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Breakthrough Solutions For Higher Education: Florida Can Do Better than Texas Presented to and modified by the FSU Board of Trustees

A significant part of the prosperity of the United States over the last 50 years has been attributed in large measure to the national investment in universities, and in science and technology (Rising Above the Gathering Storm). Public universities and colleges play an important and demonstrable role in the economic competitiveness of every state in the Union. Yet, over the last decade, our nation has experienced a number of troubling trends. We have lost our lead in manufacturing, in technology, in information technology, in space, in the production of engineering degrees, and a host of other areas. The largest producers of new jobs in America are fast food companies, big box retailers like Wal-Mart, and other enterprises that require lowskill workers. The investment in public colleges and universities has also decreased substantially, limiting their ability to promote innovation and making them less nimble in moving resources into areas that will enable the U.S. to compete effectively in a global marketplace. At the same time, public tuition costs in most states have increased significantly, creating worries that higher education will become less accessible.