Carolina Business Review
August 26, 2022
Season 32 Episode 2 | 26m 46sVideo has Closed Captions
Sarah House, Terik Tidwell, and special guest Kevin M. Guskiewicz
Sarah House, Terik Tidwell, and special guest Kevin M. Guskiewicz, Chancellor, UNC-Chapel Hill
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Carolina Business Review is a local public television program presented by PBS Charlotte
Carolina Business Review
August 26, 2022
Season 32 Episode 2 | 26m 46sVideo has Closed Captions
Sarah House, Terik Tidwell, and special guest Kevin M. Guskiewicz, Chancellor, UNC-Chapel Hill
Problems playing video? | Closed Captioning Feedback
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Providing Support for PBS.org
Learn Moreabout PBS online sponsorshipMAJOR SUPPORT FOR CAROLINA BUSINESS REVIEW PROVIDED BY CONEY HILL LIFE, PROVIDING BENEFITS TO EMPLOYEES TO HELP THEM PROTECT THEIR FINANCES AND THEIR FUTURES.
HIGH POINT UNIVERSITY, THE PREMIER LIFE SKILLS UNIVERSITY, FOCUSED ON PREPARING STUDENTS FOR THE WORLD AS IT IS GOING TO BE.
AND A GLOBAL MANUFACTURER OF CONSUMER AND PACKAGING PRODUCTS AND PROVIDER OF PACKAGING SERVICES WITH MORE THAN 300 OPERATIONS IN 35 COUNTRIES.
>> SCHOOL IS BACK IN SESSION AN THE SUMMER IS OVER, OR AT LEAST WINDING DOWN I'M CHRIS WILLIAM, WELCOME TO THE LONGEST RUNNING PROGRAM ON BUSINESS POLICY AND PUBLIC AFFAIRS SEED EACH WEEK ACROSS CAROLINA FOR 40 YEARS BU THANK YOU FOR SUPPORTING THIS.
WE WILL UNPACK WHAT THE FALL MA LOOK LIKE FOR ALL OF OUR COMMUNITIES, INFLATION, STUDENT DEBT FORGIVENESS, WHAT ABOUT A PROCESSION, ET CETERA, ET CETERA .
AND LATER ON OF THIS PROGRAM, H IS THE NEW CHANCELLOR AT THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.
HE JOINS US AND WE WILL START RIGHT NOW.
OR ON THIS ADDITION OF CAROLINA IS THIS REVIEW, SARAH HOUSE FROM WELLS FARGO, NCI ENTREPRENEURSHIP COUNCIL COUNSEL , AND SPECIAL GUESTS, KEVIN GUSKIEWICZ, CHANCELLOR OF UNC CHAPEL HILL.
>> HAPPY FALL.
SCHOOL IS BACK IN SESSION OR CLOSE ENOUGH.
WELCOME TO THE PROGRAM.
SARAH, LET US START WITH YOU TH MINISTRATION JUST PULLED OUT WHAT HAD BEEN THREATENED FOR A WHILE AND THAT IS THIS IDEA OF REDUCING OR FORGIVING STUDENT THAT HE OR SURE ENOUGH, THERE I NOW A PLAN IN PLACE FOR UP TO $20,000 IF YOU ARE A PELL GRANT RECIPIENT AND $10,000 FOR ALL OTHERS.
LET'S FRAME THIS.
WHAT IS THE COST BENEFIT OF JUS WIPING OUT MAY MAYBE HUNDREDS O MILLIONS OF STUDENT THAT.
>> FIRST AND FOREMOST, THERE'S STILL A LOT OF UNCERTAINTY AROUND THAT HOWDMUCH FAT WILL ACTUALLY BE ABLE TO TAKE HOLD O A AND NOT JUST THE MECHANICS SIDE AS YOU LOOK OUT AROUND IT.
NO QUESTION ABOUT THAT.
