Monday, May 2, 2016

UC-Berkeley's attempt to balance budgets ill-conceived - The UConn Editorial Board Editorial

Earlier this month, UC Berkeley released its plan to cut 500 staff positions in the next two years, according to the Washington Post. This effectively reduces the workforce there by six percent in order to ease financial burdens. According to Berkeley officials, the school’s expenses exceed its revenue by $150 million, while the UC Berkeley Chancellor predicts the staff reductions will yield about $50 million a year. The Washington Post reports that state appropriations for UC Berkeley are at about 13 percent, which is a significant decrease from the 50 percent it was once at in the 1980s. However, this drop in state funding is not surprising given the recent state audit released revealing the university’s 82 percent increase in nonresident enrollment from 2010-11 through 2014-15, coupled with a one percent decrease in resident enrollment, according to USA Today. http://dailycampus.com/stories/2016/4/24/uc-berkeleys-attempt-to-balance-budgets-ill-conceived