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Accounting accountability

In light of today's financial climate, it is a welcome breath of fresh air to hear university presidents expressing an open desire for honest and open accounting practices. In a recent panel at the annual meeting of the National Association of State Universities and Land-Grant Colleges, reports the Chronicle of Higher Education, the president of the Louisiana State University System admitted that colleges have "obscure, confused, and mucked-up budgets" in order to deter the prying eyes of legislators and other universities. Other members of the panel argued that appropriations for universities would be much better received if their books were more easily accessible.

ACTA has been seeking greater transparency for years, and it is good to see that at least some administrators are standing up for change. It's time that the public -- and higher education trustees generally -- demand an honest accounting of where tax dollars are going.

Posted by Noah Mamis on November 11, 2008 at November 11, 2008 02:59 PM

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