Finance - January 24, 2014

Gov. Corbett announces guidebook on PA’s business and energy sectors

This week Governor Tom Corbett announced a resources guidebook that “markets Pennsylvania’s business and energy sectors and its government programs.” Corbett made the announcement at Pennsylvania College of Technology’s Earth Science Center in Williamsport; part of PA’s flourishing natural gas region.  Corbett relayed that the book will help attract investors to Pennsylvania and provide information on state resources and programs.  The book makes note of Pennsylvania’s competitive retail energy markets, ports that have the ability to export liquefied natural gas, and energy projects that have made use of old industrial sites.  The book also aided in identifying ways to take advantage of PA’s energy sources; including “supporting advancements in coal-pollution reduction technology,” working towards making natural gas vehicles commonplace, and “supporting efforts to provide natural gas to businesses and homes.” 


Edinboro University gets first approval to charge differing tuition rates

On Thursday the PA State System of Higher Education (PASSHE) approved a plan to allow Edinboro University to reduce out-of-state tuition.  The university had seen reduced enrollment as area students headed to Ohio colleges and other schools that sometimes had lower tuition.  The effort will help Edinboro, which sits not far from the Ohio border in western Pennsylvania, attract out of state students with lower tuition. Pennsylvania has seen declining numbers of high school students since 2010 and the approval of this plan is being closely monitored by other state schools with border campuses. The approval is the one of the first steps toward a broader plan to allow the universities the discretion to adjust tuition and fees depending on demand and cost.