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Show INSIDE The opinion editor says why the golf scoring system isn't quite up to par » 6 Tuesday, June 19, 2012 Ti E DAILY UTAH CHRONICLE www.dailyutahchronicle.com The University of Utah's Independent Student Voice Since 1890 Vol. 122 I No. 3 I ©2011 Fiscal growth, tuition increases in store DJ Summers STAFF WRITER The U's finances hang in a delicate balance, drawing funds from multiple sources, according to a recent audit. In general, the report bodes well for the U's financial situation. It is increasing assets and holdings and putting money into investments, such as vast construction projects around campus. Private donors and supporters have given more than $1 billion to the institution. Although the U is doing well in- creasing its reputation and holdings — it increased its assets to $3.4 billion last year from $2.5 billion five years ago — the numbers don't look appealing to students. According to the audit, revenues from tuition and fees have increased 17.2percent from the year before and 54.4percent from five years ago. Because the U has lacked an increase in appropriations from the Utah Legislature, which have dropped 7.1 percent during the past five years according to the audit, tuition has been raised to compensate. Despite this substantial increase in the tuition and fee rates for U students, the report specifies that only 8 percent of the total operating expenses are funded using tuition. Forty percent of the operating revenue for the U comes from the University Hospital, which has increased its revenue by one third in the past half decade. Operating expenses, the money that makes the U function on a day-today basis, have risen 6.3 percent from last year and 31.3 percent from five years ago. More than half of operating DJ Summers 17.2 percent from last year • Only 8 percent of operating costs come from tuition • Total revenues: $2.5 billion • Operating costs have risen 6.3 percent from last year b STAFF WRITER See KOREA Page 3 See FINANCES Page 3 U FINANCE REPORT • Tuition and fees have increased Put the lime in and shake it up U might establish campus in South Korea More than 200 students were treated to a veritable smorgasbord of free sushi and desserts Tuesday in the Marriott Library's Gould Auditorium. The edible enticements drew in students for an International Student Forum to gauge their reaction to the possibility of establishing a U satellite campus in South Korea. In an effort to give native South Koreans the advantage of an American degree and to draw international recognition to the program, the South Korean government has spent $350 million developing the Songdo Global University. The university, situated an hour outside the country's capitol Seoul, would be a kind of educational mall where io universities from outside the nation would set up shop. The goal is to have a student body of io,000 students. SGU has already asked several universities to be in the first four to make the move. George Mason University, SUNY Stony Brook and Belgium's University of Ghent were asked along with the U. Stony Brook has already accepted the offer and begun the transition to Songdo, planning to open its doors in spring of 2013. South Korea's decision to include the U was a mixture of scholarly international reputation and savvy political connection. The tentative involvement in SGU has been a long time coming as it has been more than four years since its inception. "President Young signed off on it three years ago," said U director of international operations Robert Muir. "Then, just a month ago, we signed a financial services agreement. I think part of the attraction to the University of Utah was, quite frankly, that Dr. Han [the U's Director of Asian Internal Programs] is an incredibly connected person. I think he had already established relationships with IFEZ [Incheon Free Economic Zone], one of the governing bodies. Plus the University of Utah is gaining a great reputation in the world." For the U, nothing is set in stone just yet. Tuesday was another step in an arduous feasibility study that takes into account student demand, financial considerations and international support. The forum's organizers took questions and handed out surveys for attendees to answer in an attempt to gauge the attractiveness of the South Korean campus for U students and international students in general. Supporters of the proposal hope to deliver this study to the U's Board of Trustees and the South Korean Department of Education for final approval to make the move to South Korea. During the Q-and-A session, students expressed concern mostly for expense, scholarship and internship possibilities, all of which would be consistent with the study abroad program, according to the presentation. "Part of [U] President [David] Pershing's concept is to have centers around the world that will sort of serve as hubs for international and study abroad students," said Robert Payne, the project's assistant legal counsel . "This would be the Asian center for placing students into a real global environment." According to the project leaders, having a campus in South Korea would be a benefit on multiple levels. It would attract new talent, open international educational and business relationships and increase the U's international ranking, all on South Korea's dime. The generosity of the South Korean government's proposal is not so much for the U as for South Korean students looking for expenses are spent on compensating U employees. As one of the largest employers in the state with more than 23,000 workers, pay and benefits have increased during the past five years. Scholarships and fellowships for U students represent only 'percent of operating expenses. With total revenues at $2.5 billion and total expenses at $2.74 billion, the U incurred a $213 million operational loss. Some students have mixed feelings 4 A A ssri 1 own own Farmers Market brings fresh produce and live entertainment to Salt Lake City » 5 CHRISTOPHER REEVES/The Daily Utah Chronicle Nina Dobraz shakes it up as she makes limeade at the Sweet Salt Lake Fresh Mint Limeade booth. Dobraz sold more than 700 drinks the first week. U helping develop next generation of Internet Anna Drysdale STAFF WRITER The U is continuing its tradition of Internet innovation by working to develop the next generation of the Internet. On June 13, the White House launched the US Ignite Partnership, a nonprofit effort aiming to revolutionize daily life throughout the next five years through a new series of applications operating on an ultrafast Internet network. Several cutting-edge applications have entered testing phases across the country, specifically in healthcare, said Executive Director Sue Spradley in a statement issued by US Ignite. "In Cleveland, Ohio, there are families receiving medical care to which they wouldn't otherwise have access, through advanced telemedicine built on a new and flexible ultrafast network," she said. The project goes beyond healthcare. Applications dealing with other areas of national priority are testing as well. US Ignite will focus on developing applications to improve transportation, emergency Police Report NOCTURNAL NEIGHBOR A bat was removed from the lobby of the Bennion Service House on Officer's Circle on Thursday morning. The case, classified as an "animal problem," is closed. ORIENTATION RAGER A noise complaint was called in to U police Wednesday night. Officers found about 5o students dancing to loud music at a party in Benchmark Plaza 822. The students were at a new student orientation. The case remains active. PHOTO COURTESY SCHOOL OF COMPUTING The Flux Research Group is working on four projects including Emulab, an operating system network testbed available to researchers worldwide. response, clean energy, education and workforce development, Spradley said. As a member of the Global Environment for Networking Innovation, the U is participating with more than 6o other universities. The Flux Research team at the U, led by Robert Ricci, professor in the School of Computing, is strengthening the next-generation Internet network that is 12 years in the making. "We build environments for people to run network experiments — things like figuring out how to improve the Internet and networks in computer data centers," Ricci said. "Ignite is about building those capabilities into things like campus networks and actual Internet providers. We want to bring next-generation Internet out of the lab and into real networks. We've been See COMPUTING Page 3 LOST LITTLE LEAGUERS Two H-year-old boys went missing from a football camp held at the Huntsman Center on Wednesday morning. The boys were later found safe. Sgt. Garth Smith, the public information officer for U police, was not available for comment. Compiled by Emily T. Andrews |
