While California universities have faced round after round of crippling budget cuts and protests against increased fees have flared on campuses, administrators have tapped funds meant for classrooms and students to cover some extraordinary costs: losses on ill-timed real estate deals, loans to high-ranking officials and an ambitious construction project. Experts say the moves, made without wide student knowledge or public oversight, show that administrators have put aggressive business plans ahead of the teaching mission. When things go wrong, they’re dipping into student fees, scholarship funds and money meant for classes to pick up the tab.

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by Jack Dolan, The Los Angeles Times.

Posted: April 4th, 2010, by: admin. Categories: . Awaiting Comments.