The University of California’s headquarters hid $175 million from the public in a secret fund while the Office of the President was demanding more state funds, according to a report released Tuesday by state Auditor Elaine Howle.Perhaps in this day and age, publicly-funded universities are an anachronism. So what's California considering? Double down, with free college for all, of course! But there are only 7 of us in the whole state who, in true Cassandra fashion, say what cannot be said:
The office of UC President Janet Napolitano amassed millions in the secret reserve fund by overestimating the funding needed to run the 10-campus university system — and then spending less than budgeted. It would continue asking for increased funding based on the overestimates, according to Howle.
Napolitano’s office also created a secret budget over the course of four years to spend the hidden money, the audit found. Included in the undisclosed funds were $32 million collected from campuses that could have been spent on students.
But there’s one big problem: California can’t afford this plan.Another is for students not to major in interpretive dance or Aggrieved Victims Studies. But that's just one of my ideas.
The state is predicting a slight budget deficit for this fiscal year, and the state treasury receipts are already running nearly a quarter of a billion dollars behind January’s forecast.
It’s irresponsible to imagine that we can add an entirely new — and, at a cost of $1.6 billion, very expensive — program...
There are ways for state legislators to assist California’s struggling students, even without a huge new program.
One way to make a degree less expensive is to help students graduate on time.