[INDISCERNIBLE] IF YOU HAVE SOME SORT OF'S LOAN DEBT IN YOUR BALANCES BETWEEN 2 E- $25,000, THERE ARE INCOME LIMITS TO WHO IS ELIGIBLE FOR THAT.
A LOT OF BORROWERS, LOW INCOME BORROWERS, BOWERS WHO DIDN'T FINISH COLLEGE, THIS COULD BE RELIEF THAT HELPS THEIR BALANCE SHE AROUND THEM.
SO FROM THAT PERSPECTIVE, THAT COULD BE BENEFICIAL FROM THAT STANDPOINT.
THE MORATORIUM IS NOW SET TO AN IN DECEMBER.
THAT COULD HELP EASE THAT SPENDING FROM THE MORATORIUM AN IMPAIRED.
>> LET ME FOLLOW-UP AND I WILL GIVE YOU A CHANCE TO WEIGH IN O THAT.
IS THE FORGIVENESS OF DEBT STRICTLY BY THE NUMBERS?
IS IT INFLATIONARY OR DEFLATIONARY?
>> I THINK WHAT WE ARE LOOKING AT IS PROBABLY, AGAIN, IT IS AN ACTIVE DEBT IS HAS BEEN LAID OUT .
I THINK IT'S PROBABLY GOING TO BE MODESTLY INFLATIONARY WHERE HOUSEHOLDS THAT HAVE NO MONEY T SPEND ON CURRENT THINGS -- [INDISCERNIBLE] THERE'S NOT JUST FORGIVENESS, BUT THERE'S TALK OF DISCRETIONARY INCOME UNDER THE PAYMENT PLAN.
THERE'S THIS MONEY TO BE SPENT IN OTHER AREAS OF THE ECONOMY AND I THINK IT IS INFLATIONARY.
8.5% INFLATION, NOT SURE FOR GOING TO CHANGE THE TRAJECTORY OF INFLATION.
>> WHEN YOU FACTOR IN HOW SERIOUS IT'S DESCRIBED STATISTICALLY AND ALMOST ACADEMICALLY, AS WE ALL KNOW, THE OPPOSITION BORN-AGAIN THIS TYPE OF RESISTANCE, IS THIS GOING TO BE A GOOD THING?
I'M TALKING ABOUT STUDENT DEBT FORGIVENESS?
>> IS DEFINITELY GOING TO BE A GOOD THING.
ONE OF THE THINGS THAT IS PLAYING OUT, REALLY FOLKS -- ONE OF THE FACTORS HAS BEEN STUDENT AT CLEC AT LOW INCOME ENTREPRENEURS, THE ABILITY TO LAUNCH A BUSINESS BECAUSE THE FACT THAT THEY HAVE A DEBT, THI IS GOING TO HAVE A NET POSITIVE WITH MORE FOLKS WHO ARE LOOKING TO LAUNCH BUSINESS AND CREATE ADDITIONAL TAX REVENUE FOR THOS IN THE ECONOMY.
IT'S GOING TO HAVE A DIFFERENT APP IMPACT AS YOU WANT YOUR BUSINESSES.
>> I KNOW THAT YOU ARE NOT INSENSITIVE A MAN PUTTING WORDS IN YOUR MOUTH.
OR HOW DO YOU ANSWER CRITICS WH SAY I SHOULD'VE WAITED SIX MORE MONTHS AND I COULD'VE WIPED OUT MY DEBT BIAS THIS NOT FAIR WHEN I HAVE PAID MY DEBT THE REPORT TO THE G.I.
BILL AND GAVE MY SERVICES TO THE COUNTRY.
HOW ARE ALL THESE ARGUMENTS AGAINST THE IDEA, DO THEY CARRY WEIGHT?
IS THERE SOME SEMBLANCE OF AN ARGUMENT AGAINST IT QUICK.
>> DEFINITELY.
