UT Arlington economic impact detailed
The University of Texas at Arlington has a $13.6 billion annual economic impact on the state and creates more than 122,000 permanent jobs for the north Texas region each year, according to a study released Friday, the Fort Worth Star-Telegram reported. The economic impact figures were part of a study economist Ray Perryman did on the university. Another Fort Worth Star-Telegram story detailed how Perryman derived the study. It also detailed the impact UT Arlington has had on downtown Arlington and its quest for Tier One. UT Arlington President James Spaniolo said: "UT Arlington supports thousands of jobs and keeps Texas working. The university's impact and influence extends far beyond Arlington. It extends across the region and across the state." The Dallas Morning News also ran the story.
President Spaniolo believes stable funding needed
UT Arlington President James Spaniolo said if the legislature is unwilling to provide stable state funding, universities will be reluctant to freeze tuition, KERA reported. “It’s hard to make these judgments about leveling tuition for a four year period without knowing anything about what funding is going to be coming from the state," Spaniolo said. “I think that’s why the two need to go together. Predictable stable funding from the legislature makes it possible for us to be much more restrained in the charges we make for tuition and other fees.”
Arlington businessman commits $1 million to automotive engineering
The University of Texas at Arlington announced that Arnold E. Petsche has committed $1 million to the College of Engineering to establish the Arnold E. Petsche Center for Automotive Engineering, the Fort Worth Star-Telegram reported. His gift will double in value through the university's Maverick Match program to create a $2 million endowment for the center.