You’ve heard it all before—the state’s financial situation is horrible. And as such, so is the university’s. As of July, they had a budget shortfall in the amount of $813 million. So, the expected cuts came …  unpaid furloughs, talk of paycuts, hiring freezes, fee hikes and to top it off, Chancellor Robert Birgeneau announced you won’t be able to stay out late in the libraries during finals anymore.

Luckily, the UC Board of Regents, beacon of fairness and fiscal responsibility, has been here to see us through this tough time. And in their meeting last month, the board approved an additional $500,000 to supplement exective pay at various campuses and also chose to create two new executive spots at UCSF.

Wait—what!?

read more »

Posted in: News
Tags:in light of the economic downturn, srsly?, UC Regents
Comments (1)
 Print This Post

Share and Enjoy:

• 
• 
• 
• 
• 
• 
•