THERE'S SOME ADJUSTMENT SEE ON BOTH SIDES RELATED TO -- I PAID MY DEBT AND YOU SHOULD PAY YOURS.
OR THE MATTER IS JUST FIND OUT WHAT IS THERE AND WHAT IS JUST.
I THINK THAT IS GOING TO BE THE HARDEST PART, FIND OUT WHAT IS FAIR AND JUST PAY HER LIST -- MORTGAGES OF HOMES, -- THAT MAY SUPPORT THOSE DIFFEREN FOLKS FROM THOSE PERSPECTIVES.
>> LET'S LOOK AT THE BROADER ECONOMY, NOT SURPRISING HERE WE ARE NOT JUST JACKSON HOLE BUT WHAT IS GOING TO BE DOING ABOUT INFLATION.
LOOK AT THE CAROLINAS.
WHEN YOU LOOK AT THE UNITED STATES, WHAT IS YOUR BIGGEST CONCERN?
IS IT INFLATION, RISING INTERES RATES?
WHAT YOU LOOK AT AND SAY THIS I REALLY THE THING THAT WE SHOULD BE WATCHING.
>> WE ARE STILL SEEING PRICES RISE.
IT IS MAKING IT HARD ON HOUSEHOLDS AND BUSINESSES TO PLAN AND THEIR SPENDING TIME ON THEIR PURCHASING DECISIONS AND DO I MAKE THIS INVESTMENT AM I GOING TO GET THE RETURN IF I'M NOT GOING TO BE ABLE TO NECESSARILY PASS ON MY COST AS MUCH.
THERE'S THE MATTER OF WHERE CAN I AFFORD TO BUY THIS.
I THINK THAT IS A HUGE ISSUE FO THE ECONOMY AND IT IS THE NUMBE ONE FOCUS.
THEY DO TRY TO WEIGH THAT IN SO YOU'VE GOT STABILITY WHERE YOU CAN AND GROW.
>> WHAT YOU THINK?
>> THERE IS A LOT OF FOLKS WHO ARE LOOKING EVEN FROM THE INVESTMENT PERSPECTIVE TO RESTARTING TO SEE INVESTORS PULLED BACK.
MEANS THEIR ABILITY IS ACTUALLY BECOMING ABOUT THAT LOWER.
FOLKS ARE THINKING ABOUT I'M STARTING A BUSINESS.
IN MY GOING TO HAVE ACCESS TO CAPITAL.
THIS IS HURTING FOLKS.
THE THING ABOUT INVESTMENTS, YO ARE LOOKING AT THE RETURN, THE OPPORTUNITY AND HOW LONG YOU WANT TO TAKE BEFORE YOU GET THA RETURN.
THIS IS GOING TO BE MUCH MORE MITIGATED WITH INFLATIONARY COSTS PIERCE.
>> IN YOUR WORLD, YOU KNOW SOMETHING ABOUT INNOVATION, BUT OTHER THINGS ARE YOU SEEING INVESTORS AND I'M USING THAT TERM BROADLY.
ARGUE SEEM FOLKS THAT ARE BUILDING BUSINESSES THAT INVESTING IN BUSINESSES, ARE THEY BECOMING -- ARE THEY GETTING CAPPED AT THIS POINT?
>> YOU ARE ALWAYS GOING TO BE INVESTING IN CAPITAL.
YOU MAY NEED TO EXTEND YOUR FRIEND WAY.
IF YOU'RE LOOKING TO HAVE AN S WITH YOUR BUSINESS AND SAY WERE GOING TO MAKE A SALE IN THE NEX YEAR, WE WANT TO MAKE SURE THAT OUR INVESTORS ARE GOING TO GET THEIR RETURN BASED ON THAT TYPE OF.
IT'S IMPACTING EVERYONE.
>> JUST A REMINDER I HEARD A NOTIFICATION SCREEN, HOW COULD YOU NOT HEAR THAT NOTIFICATION.
