UC students’ tuition and UC bonds

Has the money raised by UC tuition, which is going up as state support is decreasing, been used for other purposes than instruction and student services? Professor Meister, President of the Council of UC Faculty Associations and Professor of Political and Social Thought at UC Santa Cruz, argues that this is so. Specifically, student tuition and certain fees have been pledged as part of the collateral for projects funded by General Review Bonds. In other words, UC’s capacity to build more facilities is increased by this novel and heretofore unjustified use of student tuition and fees. Protecting bond ratings is becoming more important than education, especially undergraduate education, no matter what the communication specialists say.

Please read the article by Professor Meister, They pledged your tuition, and his response to faculty questions.

There is a public meeting on campus this Thursday, Oct 29, 2009, at 7pm, in Classroom Unit 2, to discuss the current financial situation at UC. Professors Meister, Glantz, Connery, and several others will be leading the discussion.