Appropriation Act 10A 0f 2012 June 30 SB 1466 General Appropriation Act of 2012
The Liberty Index scores Act 10A AGAINST LIBERTY because of the misallocation of resources. Forcing taxpayers to fund education Leviathan has not proven to produce results contrary to the rhetoric.
Morality at Penn State 0 Government/Taxpayer Appropriation $227,694,000
Appropriation Act 10A July 2 SB 1122 Pennsylvania State University
HOUSE FISCAL NOTE Penn State Senate Bill 1122 is the Commonwealth’s non-preferred appropriation to the Pennsylvania State University for fiscal year 2012-2013
ANALYSIS: This legislation appropriates a total of $227,694,000 for Penn State University. It specifies $214,110,000 is for general support and $13,584,000 is for the Pennsylvania College of Technology. These are the same amounts that were appropriated for fiscal year 2011-2012. It also directs the appropriation of the moneys of the restricted account within the Agricultural College Land Scrip Fund for the 2012-2013 fiscal year.
In the past 9 years, Centre County/Penn State Senator Jake Corman, Senate Appropriations Chair, has voted to give about a QUARTER BILLION Taxpayer Dollars a year, more than $2,000,000,000 over 9 years– Two Billion Dollars that Pennsylvania Taxpayers were forced to give to Penn State’s Administrators, Staff, Faculty because, you know… there aren’t any other colleges or universities in Pennsylvania and the subsidies keep tuition from rising on middle class.
The tuition increase along with state aid will help support a total university budget of just over $4 billion. Tuition and fees produce a third of the university’s revenue.
History of the tuition increases for in-state freshman students attending Penn State’s State College campus. Penn State’s undergraduate tuition rates vary:
- 2009-10 — 4.5% $13,604
- 2008-09 — 5.9% $13,014
- 2007-08 — 5.5% $12,284
- 2006-07 — 5.6% $11,646
- 2005-06 — 5.9% $11,024
- 2004-05 — 12% $10,408
- 2003-04 — 16% $9,296
- 2002-03 — 13.5% $8,008
- 2001-02 — 7.8% $7,054
In addition to Pennsylvania Taxpayer subsidies, there are also US government federal subsidies
Hillsdale Imprimis May/June 2012 • Volume 41, Number 5/6 Richard Vedder Professor of Economics, Ohio University