OR YOU HAVE A HITS IT ON YOUR COMPUTER, MAKE SURE YOU SILENCE IT IT IT IS A LITTLE OVERBEARING .
LET ME COME BACK TO HOUSING AND COMMERCIAL REAL ESTATE.
BOTH OF THESE LOOM VERY LARGE I THIS ECONOMY AND ALL OF IT, IF YOU OWN A HOME, IT WOULD BE HARD-PRESSED TO THINK THAT YOU HAVE NOT AT LEAST HAD IT SOMEWHERE IN SOME MARKET MARKET.
>> SPEAKING TO REAL ESTATE PEOPLE ABOUT URBAN CORE VACANCY RATES, THEY ARE CLIMBING AND I KNOW SPECIFICALLY IN CHARLOTTE BECAUSE I JUST RECENTLY HAD ALIGNED WITH THE COMMERCIAL REA ESTATE PERSON WHO SET UP TEN VACANCY RATE IN CAROLINA'S LARGEST CITY WAS AROUND 20% AND HE WENT ON TO SAY, YES, BUT THE WHISPER RATE IS ABOUT 40%.
AHEAD TO ASK HIM TO REPEAT THAT WHAT THAT MEANS OF A NOT TRYING TO PUT WORDS IN YOUR MOUTH.
THAT IS WHAT PEOPLE ARE AFRAID OF BECAUSE NOT JUST IS THE CURRENT VACANCY RATE HIGH, BUT WITH WHATEVER THE NEW WORKING MODEL IS AND WHATEVER THE NEW CAPACITY OF BUILDING AND EVOLVING SEES THAT A THE VACANC RATE COULD BE MUCH HIGHER THAN WHAT THE CURRENT POSTED RATES.
DO YOU AGREE WITH THAT AND, NUMBER TWO, WHAT IS THE PRESS FOR THOSE TYPE OF HIGH VACANCY RATES?
>> WELL, IF YOU LOOK AT THE DUCTWORK BAROMETERS AND LOOK AT THE NUMBER OF JOBSITES THAT WE ARE SEEING AN OFFICE SPACE, IT' LESS THAN 50% VAN BEFORE COVID.
IF YOU LOOK AT THE MODEL, PEOPL DON'T NECESSARILY NEED THAT AMOUNT OF SPACE THEY CAN SHARE SOME OF THAT SPACE, DEPENDING O WHERE THEY ARE COMING IN.
WE HAVE SEEN THIS CONTINUE TO RISE AND THAT IS BECAUSE WE DO HAVE A LOT OF BUSINESSES REMOVING THEIR FOOTPRINT AND OFFICES COME BACK, YOU DO HAVE THE LONGER-TERM DRIVE SINCE THE PANDEMIC EVEN DURING THE WORST OF THE PANDEMIC -- THAT'S GOOD TO KEEP THE VACANCY RATE ELEVATED HIRE AND WE HAVE LOT OF NEW OFFICE CONSTRUCTION.
>> ANOTHER THERE'S A LOT OF THINGS WE HAVE ABOUT 20 SECONDS.
HOW LONG WOULD IT TAKE TO HAVE THAT TYPE OF VACANCY RATE ABSORBED IN ANY MARKET.
NOT JUST CHARLOTTE BUT ANY URBA CORE?
>> IN MANY WAYS THIS IS KIND OF UNTESTED AS FAR AS THE LONG-TER BENEFITS.
THERE'S A LOT OF PUSH PERMIT FROM WORKERS TO WORKERS DON'T HAVE A SPORTS SITE AND BUSINESSES MIGHT HAVE MORE POLLING YOU MIGHT SEE MORE OFFICE SPACE.
THAT IS THE DIRECTION WE WANT T GO.
>> UP AT GUESS THAT IS NATIONALLY RECOGNIZED REPORT ON CONCUSSIONS.
REMEMBER THE MOVIE WITH BILL SMITH ABOUT CONCUSSIONS.
