Posts Tagged ‘Finance’

International Student and Faculty Issues, led by Alenka Hafner

TaMIS held a discussion on the unique challenges faced by international students and faculty, particularly regarding visas, funding, and accessing resources. The conversation also explored intersectional issues related to harassment, finances, and cultural barriers. This discussion highlighted the need for a more inclusive, supportive environment for international students and faculty, with an emphasis on improving access to resources, and fostering community.

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Financial barriers in STEM, led by Isaac Dopp

In February, we held a discussion focused on financial challenges in academia, specifically how they affect students and faculty and how the situation could be improved in STEM research. Students and faculty from Penn State shared insights on research costs, graduate student stipends, and faculty salaries, and graduate student unions. This discussion highlighted the need for greater transparency, equity, and support in compensation practices, as well as the importance of financial stability in fostering a more diverse and inclusive academic environment.

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Financial and access barriers to equity and inclusion, led by Alenka Hafner

Despite increasing conversations around diversity and inclusion, academia still struggles with financial and structural barriers that disproportionately affect underrepresented minorities (URM). Disparities in hiring, retention, and resource allocation, compounded by rigid tenure systems, hinder the development of a truly equitable academic environment. This ongoing issue disproportionately affects Blacks, Hispanics, American Indians, Alaska Natives, Native Hawaiians, women, and those from low socio-economic backgrounds—often referred to as the “Missing Millions.” These groups face unique challenges, such as higher educational debt, greater family obligations, limited intergenerational wealth, and, more recently, disproportionate impacts from the COVID-19 pandemic. Together, these factors create significant barriers to hiring, retention, and success in academia, particularly in STEM fields.

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