Higher ed savings is a worthy goal

Published on Monday, 17 April 2017 21:49
Written by

The (Toledo) Blade

The University of Toledo had the second-best grades among all 14 Ohio four-year public colleges in an analysis of five-year plans to fight rising expenses. Bowling Green State University did well too. Now they need to make sure students see the impact in their wallets and keep looking for even more ways to save money while improving the quality of education.

If achieved, the savings and revenue increases across the 14 schools would add up to $1.2 billion, according to the report, which was issued in February by the three business executives on a task force Gov. John. Kasich created to make higher education more efficient.

The report graded the schools on how well their plans met seven previously issued recommendations. Only Ohio State University did better than UT. ...

OSU is expected to leave $1 million in students’ pockets in a single year by using digital textbooks. For its part, Bowling Green found $1.9 million in savings through the seemingly modest step of working with other institutions to contract for copiers and printers.

UT’s and BGSU’s competitive results are worth cheering. They are evidence that northwest Ohio’s universities are making progress toward saving money that can be used to reduce students’ financial burdens and improve educational quality.

Let’s hope that motivates them to keep making progress. For the really important thing is not what bureaucrats think of paper plans; it’s whether the universities can, in practice, save money, add revenue and thereby help students graduate with better educations and less debt.

Posted in New Britain Herald, Editorials on Monday, 17 April 2017 21:49. Updated: Monday, 17 April 2017 21:51.