THAT IS NOT WHY OUR GUEST IS HERE.
HOWEVER, THE TRAINING MIGHT COM IN HAPPEN.
THE CHANCELLOR, WE ARE GLAD TO HAVE THE HONORABLE KEVIN GUSKIEWICZ WITH US FOR THINK YOU'RE JOINING US.
>> SO HERE WE ARE, THE BEGINNIN OF A NEW ACADEMIC SEASON IT SEEMS THAT THE NEW SEASON IS NO POST PANDEMIC.
DO YOU FEEL LIKE IT IS NORMAL?
WHAT DOES NORMAL LOOK LIKE NOW ON A COLLEGE CAMPUS?
>> IT IS A LOT CLOSER TO NORMAL THEN THE LAST FEW YEARS.
WERE STARTING THIS SEMESTER IN AN EXCITING PLAYS THAN WHERE WE HAVE BEEN THE LAST FEW YEARS WE'VE LEARNED A LOT FROM THIS EXPERIENCE ABOUT IMPERSONAL LEARNING AND RESEARCH.
WE HAD TO ADAPT AND I THINK THA IS PART OF WHAT A UNIVERSITY DOES.
IT TEACHES SOCIETY HOW TO ADAPT.
I'M PROUD OF WHERE WE ARE UP YOUR WE LEARNED A LOT OVER THE PAST TWO YEARS AND WE CAME OUT OF THIS EXPERIENCE STRONGER AND MORE PERSONALLY AND.
>> DO YOU GET THE SENSE THAT TH MORALE IS WHERE WAS TWO YEARS AGO?
>> IT IS EVEN BETTER.
IT IS BUT WE HAVE BEEN CRAVING.
WE'VE GOT IT WELL HERE.
A LOT OF SMILING FACES ON CAMPU AND A LOT OF HAPPY PEOPLE MAKIN UP FOR SOME LOST TIME.
I SPEND A LOT OF TIME ON CAMPUS OVER THE LAST 2-3 WEEKS.
LAST YEAR'S SENIOR CLASS, AND I HAD A SON IN THAT CLASS, ABOUT HALF OF THEIR COLLEGE EXPERIENCE , AT LEAST IN THE NORMAL WEIGHT THAT IT SHOULD HAVE BEEN SO I'M REASSURING EVERYBODY THAT WE ARE GOING TO MAKE UP FOR LOST TIME AND IT IS GOING TO BE A GREAT YEAR.
>> GREAT TO HAVE YOU, CHANCELLOR .
I'M CURIOUS WITH SO MUCH HAPPENING IN HIGHER EDUCATION, COST AFFORDABILITY, HOW CAN YOU MAKE THEIR EDUCATION MORE AFFORDABLE?
>> WHEN THE I'M EXCITED ABOUT I WE HAVE BEEN -- WE HAVE HAD FLAT TUITION FOR SI CONSECUTIVE YEARS.
MY GUESS IS WE WILL HAVE A FLAT TUITION AGAIN THIS COMING YEAR PAPERWORK AND SOME OF THOSE DECISIONS ALONGSIDE OUR COLLEAGUES AND BOARD OF GOVERNORS OVER THE NEXT SEVERAL MONTHS.
WE ARE OVER FOR TWO DECADES BEE FRANK DOES BEST VALUE AMONG PUBLIC ACROSS THE COUNTRY AND CAROLINE.
WE ARE VERY PROUD OF THAT WE'VE DONE OUR BEST TO KEEP STUDENT FEES AS LOW AS POSSIBLE WE ARE CERTAINLY ENTERING IT.
NOT FOR WE WILL SEE THE EFFECTS OF INFLATION, UNPRECEDENTED INFLATION THAT WE'VE SEEN OVER THE LAST TWO QUARTERS OR WHAT THE IMPACT OF THAT MAY HAVE.
