Education
advocates from Rochester and the Genesee Valley today joined Governor Eliot
Spitzer at SUNY Geneseo where they endorsed his plan to strengthen New York’s higher education system and turn it into a world-class network of the State’s
public colleges and universities, driving job creation and expanding New York’s Innovation Economy.
The Governor’s visit to Geneseo is the latest stop in his statewide tour
“Investing in New York’s Future,” designed to engage New Yorkers across the
State in a discussion about the importance of creating a $4 billion endowment,
which will serve as the foundation for future improvements to public higher
education. Geneseo and other regional institutions attended the event,
including students, administrators and faculty.
Governor Spitzer visited Geneseo’s new Integrated Science Building before
joining students, faculty, advocates and community leaders to celebrate the
university’s achievements and to discuss his proposed higher education plan.
The Governor is traveling the State to convey, in real terms, what this year’s
Executive Budget means to New York’s universities, students, families and
communities.
The $4 billion public higher education endowment, announced in the Governor’s
State of the State Address earlier this year, is expected to initially yield
$220 million per year and would provide a new funding stream for New York’s public colleges and universities. Within 10 years, the endowment is expected to
grow to $6.3 billion and generate more than $330 million per year.
Supporters of the Governor’s plan for higher education include United
University Professions (UUP), New York State United Teachers (NYSUT), the New
York Public Interest Research Group (NYPIRG), the State University of New York
(SUNY), the City University of New York (CUNY), and leaders from student,
faculty, labor, business, and advocacy groups across the State.
“SUNY Geneseo, like many other institutions within the SUNY system, is poised
to become one of the preeminent liberal arts colleges in the United States,” said Governor Spitzer. “But to make this a reality it is imperative that we
provide the tools needed to prepare our students for the innovation that is
driving our economy, so that New York’s system of higher education is
second-to-none. Investing in our SUNY institutions will become the force behind
the revitalization of Upstate – creating jobs, spurring economic growth and
thereby profoundly changing the business climate in this region. Creating an
endowment to support this investment is critically important to the lifeline of
our 2- and 4-year institutions, as it will pay dividends for years to come. We
are committed, along with our partners in business, labor and higher education,
to building a public higher education system that will help build a future for
our State in which we not only thrive economically and intellectually, but in
which we lead the world.”
Christopher C. Dahl, President of SUNY Geneseo, said: “We are delighted and
honored to have Governor Eliot Spitzer visit our campus. We are witnessing history
in the making on two fronts. The Governor is the first since Nelson Rockefeller
to come to Geneseo, and his proposal to create a $4 billion endowment has the
potential to transform SUNY and CUNY in a powerful way. This will elevate New York higher education to even greater prominence. Geneseo stands ready to help achieve
this bold and visionary goal.”
Thomas Flynn, President of Monroe Community College, said: “The Governor's
proposed $4 billion endowment will help community colleges escape the cycle of
yearly budget battles and allow college presidents like myself to develop
multi-year strategic plans. I welcome the Governor's proposal and the
transformative potential it has for community colleges to better provide
workforce training and a stepping stone toward further higher education.”
Ruel McKnight, Assistant Professor of Biochemistry at SUNY Geneseo, said: “The
endowment proposed by Governor Spitzer would allow us as faculty to delve into
our more creative side and to carry out the type of creative activities and
innovative research that we are capable of doing. Furthermore, we could
offer more mentorship opportunities to our very valued students.”
Mehr Qureshi, SUNY Geneseo student and Presidential Scholar, said: “The time is
right to invest more resources in the education of students who will become
more desirable candidates for graduate schools that have come to expect such
high levels of dedication, motivation, and experience from them. The endowment
proposed will be an investment that will keep giving year after year as the
college as well as our community as whole enjoys the rewards.”
Daniel Elliott, Student Body President at Monroe Community College, said:
“Community Colleges – like Monroe – not only need to adapt to changing
workforce needs within our communities, but also to emerge as a gateway to
4-year higher learning institutions. In order for these needs to be met,
funding is required, and the endowment proposed by the Governor is one way to
do this.”
SUNY Geneseo is in position to become one of the top public liberal arts
colleges in the country and is among the nation’s top producers of bachelor’s
degrees in physics, according to the American Institute of Physics. Kiplinger's
Personal Finance Magazine recently rated Geneseo as the nation's “Best Value”
for out-of-state students and sixth “Best Value” for in-state students.
The Governor’s visit included a tour of Geneseo’s recently dedicated $33
million Integrated Science Center, a world-class educational and research
center that includes a state-of-the-art particle accelerator which has become a
key asset for scientific research in Western New York.
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