, CU saw a 24.4% return on its investments in fiscal year 2020-21, which was 3.4% higher than the historic average.
Among many other things, the plan called for the investment gains to be spent on increased financial aid at the Colorado Springs campus, a new engineering building on the Denver campus, child care support for faculty and graduate students on the Boulder campus, and an expansion of the bioengineering program on the Anschutz Medical Campus.
Before becoming CU’s president last year, Saliman oversaw the university’s budget and finance operations for more than a decade. He also previously served in the state legislature, including four years spent on the Joint Budget Committee, and worked on budgeting issues for two Colorado governors.
'Go to jail' - That's part of the game of Monopoly, correct?
CU goes to Vegas, puts it all on red and loses.
1) exactly what is 120m dollars to CU Denver? What is the scope of this. 2) is it possibly that they had any exposure to the recent crypto bankruptcies? The timing in q3 makes me suspicious 3) is this why the school has a 600+ to 1 ratio of students to academic advisors?
Yet they hired some guy for millions to coach a sports team? lol
Guess they'll just have to fire some administrators to get the budget to work. Tough
Who could have seen this coming?
Good to see this journalism -- and, none of this adds up... looking forward to more...
In Grand Junction, you can excel at collegiate mountain bike racing. You are better prepared for your future professional career in mountain bike racing.
Metro has a better ROI for students.
I’m sure some simple technical analysis could’ve showed the storm that was up ahead of the tunnel. What are the requirements to be a treasurer nowadays? TA CU BearMarket Colorado
football funny money
If I’ve learned anything about CU… they are very very very vbad with money.
This is implying that a university fund should be timing the market?! This is absurd.
I would point out that I doubt a single administrator will lose their job based on the failure to withdraw this money from the market.
and for all you fanboys who think that the Athletic dept. pays his salary, think again. CU in their own shell game, subsidizes that Dept. the University pays those bills racked up by the Athletic. Dept. They are so far in debt, Prime ain't gonnna get'em out for a long time!
😂😂
What did the Board of Regent have to do with this?
Just raise tuition.
Oh well, that’s too bad, sorry 😢.
Good thing they're blowing 30mil on Deion Sanders
Haha oh man
This makes hiring Prime all the more fascinating…
What is the carbon foortrpint of that school? I propose a bill that allows the state of Colorado to tax the crap out of these institutions that use up our state's valuable resources by bringing in leaches from all over the world that are destroying our state from within.
Sucks to suck buffalos
Prime might not be hard to find but the finding the money to pay him seems to be a different story!🤷🏽♂️
This better not effect the football team