A $2 million mansion for his Majesty, Dr. Austin Lane???

At the July 2018 Board of Regents meeting, the rumor is that President Lane asked the BOR (in closed session and as a vague description on the agenda for "property") to buy him and his family a $2 million mansion to be used by himself and owned by TSU as an official Presidential residence. Many universities have formal and legitimate Presidential residences, useful for both a residential dwelling but also used as a place to entertain and solicit donations and host events from alumni, boosters and other legitimate uses.  Fair enough, but with so many of our current students sleeping in cars, on people's couches and even some students who are actually homeless, isn't there a better use of $2 million perhaps as a series of microgrants to our students or perhaps as a raise to our hardworking faculty and staff who have not had a raise since 2014?  Additionally, President Lane has only been at TSU for about 2 years; is this enough time to measure his worth for an expense as large as a $2 million mansion? The rumor is that this issue is not completely closed, while the BOR has initially rejected his request for the mansion, they have simply tabled it and this request may come back again at a later date.  We hope the BOR will continue to deny an expense as large as this as TSU should not waste their money when King Lane already gets a generous housing allowance through his very generous contract with TSU.  He has also supposedly received a substantial raise and/or asking for a 31% raise on an extended contract even though his 3 year contract doesn't expire until Summer 2019. 

Comments

Anonymous said…
The rumor is that at the board meeting on October 18 the president will again ask the board to reconsider the mansion. The agenda also states that president Lane will get a $34800 raise for performer bonus

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