New financial pain looms for UC students
UC, the jewel of the state’s higher-education system, has been one of the major casualties of the recession and the state’s financial crisis. In 2004, the governor signed an agreement with UC called the Higher Education Compact, which laid out the amount of funding the UC would receive for the next six years, providing for a 2.5 percent per year growth in total enrollments. But full funding as promised by the Compact has not come through since the 2007-08 state budget, despite rising costs and a growing student body.
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by Max Theiler, Capitol Weekly.
