Blum donated heavily to the political campaigns of California Governor Gray Davis, amounting to at least $75,000 in a two-year period beginning in about 2000. As a result, Davis, following his “pay to play” politics, appointed Blum to be a member of the University of California Board of Regents… Blum led the Board while it raised tuition for university students again and again, increases that amounted to 32 percent in one year. Students have had to take out massive loans to attend school… As students were priced out of an expensive public university system, the inferior, privately operated correspondence type diploma mills where Blum had major investments became increasingly attractive.

Read full article [here].
by Laurence H. Shoup, Z Magazine.

Posted: December 21st, 2011, by: admin. Categories: . Awaiting Comments.