Local and state business leaders and college presidents unveiled a new campaign Monday to boost both the number of people attending public college and the number of degrees earned by college studen
ts. More of both will mean economic and jobs growth for the state, according to the campaign. The Grow By Degrees initiative, shepherded by the 15-year-old Virginia Business Higher Education Council, was launched Monday in Norfolk, Roanoke and Richmond. W. Heywold Fralin, council chairman and chief executive officer of Medical Facilities of America, said the campaign grew out of business leaders' concerns about financial support for the state's public colleges and universities, the rising cost of education and the need for educated employees in a wide range of fields. The campaign links higher education to strong economic growth and more businesses in Virginia's communities.Fralin said Virginia has championed funding building campaigns on the state's public college and university campuses, but what continues to be missing is any similar consensus about operational funding for higher education.State financial support for public higher education has plummeted in the past decade, from $10,675 per in-state student to $6,586, a 40 percent decrease, Fralin said. He and other supporters of the initiate want the General Assembly to create a rainy day fund to help offset tuition increases and to pass legislation establishing a long-term funding plan and formulas linked to a reliable stream of money, similar to the public K-12 system's Standards of Quality.
ts. More of both will mean economic and jobs growth for the state, according to the campaign. The Grow By Degrees initiative, shepherded by the 15-year-old Virginia Business Higher Education Council, was launched Monday in Norfolk, Roanoke and Richmond. W. Heywold Fralin, council chairman and chief executive officer of Medical Facilities of America, said the campaign grew out of business leaders' concerns about financial support for the state's public colleges and universities, the rising cost of education and the need for educated employees in a wide range of fields. The campaign links higher education to strong economic growth and more businesses in Virginia's communities.Fralin said Virginia has championed funding building campaigns on the state's public college and university campuses, but what continues to be missing is any similar consensus about operational funding for higher education.State financial support for public higher education has plummeted in the past decade, from $10,675 per in-state student to $6,586, a 40 percent decrease, Fralin said. He and other supporters of the initiate want the General Assembly to create a rainy day fund to help offset tuition increases and to pass legislation establishing a long-term funding plan and formulas linked to a reliable stream of money, similar to the public K-12 system's Standards of Quality.For further details visit at : www.dailypress.com/news/dp-local_collegedegreepush_0622jun23,0,6844811.story
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