Following two years of strong growth, short-term endowment returns for universities across the nation have take a sharp decline, according to a report by the National Association of College and University Business Officers and the Commonfund Institute published Feb. 1. Read More…
About 100 UC Berkeley students and service workers blocked the intersection of Bancroft Way and Telegraph Avenue Thursday afternoon, in protest of impending changes to the UC employee pension plan. Read More…
Despite UC demands that Cerberus Capital Management sell a firearms manufacturer associated with the Newtown, Conn. shootings, complications in the sale have prompted the possibility that the university may withdraw significant investments from the firm. Read More…
UC campuses have seen a surge in freshman applications this year, with especially high numbers of nonresident and Latino applicants. This year, Chicano and Latino applicants are for the first time the largest ethnic group represented in the overall UC applicant pool. Read More…
UC Berkeley ranked as the eighth best value among public colleges and universities, according to rankings released this month by Kiplinger.
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A recent California state auditor’s report, which investigated matters such as bribery, conspiracy to commit fraud and improper overtime pay, singled out an employee at the University of California’s Office of the President for receiving what it calls “wasteful” reimbursement for travel expenses. Read More…
After 144 years, the University of California has changed its logo to what officials say is a more modern design, prompting criticism from some in the UC community.
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Senator Leland Yee, D-San Francisco, introduced a bill to UC campuses this Monday that will prohibit pay raises for executive officers during budget crises or student fee increases.
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Given Proposition 30’s passage Tuesday, University of California stakeholders have been given a momentary reprieve from the threat of a $250 million midyear cut. Read More…
The UC released its 2011 payroll report Thursday, showing that while payroll increased from 2010, UC employee compensation lagged below market levels. Systemwide payroll increased from roughly $10 billion in 2010 to $10.6 billion in 2011. This increase was attributed to a “combination of factors, including restoration of furlough reductions, increased Read More…
