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WSU Regents Discuss Sincerely Held Religious Belief For Vaccine Mandate Exemption – Pullman Radio
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WSU Changes Course And Keeps Critical Regents Committee Meetings Streamed Live Online
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The Washington State University Regents heard the administration’s financial recovery plan for athletics during committee meetings Thursday.
WSU wants to cover the department’s pandemic-caused debt with external financing by selling 36 million dollars in bonds. That debt would be repaid by Cougar Athletics over 20 years. The plan for the pandemic debt also includes using 11 million dollars in university cash from savings from an October refunding of existing debt. WSU Regent Marty Dickinson notes that the plan avoids using federal government coronavirus relief money to bailout athletics. You can listen to Dickinson’s comment by clicking on the audio file below.
The Washington State University Regents have approved a 2.5% tuition increase for the next academic year.
The vote increases in-state undergraduate tuition next year by 255 dollars to just under 10,500 dollars. One regent voted against the tuition increase. State law allowed for tuition to be raised up to 2.8%.
WSU plans to return to a “robust” in-person classroom experience for students this Fall.
The Washington State University Regents have unanimously approved a request to obtain external financing to help pay for the pandemic-caused debt in athletics.
Nearly 36 million dollars in bonds will be sold to help cover revenue losses caused by the pandemic. That debt will be repaid by Cougar Athletics for 20 years. Eleven million dollars in university cash from savings from a recent debt refinancing will also be used to help with the department’s pandemic shortfall. The regents approved taking on the new debt without any discussion during Friday’s vote.
Cougar Athletics long-term cumulative debt is now expected to reach about 90 million dollars. The financial recovery plan calls for athletics to begin paying back it’s cumulative debt after fiscal year 2023.
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