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MrPhlegm

By MrPhlegm
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Magus Ossis

Magus Ossis 2798

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15 minutes ago, MAUFRAIS said:

Also I just looked and techs Wikipedia says they are the flagship of the tech system.

Then it says they’re the only campus in Texas to house an undergrad college, law school and medical school. Someone needs to edit that bullshit right?

I figure that is Tech-quality info they provide at their website.

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ButtFumble

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2 hours ago, MAUFRAIS said:

Also I just looked and techs Wikipedia says they are the flagship of the tech system.

Then it says they’re the only campus in Texas to house an undergrad college, law school and medical school. Someone needs to edit that bullshit right?

I generally do not like to pick on Tech, just fake Tech fans that worship the penis leach, but that claim is actually incorrect

the Texas Tech Medical School is actually an independent free standing university with their own administration and that confers their own degrees and that has their own accreditation.....and now the one on El Paso is the same as well it is independent of the Lubbock medical school

where that claim comes from is there are only a few universities in the USA (6 according to the Missouri website below) that have engineering, medicine, vet, and law on the same campus (I have seen Ag tossed in there as well in some claims and business in some as well)......the reason this claim is made is because engineering, medicine, and vet programs are the programs that bring in massive amounts of research dollars relative to other degree programs (ag as well) and because of course law gives you prestige (and a high ranked business program) and also those three prior degree programs along with law and business are the major sources of private donations......not to mention those are very expensive programs to set up and operate especially at a high level of research and ranking

https://www.thesecu.com/sec-universities/university-of-missouri/

Michigan State is one (and they further claim both a MD and DO degree they are the only one in the USA with that), tOSU, Missouri, Florida and I can't remember the other two perhaps Minnesota and one other

if you look around (again with he claim being ON THE SAME CAMPUS) Michigan no vet program, Berkeley no medicine, Cornell and UC Davis with medical schools on other locations, aggy with their merged medical school and bought law schools in different locations and on down the list it is very rare that a single campus even in states where the Morrill Act University is a single school to have all of the major research degree programs (engineering, medicine, ag, vet and even pharmacy) and all the programs that generate prestige and major donations (business, law, engineering) on a single campus

for Tech if the medical school was merged in with the main campus and if their vet program was in Lubbock it actually would be a pretty good claim for them to make especially considering that business and engineering are where a number of their major donors have come from (and law somewhat), and they do a lot of engineering and even ag research (especially for a non land grant ag school)

I would imagine in the future when aggy and Texas and UTRGV start to see how formula funding of a medical school is different than a 4 year university in Texas and they push to have that changed to not be so punitive to a medical school under the administration of a 4 year school that Tech will probably merge their Lubbock medical school into the main campus

back before the Tech System took over Angelo State and there was just Tech and the Lubbock Medical School making up the system they looked at merging them, but because of how formula funding works in Texas for the different types of programs it made more financial sense to have them as separate entities

