ASU President Talks About Goals To Improve Quality Of Life On Campus
Arizona State University President Michael Crow listed multiple goals for the university including launching ASU Health to boost health outcomes.
Study in US: While talking about the future goals of Arizona State University, President Michael Crow said that the US is facing complex challenges and with that comes amazing opportunities.
He delivered a “State of the ASU Enterprise and Arizona State University” presentation at the university and said, "Massive progress comes with immense complexity and significant disparities. Arizona is emerging as a critical national center for innovation. ASU is one of those innovation."
His presentation mostly focused on the university's financial health.
"The amount of state appropriation per degree was about $44,000 in fiscal year 2003 (using 2024 dollars) but decreased to about $11,400 in 2024. That compares with about $50,000 at the University of Florida and the University of North Carolina," he said.
Crow said that revenues have grown fivefold in the past two decades and the number of full-time employees in ASU per 100 students is 7.3 compared with over 30 at Pennsylvania State University and around 20 at Ohio State University.
The financial health of the university will depend on future revenues from enterprises such as real estate, education technology and research and also on enrollment growth.
“We need $2 billion more in the next five fiscal years to advance our interests. Just to put this in the perspective of the regents, if we enroll 25,000 more students from Arizona, there's no revenues from the state to pay for the 25,000 more students from Arizona. So you are the governing board of an institution that is minimally invested in by the state but taking on the mission of this institution in terms of scale," Crow said.
ASU Aims To Enroll 170,000 Online Learners
Phil Regier, university dean for educational initiatives and CEO of EdPlus commented, "The university’s goal of enrolling 170,000 ASU Online learners is achievable. For online students, the most important addressable market is the number of Americans who have some postsecondary education with no degree. That would be 40 million people. And it continues to grow by about a million students a year. For adult learners, it's a very robust market.”
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