With a seemingly long history of student fee hikes and executive compensation scandals, the UC system is now being audited by California’s Bureau of State Audits. The bureau approved Sen. Leland Yee’s (D-San Francisco) audit request, along with its scope and objectives, in Feb. 2010. The results will be made public when the investigation ceases, which is projected to occur in April 2011, said Margarita Fernandez, public affairs chief for the Bureau of State Audits… One of the main reasons for the audit request was to challenge the luxury and privileges awarded to UC executives. The system lacks transparency and accountability, and the top executives continue to receive raises while student fees are increasing, Keigwin said. If student fees are increasing, then executives should not be receiving wage increases.

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by Martha Georgis, The California Aggie.

Posted: February 1st, 2011, by: admin. Categories: . Awaiting Comments.