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MrPhlegm

MrPhlegm 3413

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I generally do not like to pick on Tech, just fake Tech fans that worship the penis leach, but that claim is actually incorrect
the Texas Tech Medical School is actually an independent free standing university with their own administration and that confers their own degrees and that has their own accreditation.....and now the one on El Paso is the same as well it is independent of the Lubbock medical school
where that claim comes from is there are only a few universities in the USA (6 according to the Missouri website below) that have engineering, medicine, vet, and law on the same campus (I have seen Ag tossed in there as well in some claims and business in some as well)......the reason this claim is made is because engineering, medicine, and vet programs are the programs that bring in massive amounts of research dollars relative to other degree programs (ag as well) and because of course law gives you prestige (and a high ranked business program) and also those three prior degree programs along with law and business are the major sources of private donations......not to mention those are very expensive programs to set up and operate especially at a high level of research and ranking
https://www.thesecu.com/sec-universities/university-of-missouri/
Michigan State is one (and they further claim both a MD and DO degree they are the only one in the USA with that), tOSU, Missouri, Florida and I can't remember the other two perhaps Minnesota and one other
if you look around (again with he claim being ON THE SAME CAMPUS) Michigan no vet program, Berkeley no medicine, Cornell and UC Davis with medical schools on other locations, aggy with their merged medical school and bought law schools in different locations and on down the list it is very rare that a single campus even in states where the Morrill Act University is a single school to have all of the major research degree programs (engineering, medicine, ag, vet and even pharmacy) and all the programs that generate prestige and major donations (business, law, engineering) on a single campus
for Tech if the medical school was merged in with the main campus and if their vet program was in Lubbock it actually would be a pretty good claim for them to make especially considering that business and engineering are where a number of their major donors have come from (and law somewhat), and they do a lot of engineering and even ag research (especially for a non land grant ag school)
I would imagine in the future when aggy and Texas and UTRGV start to see how formula funding of a medical school is different than a 4 year university in Texas and they push to have that changed to not be so punitive to a medical school under the administration of a 4 year school that Tech will probably merge their Lubbock medical school into the main campus
back before the Tech System took over Angelo State and there was just Tech and the Lubbock Medical School making up the system they looked at merging them, but because of how formula funding works in Texas for the different types of programs it made more financial sense to have them as separate entities
Goddamn Mr.Wizard. Tell us more about how Luke Skywalker had a threesome with Seven of Nine and Captain Janeway and how Spock fucked Leia.
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ztejas

ztejas 43418

Posted
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1 hour ago, ButtFumble said:

I generally do not like to pick on Tech, just fake Tech fans that worship the penis leach, but that claim is actually incorrect

the Texas Tech Medical School is actually an independent free standing university with their own administration and that confers their own degrees and that has their own accreditation.....and now the one on El Paso is the same as well it is independent of the Lubbock medical school

where that claim comes from is there are only a few universities in the USA (6 according to the Missouri website below) that have engineering, medicine, vet, and law on the same campus (I have seen Ag tossed in there as well in some claims and business in some as well)......the reason this claim is made is because engineering, medicine, and vet programs are the programs that bring in massive amounts of research dollars relative to other degree programs (ag as well) and because of course law gives you prestige (and a high ranked business program) and also those three prior degree programs along with law and business are the major sources of private donations......not to mention those are very expensive programs to set up and operate especially at a high level of research and ranking

https://www.thesecu.com/sec-universities/university-of-missouri/

Michigan State is one (and they further claim both a MD and DO degree they are the only one in the USA with that), tOSU, Missouri, Florida and I can't remember the other two perhaps Minnesota and one other

if you look around (again with he claim being ON THE SAME CAMPUS) Michigan no vet program, Berkeley no medicine, Cornell and UC Davis with medical schools on other locations, aggy with their merged medical school and bought law schools in different locations and on down the list it is very rare that a single campus even in states where the Morrill Act University is a single school to have all of the major research degree programs (engineering, medicine, ag, vet and even pharmacy) and all the programs that generate prestige and major donations (business, law, engineering) on a single campus

for Tech if the medical school was merged in with the main campus and if their vet program was in Lubbock it actually would be a pretty good claim for them to make especially considering that business and engineering are where a number of their major donors have come from (and law somewhat), and they do a lot of engineering and even ag research (especially for a non land grant ag school)

I would imagine in the future when aggy and Texas and UTRGV start to see how formula funding of a medical school is different than a 4 year university in Texas and they push to have that changed to not be so punitive to a medical school under the administration of a 4 year school that Tech will probably merge their Lubbock medical school into the main campus

back before the Tech System took over Angelo State and there was just Tech and the Lubbock Medical School making up the system they looked at merging them, but because of how formula funding works in Texas for the different types of programs it made more financial sense to have them as separate entities

Thank you for this horribly unnecessary 7 paragraphs of drivel about a bunch of schools that no one here gives a fuck about.

Can we get back to posting aggy Valentine letters to their recruits?

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Orange&White

Orange&White 5522

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They are having to mail out Valentine's Day flyers to fund their fucking athletic department and simultaneously begging the :Lege for an extra $55M/year but continue to beat their chests about being the richest school in the Country while also preaching that Texas is broke. And the majority of their fans actually believe it. 

Jesus fucksticks.

