Should PSU Receive More Taxpayer Funding?

Should PSU Receive More Taxpayer Funding?

As the General Assembly continues work on the 2025-26 state budget, should we increase taxpayer funding for Penn State?

The Penn State Board of Trustees recently voted to give the president a $450,000 raise this year, which will increase her pay from $950,000 to $1.4 million a year. It also agreed to give her a 3.5% raise every year until 2032.   

Then, this past weekend, Penn State fired the head football coach, but he is getting almost $50 million on the way out due to his irresponsible contract that apparently pays the same for good and bad performance. This golden parachute could be reduced if he gets a new job. On a related note, PSU recently decided to close several branch campuses stating if it didn’t the university would have to come up with the $50 million those campuses lose each year.

In addition, Penn State is currently spending $700 million to renovate its football stadium.   

Penn State tells us every year that it is financially struggling and needs an increase in state funding.    

Should we help PSU pay for all of this by increasing the amount of taxpayer funding it gets?

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