The Rice Thresher | Wednesday, October 5, 2016

Page 1

VOLUME 101, ISSUE NO. 7 | STUDENT-RUN SINCE 1916 | RICETHRESHER.ORG | WEDNESDAY, OCTOBER 5, 2016

FALL 2015 STAFF PROFILE

New laws, offices increase administrative positions

# of students per admin

15%

Community Service, Legal, Arts & Media 11%

Falling student to administrator ratio indicates Rice part of broader national trend of administrative expansion

100 96.66

80

Business & Financial

Other

Service

2%

13%

Office & Administrative Support

14%

Computer, Engineering & Science

Management 11%

23%

60 40

Library, Museum & Archives Facilities & 3%

Maintenance 6%

40.05

20

11.37 13.95

0

1956

1966

Elizabeth Rasich For the Thresher

In 1956, the Rice University Office of the Registrar consisted of two people: the registrar and his assistant. There was a single staff member who wrote sports news, but no dedicated office for public relations. The Registrar’s Office now lists 14 staff members on its website, including two “student records analysts” and a “transfer credit specialist.” Public relations are now handled by the Office of Public Affairs, which lists 35 staff

1976

1986

members on its website. Like many universities nationwide, Rice is subject to “administrative bloat,” a national trend in which the number of university administrators per student has increased greatly. Rice’s student to administrator ratio has steadily decreased in the last half century, indicating more and more administrators were hired per student, an analysis by the Thresher of student/ faculty directories shows. A 2010 study from the Goldwater Institute reported that from 1998 to 2007, American universities’ spending

6.84

5.37

1996

2006

on administrative costs increased by 61 percent while spending on instruction increased by 39 percent. According to the 2015-16 directory, Rice employs approximately 1,000 administrators, excluding library, Housing and Dining and custodial staff. At the time of publication, RICEWorks, Rice’s external job listing site, advertised 74 job openings for regular and temporary staff compared to just 25 faculty job openings. National reports have found that two factors contributing to the growth of university bureaucracy are efforts

How much of the university’s budget is dependent on its endowment? comparing Rice and peer institutions, fiscal year 2015

6.74

2016

Sources: (Left) Thresher analysis of directories from the Woodson Research Center, Library, Housing and Dining, and custodial staff were not included in the count. (Above) Office of Institutional Research

to expand student programs and the increasing complexity of federal regulations. In recent years, Rice has added many programs and administrative departments, including the Office of Multicultural Affairs, Student Success Initiatives, the Center for Civic Leadership and the Gibbs Recreational Center and its accompanying programs. In 2017, Rice will open the Moody Performing Arts Center. According to Vice President for Finance Kathy Collins, it is often necessary to hire new directors when

Panel discusses inclusion of black students, faculty Amber Tong News editor

Princeton 47% Rice 40%

Notre Dame 29%

Stanford 23%

Yale 34%

National mean 19%

infographic by samantha ding

$5 billion: Rice’s endowment, explained Jaecey Parham Thresher staff

Rice University’s endowment is valued at $5.3 billion, the 20th largest in the nation. While it supports 40 percent of Rice’s budget, some students have voiced concerns that academic funding does not reflect endowment size. In an interview with the Thresher, the Rice Management Company clarified how the endowment is allocated and spent. Chief Investment Officer Allison Thacker (Baker ’96) oversees the Rice Management Company. The RMC stewards Rice’s endowment, made up of money and assets donated to the university. The RMC invests these funds within different economic sectors to accumulate over time. A portion is withdrawn annually for use. “The endowment is a charitable donation invested in perpetuity to provide consistent, dependably increasing support,” Thacker said. The endowment provided 40 percent of the University’s operating

revenues in the 2015 fiscal year. Thacker said the national mean across all other universities is 19 percent and the median is 14 percent. “The endowment is critical to making Rice work,” Thacker said. “We’re a relatively small school; we have a relatively high percentage of financial aid, as well as merit aid. Those are all things the endowment covers — we are very lucky to have it.” Thacker said the Rice Management Company’s current goal is to earn 7.5 percent investment return to keep up with inflation and spending such that the size of the endowment does not decrease. She said the 7.5 percent return is not necessarily an annual requirement, but an average over time. “My team gets up out of bed everyday, and the goal is: How do we earn back 7.5 percent?” she said. “That’s what Rice needs us to earn.” According to Thacker, Rice spends about 5.5 percent of the endowment every year, with 2 percent currently lost to inflation. Thacker said these goals are set

in order for Rice to make the revenue source as dependable as possible. “Stock markets can have volatility,” Thacker said. “[We try] to make the endowment distribution more predictable because it’s very hard for students and faculty to deal with variability in their budgets.” The portion of revenue that is set aside for operational costs is divided into a core budget and a consolidated budget, both overseen by Vice President of Finance Kathy Collins. The consolidated budget includes all operating sources such as research grants from the federal government, parking and transportation, and housing and dining revenues. The core budget covers areas such as the budgets of the Schools, athletics, and the Fondren Library. It is funded from tuition, restricted endowments and unrestricted endowments. Donors who provide restricted endowments designate the funds for a specific purpose, such as the $50 million donation from John and Ann 0see INVEST, page 4

adding new programs rather than adding that program to an existing administrator’s workload. “It’s important to have a person in charge to be the face of Rice when it comes to talking to the Rice community and the external community about that program,” she said. As Rice increases in size, more staff are needed to handle the business operations as well. Departments of human resources, accounting, investments, alumni relations, development and public affairs have 0see ADMIN, page 4

Student, faculty and administrators discussed the experience of the black community at Rice in a panel on Saturday. The event, State of Black Life at Rice, was organized by the Association of Rice University Black Alumni as part of the celebration for 50 years of black undergraduate life at Rice. ARUBA President Akilah Mance (Jones ’05) said she was encouraged by the diversity of the audience, which reflects Rice’s special demographic advantage. “Rice is in a unique position because we have such a diverse population and a small number of community members, thus we are able to sit down and meaningfully engage with one another, in hopes of improving the experience for all,” Mance said. As the only student on the four-person panel, Black Student

Association President Aislyn Orji said while black students are largely free to express their cultures through cultural events on campus, general apathy and covert racism still cloud their experience. “When it comes to actual concerns, outside of sociology classes or panels such as this that people take the initiatives to come, we are [almost] sounding like a broken record,” Orji, a Martel College junior, said. “How do we break past people’s lack of understanding because of lack of a shared experience to care about our concerns?” Office of Admission Coordinator of Minority Recruitment Tamara Siler (Brown ’86) pointed out that political decisions made outside of Rice can have resonance for students. For example, from 1997 to 2003, a court decision barred universities from using race as a factor in admissions, which challenged Rice’s commitment to diversity. Office of Multicultural Affairs director Catherine Clack said such 0see BLACK LIFE, page 2

courtesy jeff fitlow

Black Student Association President Aislyn Orji, left, spoke about her experience as a black student and child of immigrants at Saturday’s State of Black Life at Rice panel, which also included faculty and administrators.


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