 

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Randolph Duke

Randolph Duke 4034

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23 minutes ago, Orange&White said:

They are having to mail out Valentine's Day flyers to fund their fucking athletic department and simultaneously begging the :Lege for an extra $55M/year but continue to beat their chests about being the richest school in the Country while also preaching that Texas is broke. And the majority of their fans actually believe it. 

Jesus fucksticks.

 

It’s actually $27 mil/yr. The total reflects a two-year appropriation cycle. 

Work the numbers backward, using 5% of the principal as the spending on an endowment in perpetuity and it works out if the ags has an additional $500 mil in their endowment, that money would provide for the needs John Sharp is asking the taxpayers to fund.

Where has the $500 million number come up before? The aggy football stadium. Had the aggy alumni chose to put $500 million into their endowment, instead of their football stadium, the taxpayers would not today need to bail out the school.

The aggys chose to fund athletics over academics. Let them live with the ramifications of their decision,

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Randolph Duke

Randolph Duke 4034

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If you look at the A&M and UT 2019 budgets, A&M is indicating investment income of $34,680,257. UT- $236,365,923.

For a perpetual annuity, spending is roughly 5% of the assets. (Last I knew UTIMCO was transferring 5.25% from the PUF to the AUF each year)

Work the numbers backwards (again) and you arrive at the A&M investment portfolio at $695 million. For UT - $4.72B. These assets are not PUF or AUF distributions. They are income on the privately funded endowments and investment gifts of each university.

A&M has LONG claimed to be "the wealthiest public university in the nation." That is their prerogative. But, the reality is that their alumni has given to fund academics at a rate of pennies on the dollars as compared to the alumni at UT.

When the aggy alumni have not chosen to support their school financially, it is disingenuous for them to insist the taxpayers to fund their school at a level of parity of total resources with UT.

For a number of reasons, the disparity in resources between A&M and UT is becoming very noticeable. That gap is about to grow even more when the alumni that have been driving the Austin tech sector since the early 1980s begins to step aside and fund their strategies for inter-generational wealth. That process will unleash a lot of previously stranded equity. Tax planning will result in a lot of money donated not to A&M, but to UT.

We have all heard the stories from the ags over the years and reality is about to speak volumes about the difference between UT Austin and its alumni and the ags school and its alumni.

The next 20 years will interesting to watch.

 

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ButtFumble

ButtFumble 5172

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40 minutes ago, Randolph Duke said:

If you look at the A&M and UT 2019 budgets, A&M is indicating investment income of $34,680,257. UT- $236,365,923.

For a perpetual annuity, spending is roughly 5% of the assets. (Last I knew UTIMCO was transferring 5.25% from the PUF to the AUF each year)

Work the numbers backwards (again) and you arrive at the A&M investment portfolio at $695 million. For UT - $4.72B. These assets are not PUF or AUF distributions. They are income on the privately funded endowments and investment gifts of each university.

A&M has LONG claimed to be "the wealthiest public university in the nation." That is their prerogative. But, the reality is that their alumni has given to fund academics at a rate of pennies on the dollars as compared to the alumni at UT.

When the aggy alumni have not chosen to support their school financially, it is disingenuous for them to insist the taxpayers to fund their school at a level of parity of total resources with UT.

For a number of reasons, the disparity in resources between A&M and UT is becoming very noticeable. That gap is about to grow even more when the alumni that have been driving the Austin tech sector since the early 1980s begins to step aside and fund their strategies for inter-generational wealth. That process will unleash a lot of previously stranded equity. Tax planning will result in a lot of money donated not to A&M, but to UT.

We have all heard the stories from the ags over the years and reality is about to speak volumes about the difference between UT Austin and its alumni and the ags school and its alumni.

The next 20 years will interesting to watch.

