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Georgia Tech President Bud Peterson Talks Budget
Monday, 19 July 2010

July 19—The budget woes of the State of Georgia have affected local Boards of Education and these same issues exist for institutions of higher learning as well.  Dr. Bud Peterson, President of Georgia Tech was in town and discussed how the current budget crisis has affected Georgia Tech. 


“Probably the best way to look at it is to look at what the cumulative effect is over the last 3 years.  If you do that our budget has gone down about 85 million dollars,” Dr. Peterson says.


There have been tuition increases as well.  “We did have an increase this past year,” he says.  “A 16% increase in tuition was approved by the Board of Regents for this fall.”


“When you compare Georgia Tech and our tuition for our resident students with other institutions that we think are similar to Georgia Tech, we are still a very, very good value,” Dr. Peterson states.


Dr. Peterson also stated that the job market for current Georgia Tech graduates looks good.  “There is a strong market demand for people with technical backgrounds, especially people with technical backgrounds from places like Georgia Tech.”

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