UCA balances the books | Arkansas Blog

Sunday, September 21, 2008

UCA balances the books

Posted By on Sun, Sep 21, 2008 at 3:22 PM

Doug Smith of the Times reported this first a few weeks ago, but the Log Cabin has further details today on UCA's cut of scholarship spending to avoid deficit spending. Tuition scholarships, for example, are now fixed at the amount given the first year and don't automatically get indexed to tuition increases.

The books at UCA have been a bloody mess for several years. It is past time for the Board of Trustees to talk about the extent of their knowledge of this problem and to explain how they were going to pay big bonuses to the president in light of it. (We know, in the case of the first bonuses, they couldn't.)

A long awaited state audit may provide a sober big picture of the go-go years, arrested only under pressure from the state Higher Education Department.

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