UVa’s “Agency” Problem

by James A. BaconLast week the Ryan administration presented a graph to the Board of Visitors showing how tuition & fees for undergraduate Virginia students is lower at the University of Virginia than at any other Top 50 higher-ed institution in the country. As we...

Serve the University’s Interests, UVa Board Members Told

by James A. BaconIn their 2020 book on higher-ed governance, “Runaway College Costs,” James V. Koch and Richard J. Cebula elaborate on how university presidents manipulate their boards. Flattery and the bestowal of small perks is one ubiquitous tactic....

What Is a AAA Bond Rating Worth?

The University of Virginia’s AAA bond rating was confirmed by the S&P bond rating agency recently, and verbally confirmed by Fitch. UVa is one of only four public universities in the country with the highest possible assessment of financial strength....