Lifeboat: A Conversation About The Incredible Shrinking Budget

We think you may enjoy and learn from this post on the "Tenured Radical" blog, having to do with a small, private institution's budget crisis and faculty's perspective on attempts to cope with it. A bemusing, very short, YouTube clip is below the following quote:

I won't go into what was said at the meeting, as it is against my blogger ethic. But one of the things I would like to explore in future posts is the nature of community, and scholars' capacity for empathetic connection -- or lack thereof -- to other types of workers in and beyond our workplace. This becomes particularly apparent at a meeting like yesterday's, when it became clear how very tuition driven Zenith is (I have no idea how this compares to other institutions our size); how volatile we can expect our financial aid budget to be in the next few years (or maybe even starting tomorrow); how much the recession may drive other costs up (or down, in the case of fuel, for example); what the long term costs of certain kinds of temporary disinvestment are (Library, physical plant); and how few options a college has to generate immediate, extra cash to cover its expenses, assuming there is anyone to buy what we would offer.

That I can make this list in such a cogent way is some testimony to the presentation we saw yesterday, which was, I would say impressive and reassuring, to the extent that it addresses my basic problem: I don't want to run the university. I want to know that the people in charge are thoughtful, competent and doing the best they know how to do.