Jobs Getting Harder November 12, 2008Posted by gordonwatts in university.
Yes, I know. It is a big surprise that the economy is affecting academic institutions. Isn’t the reason that we all went into them was to be insulated from the real world, after all? A few weeks ago I wrote that our university prez had said:
The upshot is, Emmert thinks, things will be tight, we don’t have to stare at our toes until this financial crisis blows over. Indeed, he said that this might be an opportune time to do what other universities were doing to us about 4 years ago – poach!
And Tufts University, which for the last two years has, proudly, been one of the few colleges in the nation that could afford to be need-blind — that is, to admit the best-qualified applicants and meet their full financial need — may not be able to maintain that generosity for next year’s incoming class. This fall, Tufts suspended new capital projects and budgeted more for financial aid. But with the market downturn, and the likelihood that more applicants will need bigger aid packages, need-blind admissions may go by the wayside.
Even private universities are having trouble – especially if their endowment was not well parked. At any rate, it is getting ugly. On the other hand, I do see a fairly good crop of particle physics experiment positions open (theory, experiment – ops! I don’t see this years! hmmm, so much for that argument!). Ok, a good crop of announcements that I’ve seen go by.
Sadly, however, I do think it is going to directly affect us at UW, despite Emmert’s cautious optimism. Bummer. Now that the election is gone we are lucky to still have a friend of the University in the governor’s office, which bodes better for the university budget that it might otherwise in this climate. My fingers are crossed. I really want to be sending out more “We have a job opening” emails!!