New UM President Discusses His First Semester on the Job

5 years 6 months 1 week 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
BOONVILLE - The breeding home of the Budweiser Clydesdales, Warm Springs Ranch, is hosting its inaugural Holiday Lights Festival starting... More >>
8 minutes ago Thursday, November 23 2017 Nov 23, 2017 Thursday, November 23, 2017 10:39:00 AM CST November 23, 2017 in News
COLE COUNTY - The Cole County Sheriff's Department said it is investigating a shooting that happened Wednesday night. ... More >>
12 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 9:58:20 PM CST November 22, 2017 in News
COLUMBIA - Missouri basketball star Michael Porter Jr. is recovering after undergoing surgery in Dallas Tuesday. MU said he will... More >>
16 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 6:34:00 PM CST November 22, 2017 in News
BARNETT, Mo - A Morgan County detective is apologizing after shooting and killing a family's dog. He was attempting... More >>
17 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 5:35:00 PM CST November 22, 2017 in News
COLUMBIA - On Wednesday, Columbia police released photos of an October armed robbery at Dash Liquor. On October 29,... More >>
17 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 5:01:00 PM CST November 22, 2017 in News
JEFFERSON CITY - The Missouri Highway Patrol is joining the fight against opioids. The drug has caused a nationwide crisis,... More >>
18 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 4:27:00 PM CST November 22, 2017 in News
COLUMBIA - A Columbia man involved in a deadly shooting in May has been indicted by a federal grand jury... More >>
18 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 4:04:00 PM CST November 22, 2017 in News
JEFFERSON CITY – With Thanksgiving comes a lot more traffic on the roads. In fact, according to AAA there will... More >>
20 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 2:14:00 PM CST November 22, 2017 in News
JEFFERSON CITY - Missouri Attorney General Josh Hawley sent a letter to Uber on Wednesday demanding the rideshare take immediate... More >>
20 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 1:51:00 PM CST November 22, 2017 in News
COLUMBIA - City Council voted 4-2 on Monday to postpone a preliminary plat for Columbia Public Schools’ new middle school... More >>
23 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 11:03:00 AM CST November 22, 2017 in News
COLUMBIA - A Boone County judge approved a change of venue request for a man accused in a deadly October... More >>
23 hours ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 10:56:00 AM CST November 22, 2017 in News
COLUMBIA - The Boone County Prosecutor's Office filed more charges Wednesday against a man arrested for two robberies in October.... More >>
1 day ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 8:47:00 AM CST November 22, 2017 in News
JEFFERSON CITY - Whether it is by car, plane or train, many people will be traveling for the Thanksgiving holiday.... More >>
1 day ago Wednesday, November 22 2017 Nov 22, 2017 Wednesday, November 22, 2017 2:36:00 AM CST November 22, 2017 in News
COLUMBIA - A three-car crash temporarily shut down one of the northbound lanes of Range Line St. around 6:00 Tuesday... More >>
1 day ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 7:00:00 PM CST November 21, 2017 in News
COLUMBIA - The American Farm Bureau Federation conducted a survey on 16 food items from 25 states across the country... More >>
1 day ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 6:19:00 PM CST November 21, 2017 in News
COLUMBIA - Boone County Auditor June Pitchford presented the commission with her proposed 2018 budget Tuesday afternoon. The commissioners... More >>
1 day ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 6:06:00 PM CST November 21, 2017 in News
JEFFERSON CITY - A one-of-a-kind facility is starting to take shape in Jefferson City. At the junction of US Highway... More >>
1 day ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 5:55:10 PM CST November 21, 2017 in News
SEDALIA - Steel giant Nucor announced Tuesday it would build a new facility in Sedalia, bringing 250 new jobs and... More >>
1 day ago Tuesday, November 21 2017 Nov 21, 2017 Tuesday, November 21, 2017 4:04:00 PM CST November 21, 2017 in News
Columbia, MO
Broken Clouds 45°
11am 46°
12pm 49°
1pm 51°
2pm 53°

Select a station to view its upcoming schedule:

Coming Up Next

9:00a
Macy's Thanksgiving Day Parade
12:00p
The National Dog Show
2:00p
The Dr. Oz Show
10:00a
Jerry Springer
11:00a
Jerry Springer
12:00p
Jerry Springer

Tonight's Schedule

7:00p
Football Night in America
7:20p
Sunday Night Football Thanksgiving Special
7:00p
Supernatural
8:00p
Arrow
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld