The system’s deeper concerns are over ongoing state support and tuition revenues, which form the lion’s share of funding for system’s educational mission. UC Berkeley’s chancellor, Carol Christ, said she expects to experience “serious financial challenges” for the next three years. Already, the state budget has cut its support for UC’s core operations by 8 percent, or $301 million. If Congress approves another round of federal stimulus by Oct. 15, the state will rescind a portion or all of those cuts.

Read full article [here].
by Mikhail Zinshteyn, CalMatters.

Posted: August 3rd, 2020, by: admin. Categories: . Awaiting Comments.