In a time of uncertainty for higher education funding, state leaders say they are concerned that graduate schools could lose priority.
Government and academic leaders gathered Friday to discuss the state of graduate education at UNC’s first Graduate Education Summit.
The event, presented by the UNC Science Policy Advocacy group, UNC Graduate and Professional Student Federation and Student Advocates for Graduate Education, featured two panels — one with a focus on state and local government and one with a focus on national government.
Panelists spoke about UNC as an economic catalyst for the state and said a great number of business ideas are started on campus.
UNC’s research funds have increased by $11 million to nearly $800 million this year, which Chancellor Carol Folt said is the most the University has ever had.
Panelist and U.S. Rep. David Price (D-N.C.) was one of the many panelists who emphasized the importance of funding graduate schools.
“I think it’s penny-wise and pound-foolish to shortchange this area,” he said.
UNC is ranked ninth in use of federal research and development funds and tied for first among the best U.S. public research universities.
Graduate School Dean Steven Matson, another panelist, said the bulk of UNC’s research money comes from the federal government. He said he is concerned about the decreased funding of graduate education.