BUT WE ARE COMMITTED AS PART OF THE CHARTER WITH CAROLINA TO PROVIDE THE QUALITY, HIGH-QUALITY EDUCATION AND MAKE IT AS AFFORDABLE AS POSSIBLE TH PROGRAM ALLOWS STUDENTS TO GRADUATE FROM CAROLINA AND IS A INCREDIBLE PROGRAM, NEARLY 20% COMPLETE THAT COVENANT PROGRAM.
THESE ARE FIRST-GENERATION FIRS GENERATION STUDENTS, STUDENTS WHO COME WITH MEDIAN INCOMES OF LESS THAN $30,000 FOR A FAMILY OF FOUR AND THEY GRADUATE DEBT-FREE.
WE ARE PROUD OF THAT ALLOWS US TO RAISE MONEY TO HELP ENSURE THAT AFFORDABILITY.
>> TOUCH TOUCHUP THIS WITH ME.
WE'VE BEEN TALKING ABOUT THE INFLATION ENVIRONMENT AND THERE'S TALK ABOUT SUPPLY CHAIN.
EVEN A SERVICE PROVIDER LIKE YO GUYS HAS FACTORED INTO THE INPU COST.
CAN YOU TALK A LITTLE BIT ABOUT HOW YOUR INPUT COSTS HAVE COME UP AND HELP INFLATIONARY -- >> WE ARE WORRIED ABOUT IT THAT'S WHY I MENTIONED WITH STUDENT FEES, WE WILL BE REEVALUATING THE COST OF DOING BUSINESS.
SOLD THOSE SERVICES THAT WE PROVIDE, WHETHER THAT IS THE STUDENT HEALTH TEAM OR SERVICES IN OUR RECREATION FACILITIES OR CLUBS AND ORGANIZATIONS, THAT INCREASE IN COST FROM THIS EXPENSE GOES TO SOMEONE AND WE ARE DOING THE BEST WE CAN TO KEEP THE FEES LOW.
AGAIN, WE ARE DOING EVERYTHING THAT WE CANNOT WE ARE VERY FORTUNATE TO BE COMING DOWN THE HOME STRETCH OF A VERY IMPORTAN ASPECT IN THE CAMPAIGN.
POST AWAY $5 BILLION GOAL.
WE ARE RACING A BILLION DOLLARS TOWARD STUDENT AID SCHOLARSHIP BUT WE ARE GOING TO HAVE TO MAK SOME ADJUSTMENTS DOWNSTREAM.
>> CHANCELLOR, YOU TALKED ABOUT STUDENT DEBT.
YOUR A LOT TO BE PROUD OF, THE BEST VALUE AT MONEY MAGAZINE AN YOU CHAPEL HILL WAS RANKED NUMBER TWO.
STUDENT DEBT, OBVIOUSLY THE BIDEN MINISTRATION HAS RELEASED THIS IDEA OF STUDENT LOAN FORGIVENESS, JUST STRAIGHT UP, HOW DO YOU FEEL AS A PARENT WHO HAD KIDS IN THE SYSTEM.
SHOULD WE BE CANCELING STUDENT THAT?
IS THERE ANOTHER WAY TO THINK ABOUT THIS?
SHOULD BE A LARGER AMOUNT OF DEBT?
HOW DOES THIS FLUSH OUT FOR YOU?
>> I THINK SOMETHING NEEDS TO B DONE AND I CAME OUT EARLIER THI WEEK AND I THINK IT WAS A MIDDL ROAD APPROACH.
WE WILL SEE WHERE THE DOWNSTREA IS AND THOSE DOLLARS ADD UP TO LOT AND I DO THINK THAT WE WILL HAVE TO LOOK AT THAT.
WE HAVE TWO PUBLIC INSTITUTIONS THAN THE COUNTRIES THAT ARE FULLY BLINDED THE ADMISSIONS PROCESS.
