Free Republic

California Democrats, Republicans face mortgage defaults, 12% unemployment, pay reductions, loss of unemployment benefits. UC President Yudof has faculty eat cake

Hundreds of University of California students rallied against a 32% tuition hike last week. Let's hope their future employers get a better work product. With just a little research, the students could have discovered that compensation packages won from the state by unions were a big reason for the hike. Last year, the state cut funding to the 10-campus system to $2.6 billion from $3.25 billion. To make up for the reduction in state funding, the UC Board of Regents increased tuition to $10,300, about triple 1999's cost. Understandably, students have gone wild. The UC system is supposed to offer...

The UC President has a UCB Chancellor that should do the high paid job he is paid for instead of hiring an East Coast consulting firm to fulfill his responsibilities. ‘World class’ smart executives like Chancellor Birgeneau need to do the analysis, hard work and make the difficult decisions of their executive job! Where do consulting firms like Bain ($3,000,000 consultants) get their recommendations? From interviewing the senior management that hired them and will be approving their monthly consultant fees and expense reports. Remember the nationally known auditing firm who said the right things and submitted recommendations that senior management...