University of Wisconsin System leaders are crafting a plan to boost the number of degrees the schools award each year by 30% over the next 15 years, a move that would make the universities even more of an engine that makes the state’s economy attractive for businesses.
The goal is to boost the percentage of Wisconsin residents who have college degrees or some professional certificate from a university or college. To meet it, the schools would have to confer 33,700 degrees in 2025, up from today’s rate of about 26,000 a year. If the universities meet the goal, they will award 80,000 more degrees over the next 15 years than they would otherwise.
UWM would be a major player in the plan, UW System President Kevin Reilly said. Officials could announce as early as Monday how many additional degrees the urban campus would produce under the plan.
Meeting the goal would come at an up-front cost for the state, Reilly said. The universities would have to make the case to state lawmakers to reverse a long-term trend in which a shrinking share of the budget for the campuses comes from the state. Reilly also said the state would have to help increase faculty salaries, which lag behind salaries at peer universities in other states.
Interesting.
Related: Wisconsin State Tax Based K-12 Spending Growth Far Exceeds University Funding.