We're hearing from a lot of folks in this market who are really concerned with the funding model, and one of the people is Len Hadley(retired CEO of Maytag Corp.), who is a well-respected business leader and who served on the funding model task force.
What did he
get wrong on the Regents'
First of all, I'd like to say I really respect Len Hadley's
service on the committee … One of the recognitions that I think hasn't always been made about our funding model is we're talking about just 2 percent of University of Iowa's
annual budget, but also that we're asking for the $12.9 million this next year to be backfilled, so there would be no loss (in funding).