New College promotional material plays up its natural setting on Sarasota Bay via New College website.
A five-year plan relying on hundreds of millions in state funding at New College of Florida, which already spends more per student than any other public university in Florida, drew concern from at least one member of the state Board of Governors during its Wednesday meeting.
Board member Eric Silagy, former CEO of Florida Power & Light, questioned the financial future of New College, saying that, according to his calculations, in 2023-2024 the college spent more than $91,000 to educate each student, which is $80,000 more than the system average of $10,000…