One on One with Iowa Board of Regents President Bruce Rastetter

Rastetter is wrapping up his term as president of the regents

COUNCIL BLUFFS, Iowa - The outgoing president of the Iowa Board of Regents attended his last meeting Thursday.

Bruce Rastetter's term expires, he's looking back not only on problems with higher education funding but also scandal involving the misuse of an Iowa State University aircraft.  He sits down with KCAU9 reporter Amanda Krenz to look back.

"Let's talk about the airplane controversy because it's going to be something that people are going to remember it's going to stand out there.  How do you I guess reflect on that whole situation and how everything played out," said reporter Amanda Krenz.

"I think it's really unfortunate that the people reflect on that in the last 6 months rather than the great things that Steve Leath did as president.  Six years ago there was a variety of challenges with the university there was 28 thousand students today there's 37,000.  Research in AU status was on the bubble.  Today they have record fundraising $450 million.  They have a new Research Park as your aware of the cultivation Corridor there are thousands of jobs being created within that Research Park and so your going to take intellectual property from University and create high-quality jobs companies out of those ideas.  That wouldn't have happend had he not been there had the board not supported that ..... obviously people are going to remember some things around the plane incident I think he ended up ultimately handling that correctly an the board I think certainly dealt with the best we could," said Rastetter. 

"Let's  talk about the money factor in the legislature because that stuff for you guys to have funding cut so what's the best way if you could give advice to the next president of this board to handle that," asked Krenz.

"I think to give advice to the next president, I think the systems a dynamic system and we had focused on accessibility and affordability and partnering with the state. Obviously when the state has revenue decreases they don't have the ability to do that in the regent system I think because we've been more aggressive at oversight and efficiency we got cut more than others. So I think what we announce today is there needs to be a coming together and a task force of senators and representatives and regents this summer to talk about how the regents go forward if there's going to be the states support there or if there's going to be a need to be a different tuition model then we've done previously and I just mentioned were going to recommend to the board and universities are to backfill the 30 million dollar and cuts with tuition increase for this fall.  So I would expect the board will be doing that but there needs to be a broader discussion about Iowa's commitment to education," added Rastetter.

 

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