Obama announces plan to reduce debt burden on student loan borrowers

In a speech given at the Auraria Campus in Denver, Colo., Wednesday, President Barack Obama announced a plan that would cap federal student loan payments starting in 2012 — two years earlier than initially expected. The plan would cap student loan payments at 10 percent of a borrower’s discretionary income
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UC lecturers union ratifies agreement with university

The UC-American Federation of Teachers, which represents the university’s more than 3,000 lecturers, has ratified a three-year agreement with the University of California on salaries, health benefits and other workplace issues, according to a press release from the UC Office of the President. In the newly ratified deal, eligible lecturers
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Librarians union ratifies agreement with UC

The American Federation of Teachers union ratified an agreement that provides merit increases for the university’s over 350 librarians, the UC Office of the President announced Monday. The agreement allows librarians to participate in a one-time merit-based salary increase program starting Oct. 1. The ratified agreement also allows librarians to be
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UC Office of the President releases payroll report

The UC Office of the President released the University of California’s annual payroll report for 2010 Wednesday, revealing a recent trend of declining state funding for employee compensation. The report, which outlines both the sources funding payroll and the groups receiving compensation, pinpoints the two major sources for funding of
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UC faculty, staff could be offered merit raises

University faculty and nonrepresented staff earning less than $200,000 annually will be eligible for merit raises under a plan announced this past week by the UC Office of the President. The pool of funds — included in the budget passed last fall by the UC Board of Regents — was
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UC says state audit advice was already in the works

Though a group of student leaders from throughout the UC is calling for the implementation of several recommendations made by a recently released state audit, university officials maintain that such transformations were in the works prior to the audit and are already being implemented. The audit of the university, which
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UC seeks employee comment on proposed policy amendments

Several amendments to a University of California employee policy were proposed by the UC Office of the President and effectively released Monday, calling for consideration of performance when making decisions regarding layoffs and time reduction. The proposed policy changes will allow employers throughout the UC to consider employees’ work performance
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