Committee Challenges UIUC to Make More Money on Research, Admit More Out of State Students
As one University of Illinois report released last week looked at potential cost savings, another sought out ways to bring in money.
The chair of the committee looking at revenue generation says it was important to investigate ways to improve the Urbana campus' financial situation without cuts. College of Education Dean Mary Kalintzas says it will take a shift in the university's thinking to find income sources outside state tax money.
"We have a public purpose, we do research, we do teaching," Kalintzas said. "But we have intellectual capital that sometimes faculty capitalize on and commercialize, or other people take on and commercialize. But we've been so focused on breakthrough research and teaching that we have in the past thought that it's not our job, or it's an extra job, to take on the commercialization of the knowledge that we generate."
Kalintzas says it may take changes in state law to let the U of I get more return from its intellectual property. She says loosening those state-imposed limits may also help jump-start an online education program after the ill-fated Global Campus project. At the top of the committee's list of recommendations is an increase in out-of-state student enrollment while keeping the number of in-state U of I students level.