"Costly and unsustainable:" After spending $75 million, a troubled UT System

UT wasting PUF money without having a plan…again.

In an interview with the Tribune last year, he said staffers there had done important and innovative work, but he acknowledged some fundamental problems. The system had already set aside nearly $100 million for the institute — enough to cover annual tuition for about 9,000 UT-Austin undergraduates – before McRaven asked for a business plan.

Leslie said at the time, “There probably could have been more efficient ways to get us here with less money.” In a memo dated Sept. 2017, he wrote that the institute’s initiatives had mostly “proven costly and unsustainable.”

1 Like

… And the wasteful spending of the ut system continues.

1 Like

So they couldn’t go over to the business school and ask for help on a business plan?