| For the Week of April 09, 2012
The Sacramento Bee reports that the UC regents took steps last week to limit the pensions of its highest compensated executives after those execs threatened to sue UC over what they called “broken promises.”
A new report on California’s community colleges says that hundreds of thousands of students are being frozen out of community colleges due to a lack of funding. The “completion agenda” puts a heavy emphasis on workforce development, at the cost of academic quality.
New data show that people over 60 still owe a whopping $36 billion in student loans. That’s according to the blog Common Dreams, citing research from the Federal Reserve Bank of New York. The unpaid loans that seniors hold come from their original days in college, loans for mid-career education, and co-signing loans for younger family members. Federal legislation in 2005 removed student loans from bankruptcy coverage, so the debts may literally follow them to the end of their lives.
The Bay Citizen reports that one of the oldest student newspapers in the nation, the 141-year-old Daily Californian, is facing a crushing deficit of $200,000. The newspaper and website are independently run by UC Berkeley students, who hope that a fee of $2 per semester per student will pass by referendum this spring, saving the paper.
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