It took a noisy protest Tuesday for elected officials at the Yuba Community College District to realize that a $30,000 pay raise for the district’s chancellor might not be the best idea when classes and jobs are being cut across the district… Speakers at Tuesday’s demonstration didn’t question Harrington’s accomplishments but said the elected board had erred by giving her a raise when everyone else was feeling the pain of budget cuts.
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by Hudson Sangree, The Sacramento Bee.
Posted: February 3rd, 2010, by: admin. Categories: . Awaiting Comments.
In California, unprecedented budget cuts to higher education have led to huge fee increases at the state’s two public university systems, as well as layoffs, furloughs, enrollment cuts and reduced course offerings. At the University of California, which has 10 campuses and about 220,000 students, in-state undergraduate fees in fall 2010 are set to reach $10,302
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by Conna Gordon Blankenship, The Los Angeles Times.
Posted: February 1st, 2010, by: admin. Categories: . Awaiting Comments.
To save the world-renowned University of California system from becoming as prosaic as Purdue
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by Peter Schrag, San Francisco Magazine.
Posted: February 1st, 2010, by: admin. Categories: . Awaiting Comments.
California’s budget crisis came into stark focus in the halls of Sacramento State last week, where many students returning for spring semester were turned away from classes they had hoped to get into, or strained from hallways to hear lectures in classes that had enrolled way more students than there were seats.
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by Laurel Rosenhall , The Sacramento Bee.
Posted: January 31st, 2010, by: admin. Categories: . Awaiting Comments.
"Pell grants function much like an entitlement," an administration official said Friday, "yet they are funded through an annual appropriations process that can fall behind actual demand for the grants." Making the grant an entitlement would take some battling for the president on Capitol Hill. Obama proposed the idea last year, but Congress never took it up. The president hopes his second attempt will "address the recurring shortfalls in the program once and for all," the official said. The president’s budget would make $34.8 billion in Pell Grant aid available. When he took office, $18.2 billion was available. The plan would benefit more than 8.7 million students, compared with 7.7 million in the current school year. In California, the number of students who qualify would jump by more than 45,900, thanks to an additional $3.9 billion in new aid. An estimated 961,400 students currently receive Pell funding in the state.
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by Christi Parsons, The Los Angeles Times.
Posted: January 30th, 2010, by: admin. Categories: . Awaiting Comments.
College endowments fell sharply for a second year in a row, raising doubts of a recovery any time soon, according to a new survey. American colleges and universities’ endowment funds fell 18.7% on average in the 2009 fiscal year, which ended on June 30 of last year, causing many schools to institute budget cuts and hiring freezes, take on increasing levels of debt and dip deeper into the so-called rainy day endowment funds to cover basic operating expenses.
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by Shelly Banjo, The Wall Street Journal.
Posted: January 28th, 2010, by: admin. Categories: . Awaiting Comments.
The nation’s college and university endowments, struggling with declining gifts and massive investment losses, suffered their worst year since the Great Depression, sustaining an average loss of 18.7% in the year ending June 30, 2009, according to a new study.
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by Louis Lavelle, Business Week.
Posted: January 28th, 2010, by: admin. Categories: . Awaiting Comments.
The University of California is widely heralded as the best public higher education system in the country. Its 10 campuses attract talented faculty and promising students, who pay a fraction of what they’d pay to attend a private university. Now, state budget woes have meant severe cutbacks at U.C. schools.
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by Madeleine Brand, National Public Radio.
Posted: January 27th, 2010, by: admin. Categories: . Awaiting Comments.
Regents said the incentive payments are appropriate but put the university administration in an awkward political position. "Our decision today is complex," regent Eddie Island said. "The complexity is in part driven by our knowledge that we have, in this budgetary regime, allowed layoffs. We’ve had to take aggressive positions in our union negotiations. We’ve had problems paying faculty and retaining faculty. All of that is making our decision on these incentives difficult." Island said it’s appropriate for regents to oversee compensation of UC employees whose salaries are paid by taxpayers. But he asked that decisions about compensation for medical center employees be directed to another body because their salaries don’t come from public funds
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by Laurel Rosenhall, The Sacramento Bee.
Posted: January 22nd, 2010, by: admin. Categories: . Awaiting Comments.
On Thursday, the University of California’s governing Board of Regents formally approved $3.1 million in incentive pay to 38 senior medical executives for meeting 2009 performance goals. The payouts range from $30,120 to $218,728. Not salaries
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by Bruce Maiman , The Sacramento Bee.
Posted: January 22nd, 2010, by: admin. Categories: . Awaiting Comments.