 

that is not quite accurate math

the single year income does not really represent the payout from an investment fund to either university it just represents the single year investment income

aggy could have had a poor year that particular year (well they have a poor year every year being aggy, but NEXT YEAR!), but a poor year investment wise anyway and UT could have had a better than average year investment wise

here is the aggy foundation site

https://www.txamfoundation.com/About/Financials.aspx

it has June 2018 as the last listing

Net Assets
$1.995 billion

Long-term Investment Pool
$1.793 billion

Payments to/for Texas A&M
$111.1 million

 

here is private endowments for UTIMCO

http://www.utimco.org/scripts/PrivateEndowInfo/Complist.asp

UT just up over $4 billion

also the calculations from investment income would still not equal payouts and payouts would not be usable for calculating investment assets because UTIMCO uses a 5 year rolling average (I believe 5 years) of assets and aggy actually uses a bit longer (7 years I believe)

so the investment income from a single year and any listed payout to the university from the investment fund for a single year does not allow for an accurate calculation of the investment assets at that time

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ABSR

ABSR 5309

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1 hour ago, Randolph Duke said:

Work the numbers backwards (again) and you arrive at the A&M investment portfolio at $695 million. For UT - $4.72B. These assets are not PUF or AUF distributions. They are income on the privately funded endowments and investment gifts of each university.

A&M has LONG claimed to be "the wealthiest public university in the nation." That is their prerogative. But, the reality is that their alumni has given to fund academics at a rate of pennies on the dollars as compared to the alumni at UT.

 

The other irony of their claim is that based on Aggy logic that the entire PUF should be counted as part of the calculation their claim should be that they are the second wealthiest school....behind the University of Texas.    If the methodology is to include the entire PUF then it is PUF plus other endownments which puts texas 3 or so Billion ahead of Aggy.

So you know...Big Brother wins again.

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Machinator

Machinator 32099

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12 hours ago, ButtFumble said:

I generally do not like to pick on Tech, just fake Tech fans that worship the penis leach, but that claim is actually incorrect

the Texas Tech Medical School is actually an independent free standing university with their own administration and that confers their own degrees and that has their own accreditation.....and now the one on El Paso is the same as well it is independent of the Lubbock medical school

where that claim comes from is there are only a few universities in the USA (6 according to the Missouri website below) that have engineering, medicine, vet, and law on the same campus (I have seen Ag tossed in there as well in some claims and business in some as well)......the reason this claim is made is because engineering, medicine, and vet programs are the programs that bring in massive amounts of research dollars relative to other degree programs (ag as well) and because of course law gives you prestige (and a high ranked business program) and also those three prior degree programs along with law and business are the major sources of private donations......not to mention those are very expensive programs to set up and operate especially at a high level of research and ranking

https://www.thesecu.com/sec-universities/university-of-missouri/

Michigan State is one (and they further claim both a MD and DO degree they are the only one in the USA with that), tOSU, Missouri, Florida and I can't remember the other two perhaps Minnesota and one other

if you look around (again with he claim being ON THE SAME CAMPUS) Michigan no vet program, Berkeley no medicine, Cornell and UC Davis with medical schools on other locations, aggy with their merged medical school and bought law schools in different locations and on down the list it is very rare that a single campus even in states where the Morrill Act University is a single school to have all of the major research degree programs (engineering, medicine, ag, vet and even pharmacy) and all the programs that generate prestige and major donations (business, law, engineering) on a single campus

for Tech if the medical school was merged in with the main campus and if their vet program was in Lubbock it actually would be a pretty good claim for them to make especially considering that business and engineering are where a number of their major donors have come from (and law somewhat), and they do a lot of engineering and even ag research (especially for a non land grant ag school)

I would imagine in the future when aggy and Texas and UTRGV start to see how formula funding of a medical school is different than a 4 year university in Texas and they push to have that changed to not be so punitive to a medical school under the administration of a 4 year school that Tech will probably merge their Lubbock medical school into the main campus

back before the Tech System took over Angelo State and there was just Tech and the Lubbock Medical School making up the system they looked at merging them, but because of how formula funding works in Texas for the different types of programs it made more financial sense to have them as separate entities

 

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SwanderedTalent

SwanderedTalent 5761

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13 hours ago, ButtFumble said:

I would imagine in the future when aggy and Texas and UTRGV start to see how formula funding of a medical school is different than a 4 year university in Texas

yes, I certainly hope the University of Texas gives that maybe a thought or two, I am sure no one in any way affiliated with the University has any idea 

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