Decoding Leadership Decisions Impacting Student Fees and Debt at SSC
Uncover the implications of leadership decisions on student fees, debt, and retention at Salem State University chapter of MSCA. Explore the funding structure behind campus buildings, the affordability of SSU, and the push for additional debt during the pandemic. Dive into capital debt obligations, instructional costs, and campus spending habits revealed through data sources like IPEDS.
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Presentation Transcript
MSCA/ Salem State Chapter How Leadership Decisions Drive up Student Fees, Put our Students in Debt, & Decrease retention
Capital Assets & Debt Group MSCA Faculty: History, Economics, Political Science, Psychology Students: Former and Current Student Trustees Data mined: Board of Trustees Docs (Audits Reports and Finance Committee minutes) Federal IPEDS Data DCAMM Reports MSCBA Reports
Who pays for our campus buildings and renovations? Before: The Commonwealth Now: College Campuses Massachusetts State College Building Authority (MSCBA) is our campus lender, and SSU pays annual debt service for: Mass Dept. of Capital Assets Management & Maintenance DCAMM paid 100% of costs for: 2013 Library & Learning Commons 2010 Renovation of Sullivan Building 1990 s Central Campus 1970 s South Campus 1960 s North Campus Dorms, Meier Hall & facilities DCAMM owns the buildings and rents the land from the state for $1, but Deferred Maintenance is now the responsibility of the Campus. $223,873,734 in projects 14 million paid annually, mostly through student fees
Yet, even during this pandemic our Board wants to continue taking on debt on the back of students! Proposes less than 50 % of financing from the Commonwealth Commits all of SSU reserves, 15 million Will increase student fees Lacked an inclusive planning process PROJECT BOLD
Learn about your campus MSCBA Capital Debt Obligations here: https://www.mscba.org/index.php
IPEDS Data show the Big Picture: IPEDS Data show the Big Picture: Are we really spending too much on Instructional costs? Before Now
Learn about how your campus spends money here: https://nces.ed.gov/ipeds/
Salary Study SSU percentage growth salary spend per group SSU percentage growth salary spend per group
Access salary information here: https://cthru.data.socrata.com/dataset/Commonwealth-Of-Massachusetts- Payrollv2/rxhc-k6iz/data