WE ADMIT OUR STUDENTS AND THEN WE FIGURE OUT HOW TO GET THEM HERE.
WE LEARN AFTER THE FACT AFTER T COME WHAT SORT OF FINANCIAL SUPPORT THEY NEED.
AND OUR HOPE IS WE CONTINUE TO DO THAT BUT I THINK THIS POTENTIALLY WILL CHALLENGE THAT AT MANY UNIVERSITIES.
>> I'M GOOD TO CHANGE THE CONVERSATION A LITTLE BIT UNIVERSITIES HAVE BEEN ENGINES FOR INNOVATION AND ENTREPRENEURSHIP.
IF YOU LOOK AT THE FOUNDATION AND THE ACT, HOW SHOULD THE UNIVERSITY POSITION THEMSELVES TO ENABLE MORE ENTREPRENEURSHIP IN THEIR COMMUNITY?
>> THIS IS SOMETHING THAT WE AR REALLY PROUD OF IN MARCH OF 202 COMEAU WE LAUNCHED CAROLINA ECONOMIC DEVELOPMENT STRATEGY.
IT EXCESS OR OF A CATALYST TO ATTRACT AND GROW MORE INNOVATIO AND TALENT HERE TO CHAPEL HILL AND TO OUR CAMPUS.
WE'VE GOT WORLD-CLASS RESEARCHERS.
$122 BILLION THIS PAST YEAR ALONE AND RESEARCH AND THE INDUSTRIES WANT TO BE CLOSE ON CAMPUSES TO TRY TO LEARN FROM ONE ANOTHER AND TO HELP COMMERCIALIZE THAT RESEARCH.
SO WE RECOGNIZE OUR ROLE AS THE LARGEST EMPLOYER AND WORK WITH OUR ALUMNI AND RESEARCH PARTNERS .
I'VE GOT AN ECONOMIC DEVELOPMEN COUNCIL AND WE HAVE AN INNOVATION HUB THAT WILL CONNEC THE DOWNTOWN OF OUR CAMPUS AND LOT OF OUR WORK IS IN THE BIOMEDICAL AREA.
SOME OF THAT HAS COME FROM MEDICAL RESEARCH AND IT SHOULD EXTEND RIGHT OVER TO THE MEDICA SCHOOL.
REHAB -- I AM EXCITED ABOUT IT AND IT IS THE RESPONSIBILITY AT UNC CHAPE HILL TO BE THE ANCHOR INSTITUTION FOR DRIVING THE ECONOMY AND WE WILL DO IT.
>> A QUESTION I HAVE, YOU'RE LOOKING AT A HIGH LABOR MARKET.
SUPPORT YOU HEARING FROM EMPLOYERS THAT YOU WORK WITH IN TERMS OF WHAT YOU'RE LOOKING FO FROM THE PIPELINE.
ONE OF THE THINGS THAT YOU HEARING FROM EMPLOYERS THAT YOU'RE TRYING TO GET YOUR STUDENTS READY FOR?
>> RIGHT NOW WE ARE IN THE PROCESS OF REIMAGINING OUR CAREER SERVICES DIVISION.
JUST TRY TO BETTER UNDERSTAND THE LABOR MARKET, INTERNSHIPS HAVE BECOME SO IMPORTANT RIGHT NOW.
WE ARE ABOUT 19 COME ALMOST 20,000 UNDERGRADUATES NOW AND M GOAL IS THE VAST MAJORITY OF THOSE 20,000 STUDENTS GET AN INTERNSHIP EXPERIENCE.
THAT IS WHERE YOU SEE THOSE CAREER PATH OPTIONS.
WE ARE WORKING CAREER SERVICES AND I ALSO WANT TO EMPHASIZE WE ARE TRYING TO -- SO IT IS UPWARD MOBILITY FOR NE CAREER OPTIONS AS PART OF OUR TOP PRIORITIES BUT ALSO OPPORTUNITIES FOR UPWARD MOBILITY OF OUR STAFF HERE.
