California's Crisis Hits Its Prized Universities
Now, even as California continues to pay its bills with IOUs, the University of California, the nation’s leading public university, is being forced to cut its budget by $813 million — or 20%. It is highly unlikely that these cuts will be reduced by a budget agreement in Sacramento. UC Berkeley, will see recruitment of faculty drop from the normal 100 positions a year to 10. At 28,000-student UC San Diego, ranked along with Berkeley and UCLA among the world’s top 20 research universities, recruitment has been halted. More than 300 UC scientists have issued a white paper warning Schwarzenegger that the sharp reduction endangers the 10-campus system’s position as the premier public university in the United States and could have a negative impact on California’s future economic growth.
Read full article [here].
by Kevin O'Leary, Time Magazine.
