Neeli Bendapudi, Penn State University President. Budget Interview
00:01 - Neely Ben, deputy president of Penn State University.
00:05 - How does the governor's propose funding for Penn State compared to last years?
00:11 - Well, we are really delighted that after so many years of flat appropriations,
00:16 - the governor has put in a $30 million, ask
00:22 - for all of our state related universities through performance based funding.
00:26 - While that still doesn't alleviate the fundamental concerns we have
00:30 - about funding per student at Penn State, this is a step in the right direction.
00:36 - Does the figure you've cited represent a raise for Penn State?
00:39 - It does not.
00:40 - The 30 million is it the bipartisan legislative action
00:45 - last year to create a small pot of money for performance based funding?
00:50 - Think of it as accountability.
00:51 - So this is the amount that would be shared
00:55 - for Penn State and the other state related institutions.
00:59 - What are the issues you expect lawmakers to zero
01:03 - in on during your appropriation hearing?
01:06 - I am sure that they would want to know
01:08 - what we are doing to prepare students for success, for workforce development.
01:12 - And we have an extraordinary story to tell there for the 240
01:17 - plus million that we get from the state, and the state contributes
01:20 - $15.8 billion to the state's economy.
01:25 - So it's hard to think of a better return on investment.
01:29 - I am sure that they will have questions about how we manage
01:32 - our different priorities.
01:34 - And, I'm anxious to tell them what we are doing
01:38 - and how Penn State is so pivotal to the state's economy.
01:42 - How have enrollment figures affected your costs?
01:46 - Enrollment, overall for Penn
01:48 - State tends to be very strong, and we are very grateful for that.
01:52 - But the reality is that there is a demographic cliff that is here today.
01:57 - And this doesn't take rocket science, Larry.
02:00 - If you look at the number of one and two year olds in, in the state today,
02:04 - that group is about 20% less
02:08 - than the 18 year olds we have in college right now.
02:11 - So that Cliff is going to continue.
02:13 - And so we all have to be very thoughtful
02:16 - about how we prepare our students for success
02:20 - when there is a diminishing market for college going students.
02:25 - Well, how is Penn State keeping its courses relevant for today's students?
02:30 - Thank you for asking that.
02:31 - I've always felt that curriculum should be like, no,
02:34 - it should come with an expiration date, right?
02:36 - It doesn't mean that the concepts we teach on new,
02:39 - but it might be the pedagogy.
02:41 - It might be the way we engage.
02:42 - It might be drawing the relevance of ancient thought to today's problems.
02:47 - We are engaging in a holistic review of everything we teach
02:51 - and this is a commitment to make our offerings better,
02:55 - more attuned to the needs of society, not just for the jobs of today,
03:01 - but for the jobs of tomorrow that none of us knows.
03:04 - We also take very seriously our role in
03:07 - preparing an educated citizenry for democracy.
03:11 - That is also part and parcel of what higher education does.
03:15 - Nearly been deputy president of Penn State University.
03:18 - Thank you.
03:19 - Thank you so very much for this opportunity.