For 20 years, the University of California and the state legislature folded their hands in their lap and slowly allowed one of the major financial structures of the University to sink into insolvency. Rather incomprehensibly, both stopped all contributions to the University of California Retirement Plan in 1990, driving the UC’s vast pension plan, which […]
Tag Archives: a-public-university
Editorial: College systems should retain distinct roles
When first adopted, the California Master Plan for Higher Education created clear, distinct roles for each of the three systems of public higher education. For the top achievers in California, there was the University of California, a beacon of educational discourse, research and thought that would provide the state with its most accomplished workers. Directly […]