CAROLINA IS AN INDUSTRY THAT IS COMING IN AND THERE'S A LOT OF OPPORTUNITY OUT THERE TO BE ON OUR CAMPUS WE'VE GOT ABOUT TWO MINUTES LEFT.
I KNOW SOMEWHERE IN THE DESCRIPTION OF WHAT THE CHANCELLOR'S JOB IS IS PROBABLY THAT POLITICAL TRAFFIC COP BUT THAT IS A REALITY OF THE JOB.
IN CHAPEL HILL, THAT'S UNIQUE.
AS FAR AS THE PUBLIC AND HISTORIC UNIVERSITY, THAT IS PROBABLY RIGHT IN THE MIDDLE OF FROM VERY IDEOLOGICAL -- IDEOLOGICAL POLARIZATION.
YOU'VE GOT A FAIRLY LIBERAL SCHOOL IN GENERAL ASSEMBLY.
I'M NOT ASKING YOU TO TAKE SIDE BUT HOW DO YOU MANAGE THROUGH -- THERE'S A GROUP CALLED THE COALITION OF CAROLINA FOR THE FACULTY.
HOW DO YOU MANAGE A PUBLIC DIALOGUE ABOUT IDEOLOGICAL THINGS THAT IS FAIR TO BOTH SIDES AND TO MOVE FORWARD AT TH SCHOOL AND AS A ACADEMIC INSTITUTION EXPRESS HOW DO YOU DO THAT?
>> THIS IS A BOOK GREAT UNIVERSITIES DO OUR ROLE SHOULD NOT BE TO PROMOTE A POLITICAL AGENDA BUT TO PROMOTE ACADEMIC FREEDOM AND EXPRESSION MUST BE FRONT AND CENTER.
I'VE HAD A LOT OF CONVERSATIONS OVER THE PAST 5-6 WEEKS ABOUT THIS IN OUR LEADERSHIP TEAM DISCUSSES HOW PEOPLE FEEL THAT RESPONSIBILITY TO BE A PLACE WHERE THINGS ARE ARGUED AND TESTED AND REALLY EXPRESSED.
AT TIMES IT'S ALWAYS GOING TO B ABOUT HEALTHY TENSION ON THE CAMPUS AT A UNIVERSITY LIKE OURS .
WE DON'T SHY AWAY FROM CONTROVERSIAL TOPICS.
WE STUDIED THESE ISSUES.
BUT LIKE I SAID A FEW WEEKS AGO OUR BOARD OF TRUSTEES APPROVED RESOLUTION EMPHASIZING OUR UNIVERSITIES RESPECT FOR THE OBLIGATION TO CHEERS DIVERSITY IN THE VIEWPOINT.
THAT IS WHAT I SAID IS REAFFIRMING OUR COMMITMENT TO THIS WILL BE THAT PLACE THAT YO WILL HAVE CIVIL DISCOURSE.
AND I THINK I THINK IT HAS A REAL STRONG PRESENCE OF WILL MAKE A DIFFERENCE AS FAR AS POLICYMAKERS AND PROBABLY BRING SOME PEOPLE TO THE MIDDLE?
>> THANK YOU FOR JOINING US.
PLEASE COME BACK.
I KNOW THERE'S A LOT OF THINGS THAT WE CAN UNPACK.
A LOT WITH MATT BROWN AND THE FOOTBALL TEAM.
IT'S NOT A ROLLOVER.
>> THAT IS GOING TO BE A GREAT WEEKEND.
WE COME HOME WITH A WIN GOOD LUCK.
TO THANK YOU VERY MUCH.
GOOD TO SEE YOU.
PLEASE COME BACK.
SARAH, NICE TO HAVE YOU.
AND TELL NEXT WEEK, IM CHRIS WILLIAM.
>> MAJOR FUNDING PROVIDED BY:


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