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The UC system is looking toward giving up some State funds. This, after raising tuition by 32% in a couple of years.
"How bad are things in California? The budget cuts and fiscal uncertainty are so severe that the University of California at Los Angeles's business school is proposing that it give up all state funding -- in return for greater budget flexibility and the right to raise out-of-state tuition to the levels of private institutions. The plan has been approved by UCLA, but is awaiting a review by Mark G. Yudof, president of the university system.
Leading public universities regularly complain about the decline in the shares of their budgets that come from the state, even as regulation has not lessened. But being willing to give up those funds altogether is rare. The University of Virginia's business school did so, but has very much been considered an outlier."
They need to go all the way. Sell the UC system and allow the universities to be privately owned--that would save the State a great deal of money--and I bet it would save the students money as well.
""The driver here is the decline in state support," said Judy D. Olian, dean of the Anderson School of Management at UCLA. She stressed that she did not view the shift as changing the business school's mission or its connection to the rest of UCLA or the UC system. At this point, she said, state support makes up only about 18 percent of the business school's $96 million annual budget, and she said that percentage overstates the contribution because much of the state support is tuition revenue that must go to the state first now before it is returned to the school. In a new model, that revenue would never leave the business school. In the end, the business school would truly lose less than $6 million a year, Olian said."
This sounds like a good time to cut the 18% and save California jobs and homes--this would cut part of the $40 billion deficit. What do you think?
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"How bad are things in California? The budget cuts and fiscal uncertainty are so severe that the University of California at Los Angeles's business school is proposing that it give up all state funding -- in return for greater budget flexibility and the right to raise out-of-state tuition to the levels of private institutions. The plan has been approved by UCLA, but is awaiting a review by Mark G. Yudof, president of the university system.
Leading public universities regularly complain about the decline in the shares of their budgets that come from the state, even as regulation has not lessened. But being willing to give up those funds altogether is rare. The University of Virginia's business school did so, but has very much been considered an outlier."
They need to go all the way. Sell the UC system and allow the universities to be privately owned--that would save the State a great deal of money--and I bet it would save the students money as well.
""The driver here is the decline in state support," said Judy D. Olian, dean of the Anderson School of Management at UCLA. She stressed that she did not view the shift as changing the business school's mission or its connection to the rest of UCLA or the UC system. At this point, she said, state support makes up only about 18 percent of the business school's $96 million annual budget, and she said that percentage overstates the contribution because much of the state support is tuition revenue that must go to the state first now before it is returned to the school. In a new model, that revenue would never leave the business school. In the end, the business school would truly lose less than $6 million a year, Olian said."
This sounds like a good time to cut the 18% and save California jobs and homes--this would cut part of the $40 billion deficit. What do you think?
More...