SREB STATE DATA EXCHANGE

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1 SREB STATE DATA EXCHANGE

2 Annual Tuition and Required Fees for In-State Undergraduates, and (percent increase from shown in parentheses) Public Four Year Colleges and Universities SREB states (5.5%) $6,532 South Carolina (3.2%) Delaware (7.7%) Virginia (9.2%) Alabama (10.2%) Maryland (6.1%) Kentucky (5.8%) Texas (5.8%) Arkansas (4.9%) Tennessee (8.5%) Georgia (6.5%) Florida (12.1%) Mississippi (8.9%) North Carolina (12.3%) West Virginia (5.5%) Louisiana (10.2%) Oklahoma (6.4%) Variance from the SREB Average: $1,648 25% less than peers $4,884 $4,718 $5,584 $5,397 $5,387 $5,348 $7,865 $7,332 $7,272 $7,198 $6,750 $6,718 $6,282 $9,560 $9,124 $9,

3 Annual Tuition and Required Fees for In-State Undergraduates, and (percent increase from shown in parentheses) SREB states (6.9%) $2,951 Kentucky (3.8%) Alabama (20.6%) South Carolina (3.1%) Maryland (4.8%) Virginia (8.7%) Tennessee (10.0%) Georgia (10.7%) Delaware (4.9%) West Virginia (6.3%) Oklahoma (7.7%) Florida (7.8%) Louisiana (14.2%) Arkansas (8.3%) Texas (12.3%) North Carolina (22.1%) Mississippi (0.0%) $4,050 $3,945 $3,643 $3,573 $3,570 $3,531 $3,515 $3,086 $3,058 $3,028 $2,974 $2,662 $2,555 $2,211 $2,195 $2,100 Variance: from the SREB Average: $289 10% less than peers Public Two Year Colleges

4 Public Four Year Colleges and Universities Appropriations and Tuition/Fees Revenue per FTE Student, (change from shown in parentheses) SREB states (0.1%) $14,189 Delaware (8.6%) Maryland (3.7%) Kentucky (1.9%) $17,639 $19,176 $28,127 South Carolina (2.5%) North Carolina (-1.8%) Virginia (8.2%) Texas (-4.2%) Alabama (-0.5%) Mississippi (6.8%) Tennessee* (-4.6%) Georgia (3.2%) Oklahoma (-0.8%) $12,918 $12,828 $12,747 $16,050 $15,048 $14,809 $14,492 $14,069 $16,637 Variance from the SREB Average: $3,322 23% less than peers West Virginia (7.4%) Arkansas (-6.7%) Louisiana (7.0%) Florida (-3.9%) $12,702 $12,598 $10,867 $10,536 $ * Some of this decrease is because ARRA funds were channeled away from colleges in and replaced with state dollars.

5 Appropriations and Tuition/Fees Revenue per FTE Student, (change from shown in parentheses) SREB states (1.4%) $6,878 Maryland (2.1%) Delaware (0.3%) North Carolina (3.5%) Texas (-0.7%) Alabama (6.8%) Arkansas (-1.1%) Tennessee* (-4.5%) West Virginia (8.6%) Oklahoma (4.8%) South Carolina (9.5%) Georgia (5.8%) Kentucky (-0.5%) Mississippi (-0.3%) Virginia (-0.7%) Louisiana (9.6%) Florida (1.3%) $10,127 $8,722 $8,066 $7,541 $7,246 $7,086 $6,957 $6,928 $6,614 $6,535 $6,503 $6,387 $6,353 $6,381 $5,485 $5,045 Variance from the SREB Average: $1,393 20% less than peers * Some of this decrease is because ARRA funds were channeled away from colleges in and replaced with state dollars. Public Two Year Colleges

6 Public Four Year Colleges and Universities All Ranks Full-Time Faculty Salaries, (change from shown in parentheses) SREB states (-0.5%) $75,076 Delaware (3.2%) Virginia (2.9%) Maryland (0.9%) Florida (2.2%) North Carolina (-0.1%) Texas (-8.7%) Alabama (3.6%) Georgia (-0.1%) South Carolina (2.0%) Kentucky (1.5%) Tennessee (3.5%) Oklahoma (2.5%) West Virginia (3.7%) Louisiana (0.0%) Mississippi (2.9%) Arkansas (2.6%) Variance from the SREB Average: $9,483 13% less than peers $82,808 $81,223 $79,760 $79,226 $77,717 $75,379 $72,518 $71,528 $70,056 $69,499 $68,501 $67,727 $65,593 $64,657 $62,729 $97,529

7 All Ranks Full-Time Faculty Salaries, (change from shown in parentheses) SREB states (0.3%) $51,834 Maryland (0.5%) Delaware (0.6%) Virginia (2.4%) Florida (0.6%) Alabama (0.3%) Texas (-0.9%) Louisiana (0.5%) Mississippi (1.3%) Kentucky (1.5%) Oklahoma (1.7%) West Virginia (1.7%) North Carolina (0.0%) Tennessee (1.3%) Georgia (-2.7%) South Carolina (0.4%) Arkansas (1.0%) $58,362 $54,586 $53,163 $52,818 $50,202 $49,951 $49,343 $49,306 $47,848 $47,272 $47,131 $46,683 $46,414 $43,997 $66,085 $64,167 Variance from the SREB Average: $1,632 3% less than peers Public Two Year Colleges

8 The Poaching of Top Faculty If you want to be nationally competitive, if you want to have top ranks, if you want to keep the best and brightest, then don t spend all your money sitting there getting a faculty member started and once they prove to be excellent have them go somewhere else. Dr. Eric J. Barron, FSU President Source: Faculty Salaries Inch Up, The Chronicle of Higher Education, April 12, 2013

9 LSU Board approves Cam Cameron s contract; faculty displeased with its stagnant pay. By Quincy Hodges, April 17, 2013 Donald McKinney, director of wind ensembles and conducting and associate professor in the school of music, said the morale has been low and hopes LSU would change to retain its faculty. He s heading to another university at the end of the semester. Nathan Crick, an associate professor in communication studies, echoed similar sentiments. Crick said he was sold false goods and now it s time to return them. The professor said he s leaving LSU for Texas A&M.

10 Official: LSU Key to future tech jobs, Knowledge-based economy touted By Koran Addo, Capital News Bureau April 17, 2013 The ultimate frontier for economic development in Louisiana will be realized through the development of higher education. -Stephen Moret, Secretary of the Louisiana Department of Economic Development The state could plausibly create many more jobs (up to 400,000 per year) as newer, knowledge-based industries come in to their own. Academic minor in digital media. $14 million in funding over next 10 years to expand computer science programs LSU s relationship with EA and more recent partnership with IBM as the type of collaborations that can spark far-reaching economic growth.

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