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DE and Yudof to Crowd: We're Screwed

Think your education is expensive, and yet the University may be in jeopardy? DE and UC President Yudof think you're right:

Three of the state's leading higher education officials gathered Tuesday to elaborate on what they've known for months: Major financial woes face the University of California, and won't be leaving any time soon.

With the university losing millions of dollars in recent months and bracing to lose millions more, Yudof told the nearly 50 scholars and officials in Pauley Ballroom, "Higher education is not treated as a public good anymore."

And while 85 percent of UC Berkeley undergraduates come from within California, administrators have said that the number of out-of-state students rose this year and will likely increase next year to reach a higher tuition target. . . . "The trade-off, frankly and harshly, is between poor in-state students and wealthy out-of-state students," [Chancellor] Birgeneau said.

Source here. In fact, according to the NY Times, it's a national problem.

Full post as published by Nuts & Boalts on December 04, 2008 (boomark / email).