Pennsylvania Taxpayers Forced Subsidy of $227,694,000 to Tax Exempt Billion Dollar Private Corporation Penn State

Morality at Penn State 0 Government/Taxpayer Appropriation $227,694,000 Appropriation Act 10A of 2012 SB 1122 Pennsylvania State University READ MORE FISCAL NOTE HOUSE COMMITTEE ON APPROPRIATIONS Penn State Senate Bill 1122 is the Commonwealths non-preferred appropriation to the Pennsylvania State University for fiscal year 2012-2013. Appropriations Act 10A of 2012 This legislation appropriates a total of $227,694,000 for Penn State University. It specifies $214,110,000 is for general support and $13,584,000 is for the Pennsylvania College of Technology. These are the same amounts that were appropriated for fiscal year 2011-2012. It also directs the appropriation of the moneys of the restricted account within the Agricultural College Land Scrip Fund for the 2012-2013 fiscal year. FISCAL IMPACT: Enactment of this legislation will cost the The Forgotten Taxpayers of Pennsylvania $227,694,000 in fiscal year 2012-2013.

Former Penn State millionaire president Graham Spanier at the Penn State Creamery licking ice cream with Monicas boyfriend. In fact, the Favored Five are all educational institutions promoting Liberal Democratic values. Why are the Taxpayers of Pennsylvania choosing which educational philosophy to promote? Competition and choice in education may be an idea whose time has come

Senator Jake Corman, Penn States Senator, is Republican Chair of Senate Appropriations Committee. In the past 9 years, Centre County/Penn State Senator Jake Corman, Senate Appropriations Chair, has voted to give about a QUARTER BILLION Taxpayer Dollars a year, more than $2,000,000,000 over 9 years Two Billion Dollars that Pennsylvania Taxpayers were forced to give to Penn States Administrators, Staff, Faculty because, you know there arent any other colleges or universities in Pennsylvania and the subsidies keep tuition from rising on middle class. Act 14A of 2011 Act 10A of 2010 Act 15A of 2009 Act 7A of 2008 Act 10A of 2007 Act 10A of 2006 Act 9A of 2005 Act 9A of 2004 Act 10A of 2003 The tuition increase along with state aid will help support a total university budget of just over $4 billion. Tuition and fees produce a third of the universitys revenue. History of the tuition increases for in-state freshman students attending Penn States State College campus. Penn States undergraduate tuition rates vary:

2009-10 4.5% $13,604 2008-09 5.9% $13,014 2007-08 5.5% $12,284 2006-07 5.6% $11,646 2005-06 5.9% $11,024 2004-05 12% $10,408 2003-04 16% $9,296

2002-03 13.5% $8,008 2001-02 7.8% $7,054

Penn State Fact Book Penn State Fact Book Graduation Rates 4 year 70. 5, 5 year 67.5 and 6 year 47.9 Penn State Fact Book Retention Rates Penn State Student Loan and Graduation Rate Calculations Discussed 19 July 2010 The U.S. Department of Education recently added default rates to its College Navigator website, which is intended to be a tool for students and parents interested in comparing colleges. By adding default rates, the Department of Education clearly thinks this is important information for parents and students to know. But for the Penn State campuses, and the many institutions like it, College Navigator adds the following caveat to the default rate number, These default rates apply to all locations of this institution. More on Penn States Calculations 14 July 2010 The Bootleg's 2011 Graduation Rate (3 Sports Teams) Analysis April 22, 2011 The Bootleg's 2012 Graduation Rate Analysis May 3, 2012 For the eleventh straight year, The Bootleg presents its analysis of student-athlete graduation rates. Once again, The Bootleg is taking a hard look at the graduation rates for the three major sports football, basketball, and baseball as well as overall graduation rates for student-athletes. 2011-2012 Pay Scale College Salary Report Penn State Overview and Graduation Rates National Center for Education Statistics Federal Student Aid and the Law of Unintended Consequences Hillsdale Imprimis May/June 2012 Volume 41, Number 5/6 Richard Vedder Professor of Economics, Ohio University Tier 3 Against Liberty and Against The Forgotten Taxpayer 50 points deducted from grade