Business leaders say Grand Valley shows solid performance
The Business Leaders for Michigan appeared before a joint House and
Senate subcommittee Wednesday to deliver a Higher Education
Performance Tracker and used Grand Valley as an example of solid
performance for the state.
BLM is a private, nonprofit
organization made up of senior executives of the state’s largest
employers. Its stated goal is to help the state become a top ten state
for jobs, and supporting higher education is a key point of its
“Michigan Turnaround Plan.”
During the last year, BLM worked
with the Anderson Economic Group and the Presidents Council-State
Universities of Michigan to develop the Performance Tracker of the
state’s 15 public universities.
BLM’s CEO Doug Rothwell told
lawmakers, “In particular, we’ve cited the important role higher
education plays in both producing the talent we need to grow the
economy and the potential it has to be a bigger economic growth engine
for the state.”
The report looks at universities
productivity, efficiency, affordability, economic impact and access,
and it compares Michigan’s public universities to peers across the
country.
Rothwell pulled out Grand Valley as an example:
"For demonstration purposes, let’s look at Grand Valley State
University. You can see how they compare to their peer average and the
Top 20 percent of their peers on metrics such as:
- The level of
state appropriations;
- Under the Productivity and Efficiency
section: Enrollment, Graduation Rate & Degrees conferred;
-
Under Affordability and Access you will see measures like the total
cost of attendance and the percent of Pell students attending;
-
Under Economic Impact you will see core expenditures and revenues."
Under every metric, Grand Valley’s performance is strong, however
state support for Grand Valley is notably low.
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