State funding support for world-class public universities, like Berkeley, the University of Michigan and the University of Virginia has been reduced as low as zero to 20%. The top tier public universities learned many years ago it was necessary for them to become research universities, which are profit centers, to fund their operations. UNLV and UNR are far behind on the curve in becoming self-sustaining. Both must develop as world renowned research universities to earn income to survive and succeed.
Today Jim discusses the many attributes and plans of UNR and UNLV to make both universities competitive with the other world-class U.S. public universities.
Graduate-level education is dependent upon a research university environment. By 2020, as the knowledge-based global economy expands, 2.6 million new jobs will require an advanced degree. The number of jobs requiring a master’s degree will increase by 22% over the next eight years and the number of jobs requiring doctorate or professional degree will increase by 20%.