UC Merced, the youngest and smallest of UC’s nine undergraduate campuses, opened in 2005. But its growth has been hampered by the UC system’s financial problems since the recession. The regents were once again sympathetic to Merced’s expansion goals, as they were during a previous discussion in March. Still, several on the board reiterated their concerns about paying for the expansion mainly through bonds and dorm fees, since it’s unlikely the estimated $1 billion needed would be available through direct funding from state taxes. They also said they were concerned about UC Merced’s idea to hire one master developer to oversee the project’s construction. UC Merced Chancellor Dorothy Leland said the campus needs to grow to 10,000 students, in part, so the school can gain the necessary revenue to wean itself off subsidies from the UC system that more established colleges do not receive.

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by Larry Gordon, The Los Angeles Times.

Posted: July 21st, 2015, by: admin. Categories: . Awaiting Comments.