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. _____________________________________________________________________________________ The Monday Memo is edited collectively by a group of UC administrative professionals who are working for union representation with UPTE-CWA. We publish most Mondays, unless it is a university holiday, or we just need a mental health day off. We welcome your submissions, either credited or anonymous, at mondaymemo@upte-cwa.org. Please feel free to forward this memo to your colleagues. Anyone may subscribe to the Monday Memo by sending an email to subscriptions_mondaymemo@upte-cwa.org. You will only get one email a week from the Monday Memo on this list, and may unsubscribe at any time. If you are a UC administrative professional you have the opportunity to sign an authorization card to say you want to represented by UPTE. All administrative professionals are also welcome to become members of UPTE, with all the associated rights and benefits.
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