University leader warns of more steep budget cuts
University of California President Mark Yudof warned Thursday that more budget cuts were in store for the 10-campus system when federal stimulus money runs out next year. Yudof predicted there would be about $600 million less to run one of the country’s largest university systems… Yudof said Californians must find a way to pay for higher education if they want to preserve the quality of state schools. He suggested higher taxes but did not elaborate. "It’s a question of being a great university or a crummy university," Yudof said. Democrats in the state Legislature have proposed taxing oil produced in California to raise money for higher education. But the idea has faced united opposition from Republican lawmakers.
Read full article [here].
by Samantha Young, The San Jose Mercury News.