UC regents panel recommends major budget cuts

"Disinvesting in the University of California is like eating our seed corn," astronomy Professor Sandra Faber of UC Santa Cruz told the regents. "The university is the most powerful economic engine in the state," but its future is in jeopardy because UC is already having trouble attracting and retaining the top-flight academics the university depends on, she said. One after another, UC’s 10 campus chancellors told the regents about brilliant professors being lured away by more lucrative salaries from other prestigious universities, while they’ve been forced to lay off or eliminate the positions of hundreds of employees.

Read full article [here].
by Nanette Asimov, The San Francisco Chronicle.

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