMU...that's not changing. What IS changing is who is actually considered an SMU employee.


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[couch 'em]

What do our peer institutions do? I know at Tulane this perk still exists and Tulane partners with dozens of other privates so an employee's kid can attend any of those partner schools for free.

Let's be clear, the perk still exists at SMU...that's not changing. What IS changing is who is actually considered an SMU employee.


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Indeed. It seems those who can most benefit are SOL.

Once again the bloated and debauched academic class presses the boot yet harder on the necks of the proletariat whom are their servants.

[whitwiki]

Lol

[b_caesar]

Surprised no one has mentioned anything about this yet...

http://blog.smu.edu/oe2c/2015/01/15/a-m ... nitiative/

[PonySnob]

Surprised no one has mentioned anything about this yet...

http://blog.smu.edu/oe2c/2015/01/15/a-m ... nitiative/

Layoffs happen all of the time in the corporate world. SMU has become bloated like companies do, and it's now time to trim the fat.


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[tristatecoog]

SMU doesn't do reciprocity with other schools. Apparently, they used to but too many other schools' faculty/staff were sending their kids to SMU vs. SMU's going elsewhere.

[72mustang1]

Stanford gives half of Stanford tuition to all of employees who qualify by length of service. They just changed who can live on campus to exclude doctors who are not faculty as they could pay much more than the other disciplines.They also built a bunch of houses for the coaches so they don't live 50 miles away.

[tristatecoog]

I think the SMU tuition break should be based upon length of service as well. Maybe if you're employed one year, you get 1/4 off, two years 1/2 off, etc. until you reach four years of service. Then you have to stay during your kid's schooling as well. Stanford can give half off because they don't give merit based scholarships. If the kid is from a staff member whose family earns under $90K, they will get a much better tuition and room/board break by just being admitted and getting financial aid.

[72mustang1]

Stanford went to the half tuition grant because less and less of the employee kids were getting accepted.Also this benefit really helps the highly compensated employee who would be paying the full load.

[tristatecoog]

Does Stanford have reciprocity with other schools? If not, it sounds like a good move to cut the tuition to half. The rate is subsidized for less compensated employees anyway and with only a half-ride, you don't count on the funding as much. Good thing since few will get in.

I wonder what the statistics are for faculty and staff kids at SMU.

[BigT3x]

Any word on how much the tuition increase will be this year?

[72mustang1]

Stanford does not have reciprocity with other university. The money is used to pay tuition at any school. When they went to this plan probably twenty five years you could opt to stay in the old plan free tuition at Stanford or go with the new plan half tuition at any school so how smart do think your kids are?

[NewAgeMustange]

I would assume the standard 6-8% increase for the year.

[83pony]

Many layoffs going on this week. The university may be bloated but it's not the fault of the everyday people who accepted the jobs in good faith. They're the ones paying the price by losing their positions because someone at the top couldn't manage the finances.

[b_caesar]

Many layoffs going on this week. The university may be bloated but it's not the fault of the everyday people who accepted the jobs in good faith. They're the ones paying the price by losing their positions because someone at the top couldn't manage the finances.

This is just week three of the planned six weeks of expected layoffs that were announced on Jan 15 by RGT.