A Medical School Could Change the Game

 

Institutions, like people, have defining moments. These are times when a decision reverberates in ways that only become clear decades later. The University of Texas has had these moments before, and it is about to have one again with the possible creation of a cutting-edge medical school.

During the University’s 129-year history, the Texas Exes has watched for, encouraged, promoted, (and sometimes warded off ) defining moments. As an organization that exists to champion UT-Austin and help it reach its constitutional mandate, we are wholly invested in acting when these opportunities arise.

We have been hearing about a medical school in Austin for years. But for economic and political reasons, it has only recently emerged as a real possibility. Now there is some serious momentum.

In May, our UT System Board of Regents made a far-sighted investment in our flagship campus, committing $30 million a year for eight years, then $25 million in perpetuity, toward an Austin medical school. The Seton family of hospitals also committed $250 million to build a state-of-the-art teaching hospital. And the medical school is part of a broader effort to improve health in Central Texas that’s ably led by state Sen. Kirk Watson, with wide support from a coalition of community groups and civic organizations.

Creating a leading medical school as part of UT-Austin would be a defining moment in our history. It would lead to a teaching and learning revolution across campus, from disciplines as varied as kinesiology, nursing, pharmacy, and biomedical engineering. Central Texas’ burgeoning biotech industry could explode as new opportunities emerge for taking research to the bedside and commercializing treatments and devices. Conservative estimates suggest a medical school would bring 15,000 new jobs and $2 billion a year in economic activity to the region and state.

Of the nation’s top 15 public universities, UT-Austin is one of just four without a medical school. Building one could give our alma mater one of the final assets needed to catch and even pull ahead of our competitor schools.

For these reasons, the Texas Exes Board of Directors has unanimously resolved to support the creation of a first-class medical school at UT-Austin. It is, we believe, a rare opportunity for our school to leap far ahead. Its full implications cannot yet be measured, but we support it wholeheartedly.

The last piece of the medical-school puzzle will likely rest with Travis County citizens in the form of a ballot initiative. When and if this does come to pass, we want you to support it.

While the next critical element of this process is up to the citizens of Travis County, this is a statewide opportunity. As a resident of Houston, I and thousands of other Exes in the area understand, support, and promote our health-science center here, as San Antonio- and Dallas-area alumni do for their health-science schools.

Read the September|October issue of The Alcalde for full details about the potential medical school, and be on the lookout for communications from the Texas Exes in the coming weeks.

John Beckworth is the president of the Texas Exes.

Photo courtesy Jasleen Kaur on Flickr.

 

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2 Comments

  1. Allen Boger says:

    We do not need an additionally tax. If this medical school is such a great deal economically for Travis county then figure a way to do it without a new tax. Will it not increase property values and hence property taxes? How about a UT Ex income tax?

    Austin can not keep up with its current growth. Adding a medical school will make it worse. As a citizen of Travis county I see this as diminishing the quality of life in Austin. Sometime soon their will be proposed tax increases to fund infrastructure enhancements to support current growth.

    UT System has adequate and perhaps under utilized medical schools now. Let’s us support them!

    Allen Boger
    UT Ex, Life Member
    Citizen of Travis County

  2. Nick Cocavessis says:

    I am a firm believer in philanthropy. Those who wish, and can afford to do so, should help fellow man. I went to UT Austin for graduate school in 1976 and since graduating have accomplished much of what one would hope for. I am in eternal gratitude to the university and to the citizens of Texas who made it possible for me to receive the best education possible and in the process to elevate my self esteem. My two children also graduated from the university.

    I am not a wealthy man yet I give to the university as much as I can. I have hired many UT grads and have encouraged them to do the same. I believe that in this case those who similarly benefited from the education they received, particularly those in the medical profession, should stand up, regardless of their current place of employment and chip in. We know that after all the hard work physicians have to endure prior to graduating, rewards are generally beyond 90% of those who chose other careers. And please don’t debate this, it is a fact.

    As for those who feel that a tax is detrimental, an undeserved and undereducated population is worse. And as for those that think that UT should do more for minorities and less fortunate, please look at the political, and legal, realities.

    I challenge former UT graduates and current physicians to match what I give to UT each year.

    Regards,

    Nick Cocavessis
    MSCE 1978
    Houston LM

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