Friday, April 27, 2012
UC-Hastings Reduces Incoming Class by 20%, Cuts 27 Staff Positions
UC-Hastings has announced a permanent 20% reduction in the size of its incoming class, resulting in a $2.1 million budget cut which it is absorbing by staff reductions (10 laid off, 10 full-time reduced to part-time, and 7 voluntary severances). Tuition for California residents will be $46,500 in 2012-13 (up from $20,900 in 2004-05). For more on the grim details, see:
- Paul Campos (Colorado), Storm Clouds
- David Seward (UC-Hastings CFO), Presentation (April 20, 2012)
- Frank Wu (UC-Hastings Dean), Spring 2012 Strategic Plan Implementation Update (Apr. 19, 2012)
- Frank Wu Response to Student Town Hall (Apr. 19, 2012)
- Frank Wu, Staff Reorganization: Overview (Mar. 19, 2012)
- Frank Wu, Staff Reorganization: Details (Mar. 19, 2012)
https://taxprof.typepad.com/taxprof_blog/2012/04/uc-hastings.html
Comments
That's roughly a 12.1% annual increase compared to the 2.9% average increase in the CPI over the same period. Seems like it's possible that by throwing cheap money at the schools (in the form of low-interest student loans) the government once again created artificial demand for higher education. When quantity demanded is greater than quantity supplied prices go up. In this case tuition increased at 4 times the inflation rate. Wow.
Posted by: RichmondG30 | Apr 27, 2012 11:35:12 AM
The "low hanging fruit" are being culled - wonder if any of the deans or chancellors will offer up a portion of their salaries or entitlements to benefit the least among them? Yes another good day in the world of academia. lol
Posted by: fernstalbert | Apr 27, 2012 11:33:07 AM
The University of California is cutting back at one of its law schools, UC-Hastings, at the same time that it has wasted money to add another one, UC-Irvine.
Posted by: Woody | Apr 27, 2012 8:50:37 PM