PASSHE Chancellor makes visit to LHU
Christina Shuman News Editor William Dowd Staff Reporter
Issue date: 4/2/09 Section: News
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Students had the opportunity to ask Cavanaugh questions on the current status of the PASSHE system because of economic hardships the countries succumbed to today.
Because of a smaller audience, the event had a casual atmosphere.
The open forum lasted about an hour, going over the time allotted for the discussion.
At the present moment, Pennsylvania is facing a $2.3 billion deficit.
Cavanaugh spoke of the financial struggles within the PASSHE system; however, the state's financial situation isn't as bad as other states' higher education systems within the country.
This is partly due to newly created initiatives on part of the state system.
Cavanaugh stressed the system will hopefully be saving roughly $200 million because of an array of money saving opportunities and will continue to save money over the next decade.
Not long ago, Cavanaugh wrote an editorial featured in the Chronicle of Higher Education touting how fiscally responsible the state system has been concerning the economic situation.
He stated how higher education is doing its part in being aware of wasteful spending and spearheading new programs to help save money.
Cavanaugh stressed that the system is not sure where alternative funding will come from.
Currently, PASSHE is looking for other sources of money through infrastructure and broadband.
Alternative funding is constantly being searched for.
"We are looking at the way we buy things such as paper, pens and road salt," said Cavanaugh.
Strategic sourcing includes buying items, such as those mentioned above in bulk; when this happens, the price is able to be negotiated.
According to Cavanaugh, being proactive in this way will save millions of dollars.
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