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Higher Education in 2012: Challenges, Growth, and Opportunities

Explore the watershed year of 2012 in higher education, from financial pressures and declining reputation to the growth in online education and international campuses. Discover the achievements and plans of Rice University for the next decade, focusing on teaching, research, collaboration, and innovation. Join us for the Rice University Centennial celebrations.

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Higher Education in 2012: Challenges, Growth, and Opportunities

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  1. 2012: Watershed year for higher education • Higher education financial model under pressure • Declining reputation and public support • Governance issues at University of Virginia • Ethics and compliance at Penn State • Online education gains elite momentum • New overseas campuses for American universities • Yale, NYU and Duke

  2. The last decade of our first century • Growth in research funding and profile • Academic enrichment: New majors, minors, programs, centers and graduate degrees • 30 percent growth in undergraduate population, with increased quality and diversity • 37 percent growth in graduate enrollment • Growth in international students, relationships and programs • Substantial expansion, renewal of physical plant and campus • Improving shared governance through Faculty Senate • Growth in philanthropy through two campaigns • Greater visibility and reputation • Leading rankings in student and alumni satisfaction • Increasing engagement with Houston

  3. Undergraduate admissions:Fall 2002 and 2012

  4. Undergraduate student body: Ethnicity, geography, Pell Grants 2002-2005 Matriculants 699+715+726+722 = 2862 2009-2012 Matriculants 894+949+998+935 = 3776 +32% 935 Fall 2012 Freshmen 2009-2012 2002-2005 49% Texas 45% 43% 47% Other States 43% 46% 3% International 11% 10% 11% Pell Grant recipients 15% 19%

  5. Meeting competition and economic need: Tuition discount

  6. Graduate student enrollment +37%

  7. Coursera enrollments: 90,000 and growing By comparison: 6,402 degree-seeking students Fall 2012 Undergraduate: 3,861 Graduate: 2,541 Continuing Studies: Annual Enrollment: ~14,000

  8. Faculty growth: Full-time TTT*

  9. Faculty growth: Instructional NTT FTE

  10. Research revenues by funding source FY 2012 = $107,267,000 FY 2007 = $77,177,000 FY 2002 = $52,303,000 +48% +39% Other includes industry and state and local government sponsors

  11. Investing in the campus • Increase in square feet: 2002-2012 • 18% classrooms • 33% research and instructional lab space • 36% dynamic campus (Pavilion, Rec Center) • 46% housing and dining (colleges, serveries, grad apts.) • 12 pieces of public art added • Projects in the pipeline • Glasscock School of Continuing Studies • Klein Hall for Social Sciences • Tennis facility • Projects subject to fundraising • Art building • Football end-zone facility • Opera theater

  12. Operating revenues +84% $300M $551M Source: Rice Financial Statements for FY 2002 and preliminary FY 2012 Financial Statements

  13. Endowment returns:Unaudited as of June 30, 2012 35% Russell 3000 / 35% ACWI ex US / 30% Barclays Capital Aggregate Bond Index

  14. Endowment market value FY 12 Endowment spending rate: 5.66% of moving 3-year average MV Estimated Source: Investments

  15. Campaign commitments: $888 million As of Sept. 27, 2012 -- dollars in millions

  16. Shared governance: Faculty Senate • Since its creation in 2005: • Participation in BCM merger discussion • Procedure for regular review of deans • Process for creating and changing undergraduate and graduate programs • Program in Writing and Communication • Phased faculty retirement program • Creation of minors and process for approval • Procedure for approving dual degree programs • Guidance on online education

  17. The Second Century:The decade ahead • Improve teaching, learning and mentoring in the digital age • Expand our impact through online education • Enhance our research capability: strengthen faculty and research support • Foster more collaboration with the TMC, museums and industry • Build deeper international partnerships • Invest in infrastructure and maintenance • Support the entrepreneurial spirit: lead, innovate, create, build • Develop interdisciplinary, inter-institutional arts initiative

  18. Addressing big challenges • Emerging themes and potential areas of Rice impact requiring broad campus engagement: • Mind and brain • Food, energy, water • Global health • Technology and understanding: Big data and better decisions

  19. Mission and values • Our mission: • As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to pathbreaking research, unsurpassed teaching and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor. • Our values: • Responsibility, Integrity, Community and Excellence • Values that define our culture and guide our behavior

  20. Wednesday, Oct. 10 • Centennial Lecture: J. Craig Venter (3 p.m.) • Faculty and Staff Reception (4:30 p.m.) • Shorts: Esther Dyson, Shirley Ann Jackson, Rem Koolhaas, Craig Venter (8 p.m.) • Thursday, Oct. 11 • Centennial Lectures: Rem Koolhaas, Esther Dyson, Shirley Ann Jackson (10 a.m.) • Friday, Oct. 12 • Academic Procession & Centennial Address (9:30 a.m.) • Centennial Picnic (11:30 a.m.) • Presidential Panel: (2 p.m.) • Universitàdi Bologna; Tianjin University; Koç University; Princeton University; Jacobs University Bremen; Rice University • Faculty Mini-Lectures: The Power of Ideas (4 p.m.) • Three Decades of Rice University Leadership (4:30 p.m.) • Saturday, Oct.13 • Edgar Odell Lovett Statue Dedication (10:30 a.m.) • Centennial Football Game (2:30 p.m.) • Centennial Celebration Spectacle (8:45, 9:45, 10:45 p.m.) • Sunday, Oct.14 • Faculty Recital by the Fischer Duo (2 p.m.) • World Premiere Concert (7:30 p.m.) • For more information: centennial.rice.edu

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