Derek Wallbank, who works for Congressional Quarterly, has an interesting blog post about Michigan State University’s lobbying spending, and its payoff.
In his post, Wallbank, who left the Lansing State Journal last year to work in the nation’s capital, notes that The Chronicle for Higher Learning has documented MSU spent $370,000 lobbying the feds for cash.
The institutions pay off? The Chronicle says $4 million in earmarks. But Wallbank does a fine job showing that the actual return on investment was more than $19 million.
How does he get that number? First, he notes Congressman Mike Rogers (R-Brighton) earmarks of $10 million for MSU in the last budget. Then he notes that in accepting federal stimulus cash, Gov. Jennifer Granholm was forced to keep higher education funding static. She had proposed a three percent cut to higher ed funding, a total of about $9.1 million in state funding for the Spartans.