Interview with A. D. Albright, April 4, 1989

Partial Transcript: We ended up, uh--(clears throat)--

Segment Synopsis: During this segment, A.D. Albright is talking about all the different types of budgets for a university. One of the budgets he explains is a fund budget and explains its importance in the university. Albright also describes what a suspense account does for the university. This account helps with automatic bills like salary and utilities.

Keywords: Budgets; Education; Finances; Financials; Suspense accounts

Subjects: College administrators; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Finance; University of Kentucky

Partial Transcript: The, uh, uh, the disadvantage of a--looked at program-wise of a 3% or whatever the, uh, percentage would be...

Segment Synopsis: During this segment, A.D Albright explains that there’s a student debt crisis and how the university should manage its finances. He talks about how the University wastes money on the wrong programs. He says in order to maintain the budget, the University needs to save 3% of the students' total tuition cost for any upcoming programs.

Keywords: Budgets; Expenses; Reorganization; Student enrollment; Student loans; Surplus; Utilities

Subjects: College administrators; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Finance; University of Kentucky

Partial Transcript: And by the time Dr. Roselle got here, there was some concern about the large amount of non-recurring, uh, uh, operations--

Segment Synopsis: Albright describes how a non-recurring budget works. He talks about the importance of this account because if you use it right you will be able to convince more students to attend your university. For example, buying something that the students would want and need that other universities are not providing.

Keywords: Attendance; Books; Budgets; Computers; Funding; Grants; Non-recurring budgets; Research; Telecommunications

Subjects: College administrators; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Finance; University of Kentucky

Partial Transcript: The fund balances that were there--

Segment Synopsis: Albright says that Commonwealth Stadium was going to cost a lot out of the all the fund accounts and they were deciding if it was worth it to build. It was very important that if they built the stadium, that the athletic department would be able to run on its own to help cover the cost needed for upkeep. To build the stadium they had to start an escrow account which is an account where the state puts money in and the interest on the account could be used to build the stadium. The money would be paid back to the state and the stadium should be able to run on its own afterward to keep more money in the budget for other things needed.

Keywords: Accounts payable; Athletic departments; Escrow accounts; Expenses; Football stadiums; Fund accounts; Interest; Surplus

Subjects: College administrators; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Finance; University of Kentucky

Partial Transcript: You know, when you look at, uh--in general terms, when you look at the Singletary years--and this is getting ahead of ourselves a little bit...

Segment Synopsis: Albright discusses decision-making at UK. The people making the decisions were worried that they shouldn't be making the decisions, instead it should be in the hands of people closer to the students such as deans or department chairs. It is important that everyone's perspective is seen and that the university's decisions are not just documents. The university should have discussions about what is going on, and the decisions being made need to be made by the people that they are affecting to get the best results.

Keywords: Colleges; Dean of Students; Deans; Department chairs; Department heads; Results; University

Subjects: College administrators; College teachers.; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Faculty.; University of Kentucky

Partial Transcript: Since we're talking about, uh, administrative structure and budgeting and, and things of that nature, I don't know that I've asked you, uh, about this.

Segment Synopsis: Albright explains what problems may result if a university library system reports to an entity outside of the academic system of the institution.

Keywords: Candidates; Chancellors; Expenses; Libraries; Library; Professorship; Study; Undergraduates; William T. Young Library

Subjects: College administrators; College teachers.; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Faculty.; University of Kentucky

Partial Transcript: Well--(laughs)--this may be a little extreme, but I'll be biblical about it.

Segment Synopsis: This segment talks about how private universities are doing the least amount of research and the public universities like the University of Kentucky do the most amount of research but have a hard time making progress. It is important to include what the private universities are doing to have the best education provided to students. This segment also covers a huge part of the education systems, teachers. The teachers should be prepared to teach and not be told what they should teach. The teachers should have a say in what is taught and teach the subjects that are most useful to the students.

Keywords: Education systems; Finances; Government; Harvard University; Teachers; Teaching

Subjects: College administrators; College teachers.; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Faculty.; Universities and colleges--Finance; University of Kentucky

Partial Transcript: In terms of the undergraduate education too, and here again UK is too big to seem like you could do it but...

Segment Synopsis: The interviewer wants A.D. Albright to elaborate on the importance of the ACT standardized test and if it shows the correct amount of knowledge, ambition, and character of the student. Albright talks about how the university needs to look for those qualities rather than looking for high ACT scores.

Keywords: ACT (test); Accrediting institutions; Changes; Debt; Library; Obsolescence; Obsolete; Standardized tests; Undergraduate education; Undergraduates

Subjects: College applications; College students.; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Admission; University of Kentucky

Partial Transcript: Well, uh, I think, uh--the mayor and I were talking the other day about next year...

Segment Synopsis: Albright talks about gathering high school seniors and current UK students to talk about their educational experiences and what they want from the university.

Keywords: Academics; Advising; Community service; Exit interviews; Faculty; High school seniors; Higher education

Subjects: College applications; College students.; Education, Higher--Kentucky; Universities and colleges--Administration.; Universities and colleges--Admission; University of Kentucky