New UM President Discusses His First Semester on the Job

4 years 8 months 1 week ago May 11, 2012 May 11, 2012 Friday, May 11 2012 Friday, May 11, 2012 5:07:00 PM CDT in News
By: Emily Spain
Embed Code Copied

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
COLUMBIA – On Friday, president-elect Donald Trump will officially take the oath of office in Washington D.C. for President of... More >>
8 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 9:58:00 PM CST in News
COLUMBIA - The U.S. Department of Agriculture released a new set of regulations on Wednesday that clarifies standards for living... More >>
11 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 6:49:00 PM CST in News
COLUMBIA - The Columbia/Boone County Health and Human Services Department tracked a decrease in mumps cases reports when MU students... More >>
11 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 6:42:00 PM CST in News
SPRINGFIELD (AP) — A southwest Missouri woman was sentenced to two years in prison without parole for selling more than... More >>
11 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 6:39:07 PM CST in News
KANSAS CITY ( AP) — Missouri Democrats are asking Gov. Eric Greitens to support their efforts to force the new... More >>
11 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 6:23:56 PM CST in News
ST. LOUIS (AP) — St. Louis police say a man was fatally shot just west of Hickey Park. According... More >>
12 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 6:11:00 PM CST in News
BOONE COUNTY - The Missouri Highway Patrol has identified the person at the center of a death investigation north of... More >>
12 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 5:15:35 PM CST in Top Stories
ST. LOUIS (AP) — St. Louis police say a 79-year-old man fatally shot the assistant manager of an apartment for... More >>
13 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 4:53:42 PM CST in News
COLUMBIA - The Columbia Police Department responded to a shots fired incident near Quail Drive Thursday afternoon. According to... More >>
13 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 4:25:00 PM CST in News
KANSAS CITY (AP) — A federal appeals court has revived a lawsuit challenging Missouri regulations limiting how alcohol producers and... More >>
14 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 3:50:31 PM CST in News
JEFFERSON CITY (AP) — A Missouri senator says the state shouldn't be investing in Russia, and she has filed a... More >>
14 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 3:44:00 PM CST in News
ST. LOUIS (AP) — The man who was the face of Ferguson, Missouri, in the turmoil that followed the 2014... More >>
15 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 2:47:32 PM CST in News
COLUMBIA - New research from the University of Missouri School of Social work called for more attention to advanced directives,... More >>
15 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 2:40:00 PM CST in News
JEFFERSON CITY (AP) — A bill prohibiting mandatory union fees in workplaces is moving to the Missouri Senate after winning... More >>
15 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 2:36:00 PM CST in News
JEFFERSON CITY (AP) — Airport, trucking and business officials all are urging Missouri lawmakers to change state driver's license laws... More >>
15 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 2:24:06 PM CST in News
KANSAS CITY (AP) — Kansas City-area investigators are searching for a missing college student from Wichita who hasn't been seen... More >>
15 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 2:15:54 PM CST in News
KANSAS CITY (AP) — The city of Ferguson, Missouri, is appealing a federal jury's $3 million award to the family... More >>
16 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 2:08:00 PM CST in News
MOUNT VERNON (AP) — A southwest Missouri fa rmer who was charged in a fork loader assault has pleaded guilty... More >>
16 hours ago January 19, 2017 Jan 19, 2017 Thursday, January 19 2017 Thursday, January 19, 2017 2:00:50 PM CST in News
Columbia, MO
Broken Clouds 46°
7am 45°
8am 45°
9am 47°
10am 48°

Select a station to view its upcoming schedule:

Coming Up Next

6:00a
KOMU 8 News Today
7:00a
Today
9:00a
NBC News Special: Inauguration of Donald Trump
6:00a
King of the Hill
6:30a
King of the Hill
7:00a
Cheaters

Tonight's Schedule

7:00p
Grimm
8:00p
Emerald City
9:00p
Dateline NBC
7:00p
The Vampire Diaries
8:00p
Crazy Ex-Girlfriend
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld