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June 2009


  • UC Berkeley is broke and has over $100 million of red ink

    Posted on June 15, 2009 by Denis

    Six weeks ago, UC Berkeley faced a $67.2 million budget gap for 2009-10. Amid California's budget crisis which puts the state on the brink of bankruptcy, that anticipated shortfall has now grown to $145 million. The recently-enacted 9.3% student fee increases and other revenue-enhancement measures that become effective July 1, have reduced the $145 million gap by about $30 million, which means that UC Berkeley is still short $100 million. The budget situation is so servere that the Chancellor and Provost of the University of California just sent out the following urgent email this afternoon to all students, staff, faculty, and alumni at UC Berkeley...

    In summary, this is what's expected to happen to UC Berkeley this upcoming academic year... Read more