The Pope Center for Higher Education Policy this week released a Spotlight showing why the UNC system should not rely on bonds to finance the UNC system's construction costs and highlighting better ways to address construction needs. The report poses questions that it says all citizens and legislators should ask before giving approval to the legislation: Can't the necessary capital dollars come from existing growth in funding?
The University of North Carolina at Chapel Hill pays professors the fifth-highest average salary among public universities of its kind, a study by the Pope Center for Higher Education Policy has found. The other Research I institution in North Carolina, North Carolina State University, also pays its professors well comparatively, with an average salary greater than the nationwide average for public Research I institutions. The study examined 56 Research I institutions' salaries adjusted for the cost of living at each institution's location.
Bonds may not be the best answer to UNC's rising construction cost, according to a recent analysis by the Pope Center for Higher Education Policy. The report comes in the wake of a proposal by the UNC Board of Governors to meet the university's construction needs by allowing the UNC-system to sell "special obligation" bonds and the state to issue "limited obligation" bonds. The proposal is scheduled to reach the General Assembly within weeks.
This year's House budget proposal of $13 million includes tremendous gains for higher education, including millions more for community colleges. The full House is expected to vote on the budget this week.