New UM President Discusses His First Semester on the Job

5 years 7 months 1 day ago Friday, May 11 2012 May 11, 2012 Friday, May 11, 2012 5:07:00 PM CDT May 11, 2012 in News
By: Emily Spain
loading

COLUMBIA - As Mizzou students celebrate graduation Friday and Saturday, UM President Tim Wolfe celebrates finishing his first school semester in his new role.

"It sure feels great to be home," Wolfe said. Wolfe is a Rock Bridge High School and MU alum, and said he remembers Columbia as his launching pad. 

"This campus gave me what I think is the perfect start of a business career because I had all the fundamentals," he said.

Wolfe started his undergraduate years at MU in the late 1970s, where he said he spent most of his time in Middlebush Hall on campus earning his business degree.  He graduated in 1980. Since then, Cornell Hall has become the new home to business majors.  Despite a growing campus and new additions, there's something that has remained the same over the years.  The financial burden of college continues to strike students pocket books years later. 

Something Wolfe said he remembers himself, "I was manager of the Sinclair gas station. I was a waiter and bartender at the Pasta Factory. I was going between jobs to get through school without owing the bank."

He hopes his past experience will lend him a hand in relating to what students are facing right now. 

"I can appreciate the challenges that they are going through and obviously our goal is to make the University of Missouri and as affordable to as many students as possible," Wolfe said.

Now back on his old stomping ground, he said that's a top priority and his biggest challenge.

"The challenges might be the frustration that you can't make the changes and get the necessary resources to continue to support [what's] needed here."

Wolfe is working against some of the worst financial numbers the UM System has seen.

"Nobody would like a cut, but it is what it is," he said. "Well the first and most immediate challenge is that of the budget. We have a 7% reduction in the budget with state funding."

Governor Nixon originally announced a 12.5% cut to the UM System's budget that sent shock waves through the four schools it supports. Nixon later lowered that cut to 7%, but schools like Mizzou still have to raise tuition by 3%.  Only 30% of funding comes from the state, while 70% comes from tuition at MU. Wolfe said the tuition increase matches current inflation rates, but adds the system continuously reminds the state it needs help.

"We're having conversations all the time. It's a non-stop conversation of what higher education offers to the state of Missouri," Wolfe said.

Wolfe argues the schools within the UM System are a huge asset the state shouldn't overlook. He said, for example, the schools conduct 94% of the research in the state; research that leads to jobs and economic development. 

"I firmly believe that higher education is what's going to get us to a much quicker economic recovery than what we've seen so far," he said.

Cuts, however, are still imminent and Wolfe said around 200 to 240 jobs are on the line. For those who worry they might get the cut, Wolfe has this message.

"Rest assured, the last thing we want to do is eliminate any job," he said. "We are a people based business and anything we can do to protect our people we are going to be doing."

As Wolfe takes on a diminishing budget and growing student enrollments, he hopes those in the system, state and local community will learn to trust him.

"I am who I am," he said. "I'm passionate about what I do and I think over time people will see my passion and find overtime that they will trust me. "

 

More News

Grid
List
KANSAS CITY, Kan. (AP) — Firefighters have found two bodies while battling a blaze in a Kansas City, Kansas, home.... More >>
16 minutes ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 11:53:16 AM CST December 12, 2017 in News
CARTHAGE (AP) — A former employee of a Carthage rehabilitation center was sentenced to 10 years in prison for stealing... More >>
1 hour ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 10:38:59 AM CST December 12, 2017 in News
COLUMBIA - Police found 23 individually vacuum-sealed plastic bags of marijuana on Monday in a package delivered by FedEx. ... More >>
1 hour ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 10:22:00 AM CST December 12, 2017 in News
ST. JOSEPH (AP) — A Missouri woman has been charged in the drowning death of her 6-month-old son. The... More >>
2 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:54:03 AM CST December 12, 2017 in News
ST. LOUIS (AP) — An Illinois man has been sentenced to 25 years in prison in the fatal shooting of... More >>
2 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:43:49 AM CST December 12, 2017 in News
JANESVILLE, Wis. (AP) — Janesville police say the victim of a homicide was stabbed at least 30 times. ... More >>
2 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:37:00 AM CST December 12, 2017 in News
OVERLAND PARK, Kan. (AP) — Fire crews have found a woman dead while putting out a fire in a suburban... More >>
2 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 9:28:02 AM CST December 12, 2017 in News
JEFFERSON CITY - The Jefferson City Board of Adjustment will hear from the public Tuesday morning about issuing a conditional... More >>
5 hours ago Tuesday, December 12 2017 Dec 12, 2017 Tuesday, December 12, 2017 6:42:00 AM CST December 12, 2017 in News
COLUMBIA - It's a topic that many people shy away from, but one man came to Columbia to talk about... More >>
15 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 8:25:00 PM CST December 11, 2017 in News
COLUMBIA - Terron Wings says he considers himself blessed he can now call himself an “American taxpayer.” Wings, 37,... More >>
16 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 7:27:27 PM CST December 11, 2017 in News
JEFFERSON CITY- A Special Olympics Missouri plan nearly a decade in the making could become a reality as soon as... More >>
16 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 7:12:00 PM CST December 11, 2017 in Sports
COLUMBIA - The Columbia Board of Education voted to approve ballot language for a $30 million bond issue Monday night... More >>
17 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 7:01:00 PM CST December 11, 2017 in News
COLUMBIA – High winds and dry conditions warranted additional safety precautions for fire safety Monday in central Missouri. The... More >>
18 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 6:04:00 PM CST December 11, 2017 in News
RENICK – The Beamer family was on the porch of their Randolph County home at the beginning of the storm... More >>
18 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 5:21:00 PM CST December 11, 2017 in News
ROCHEPORT - Consolidated Water issued a boil order advisory for parts of Howard County Monday due to a water main... More >>
19 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 4:29:00 PM CST December 11, 2017 in News
ORONOGO (AP) — Homeowners living near a gun range in southwest Missouri are concerned about stray bullets that have been... More >>
20 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 3:32:30 PM CST December 11, 2017 in News
COLUMBIA - When someone goes to the doctor for a checkup, they might expect the regular look at their eyes,... More >>
20 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 3:15:00 PM CST December 11, 2017 in News
COLUMBIA - The Food Bank for Central and Northeast Missouri is using mobile pantries to provide food to areas that... More >>
21 hours ago Monday, December 11 2017 Dec 11, 2017 Monday, December 11, 2017 3:00:00 PM CST December 11, 2017 in News
Columbia, MO
Broken Clouds 32°
1pm 34°
2pm 36°
3pm 38°
4pm 38°

Select a station to view its upcoming schedule:

Coming Up Next

12:00p
KOMU 8 News @ Noon
12:30p
Inside Edition
1:00p
Days of Our Lives
12:00p
Jerry Springer
1:00p
Maury
2:00p
Maury

Tonight's Schedule

7:00p
The Voice
8:00p
Gwen Stefani's You Make It Feel Like Christmas
9:00p
Chicago Med
7:00p
Greatest Holiday Commercials Countdown 2017
8:00p
The Victoria's Secret Fashion Show
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld