Die U of Waterloo hat mit einem Defizit von 75 Millionen US-Dollar zu kämpfen

https://www.therecord.com/news/waterloo-region/u-of-waterloo-dealing-with-75-million-deficit/article_6301b47d-39f1-56bd-9cdd-74ebf41e83f4.html

16 Comments

  1. Famous_Track_4356 on

    University of Waterloo President Vivek Goel – $494,223 salary

    I think you can start there

  2. northern-fool on

    That school has 1300 people on staff and a $500 million payroll.

    Gee… I wonder what the problem is.

    And before people start yapping about how it isn’t that much… just think of how many of that staff is just service/maintenance staff making 50k a year.

  3. ultramisc29 on

    Sounds like it is time for the province to step up education funding.

  4. snipingsmurf on

    And this is coming from a school which has one of the best math programs in the world.

  5. I’m a big proponent for the value of a university education but there are too many non Stem degrees. Not to mention that the pensions are pretty rich.

  6. Different_Willow_139 on

    These educational entities surely fell for the capitalist trap of “exponential growth” aka continuous record breaking international student inflows. Running a business ain’t easy lmao

  7. Before people start saying.

    “BUT DOUG FORD CUT EDUCATION SPENDING. THEY HAVE TO GET MORE STUDENTS.”

    In 2023, the Ford government’s budget committed $34.7 billion to education, which is a 43% increase from 10 years ago. This is more than inflation and population growth.

    Ontario spends more per student than other large Canadian provinces. In 2024-25, the Ontario government plans to spend $13,852 per student.

    The 2022 Ontario Budget planned to invest $21.2 billion in education sector infrastructure over 10 years. This is an increase from the previous 10-year period.

    https://www.fao-on.org/web/default/files/publications/FA2210%20Education%3A%20Spending%20Plan%20Review/Ministry%20of%20Education%20-%20EN.pdf#:~:text=In%20the%202022%20Ontario%20Budget%2C%20the%20Province,dollars)%20compared%20to%20the%20previous%2010%2Dyear%20period.

    [https://www.taxpayer.com/newsroom/here%E2%80%99s-the-truth-about-ontario%E2%80%99s-education-spending](https://www.taxpayer.com/newsroom/here%E2%80%99s-the-truth-about-ontario%E2%80%99s-education-spending)

    https://www.opsba.org/wp-content/uploads/2023/03/OPSBA-Provincial-Budget-Highlights-2023-24.pdf#:~:text=%E2%80%A2%20Approximately%20$15B%20in%20capital%20grants%20over,schools%20is%20estimated%20at%20almost%20$17%20billion.

    https://ottawacitizen.com/news/local-news/school-of-thought-breaking-down-ontario-public-school-funding#:~:text=The%20Ontario%20government%20says%20it,is%20allocated%20to%20remote%20areas.

    People are free to make their own judgements but it doesn’t change the fact that Ontario spends more on its education today then they did before Trudeau took office. At the same time period these Universities and colleges also raked in hundreds of millions to billions of dollars of profits from bringing in international students. Most of the colleges and universities have staff that make half a million dollars a year.

    STAFF 6 FIGURES.

    Don’t feel sorry for these institutions. They’re literally robbing you blind.

  8. Buffering_disaster on

    Maintaining the profitability of your organization is the responsibility of its leaders, so is planning for a rainy day.

  9. IntelligentPoet7654 on

    They need to fire management and start teaching things that are useful or they will make the university bankrupt

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