Lawmakers have criticized some current board members and Perry …
The Senate Nominations Committee has approved Gov. Rick Perry's…
The Texas Senate is getting to the nominees with just one week…
The bill says regents could not fire presidents without first …
Advertisement
UT could save $490 million, Powers says
Options include trimming expenses, raising rates
Updated: Tuesday, 29 Jan 2013, 6:11 PM CST
Published : Tuesday, 29 Jan 2013, 2:34 PM CST
AUSTIN (AP) — University of Texas President Bill Powers has released a new report suggesting ways the school could generate $490 million in savings and revenue over the next decade.
Among the recommendations presented Tuesday is raising room-and-board fees for students who already are facing mounting tuition costs.
The report says the university also could save money by streamlining business costs and doing a better job commercializing its research and technology.
The report was prepared for the university by a group of business leaders. Powers endorsed the goal of saving money, but says the school will be cautious about changes that could increase student expenses.
Texas lawmakers slashed nearly $1 billion from higher education in 2011 and schools are under pressure from Gov. Rick Perry to rein in tuition rates.
Opinions that are derogatory, attack other users or are offensive in nature may be removed. KXAN is not responsible for the content posted in this comment section. We reserve the right to remove any offensive or off-topic remark or thread. To mark a comment for review by a moderator, click "Report Abuse."
Email This
Print This
View Story on a Single PageAdvertisement
Advertisement
Advertisement