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Archive for Saturday, April 24, 2010

KSU leader foresees 100% private funding

April 24, 2010

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— Kansas State University President Kirk Schulz says the Manhattan university could be completely funded by private money within two decades.

Schulz told The Kansas City Star that with a continual drop in public funding, he expects Kansas State to eventually be operating on money from donors, tuition and grants.

He says the state funded 42 percent of Kansas State’s budget 10 years ago. That has dropped to 22 percent this year.

Schulz says the drop in public funding makes it difficult for administrators to plan for the future.

Schulz and other university leaders are supporting sale tax increases to increase the state’s revenue stream.

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