For years, lawmakers have groused that Penn State walks, talks and spends like a private school. As state support continues to slide, university officials say that idea may not be so far-fetched. In response to a question Tuesday about the possibility of the university’s “becoming more private,” board of trustees Chairwoman Karen Peetz said all options are on the table. Peetz said she’s talked with representatives from Cornell, a fellow land-grant university that receives some government support but remains private. Cornell’s structure could give Penn State guidance in moving past its state-related status, she said during a meeting with faculty. “I think the Cornell model is of great interest,” she said. “They appear to have successfully managed the public/private.
Looks like she is admitting that they have done a poor job of managing the public–I happen to agree with her on this!