Wednesday, September 1, 2010

The bottom line

Today's Eagle reports on a new way A&M is leading the way in redefining higher education
A several-inches thick document in the possession of A&M System officials contains three key pieces of information for every single faculty member in the 11-university system: their salary, how much external research funding they received and how much money they generated from teaching.

The information will allow officials to add the funds generated by a faculty member for teaching and research and subtract that sum from the faculty member's salary. When the document -- essentially a profit-loss statement for faculty members -- is complete, officials hope it will become an effective, lasting tool to help with informed decision-making.
According to System VP Frank Ashley, most departments are in the black. The System isn't releasing the document yet, which makes sense to Vision 1920. There is obviously something wrong with the metric if it shows those lazy faculty with their tenured jobs as actually pulling their weight.

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