News and Notes: Eisgruber ’83 urges business leaders to fund state schools in light of government budget cuts

University President Christopher Eisgruber ’83 discussed government cuts to higher education and the need for business leaders to press for more funding to state schools during a speech at the Princeton Regional Chamber of Commerce luncheon at the Princeton Marriott on Thursday, The Princeton Packet reported.

The speech was Eisgruber’s first to the local business community, and he urged business leaders to make their voices heard in support of higher education.

Eisgruber cited evidence that opposes the idea that students are graduating from college with hundreds of thousands of dollars in debt, countering newspaper articles which he said cast doubt upon whether higher education is worth the cost. He also stressed the value of a college degree as an investment that will pay off in the long run for both college graduates and the state.

Eisgruber also discussed plans to expand the University during a question-and-answer session.

“The overwhelming evidence,” Eisgruber said, “is that the value of a college degree today is higher than it has ever been.”


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