Monday, September 6, 2010

"UCLA Business School To End Public Funding" -and so it (privatization) begins, or should we say continues

UCLA business school to end public funding
By Matthew Garrahan in Los Angeles
Published: September 6 2010 18:36 | Last updated: September 6 2010 18:36
A leading business school in the University of California system is preparing to forgo public funding amid increasing uncertainty about the state’s economic health and California’s ability to pay for higher education.The UCLA Anderson School of Management plans to fill the funding gap with money from private donors, bolstering a roster that includes business figures such as Larry Fink, the founder of BlackRock, and Bill Gross, the founder of Pimco. Its decision to opt out, which is awaiting the approval of Mark Yudof, president of the UC system, is a clear indication of the broad changes that lie ahead for the network, which was established in the 1960s with a public mandate to provide world-class education to deserving students regardless of their ability to pay.

you can read the full article here

Inside Higher Ed also has a story on it here

of course, a B-school
--has to be approved by Yudof
but is it all just being done as a stunt,tactic, a bluff, leverage?

what is it, specifically, that they need to "privatize" --as SB 330 awaits signature by the Governor and as the JLAC Audit is being conducted with findings to be published in January 2011-- what is there that needs to be closed to public view?

Never mind UCLA, including the B school, was built (in fact, enjoyed the many years of benefits of developing) under a Land Grant Institution status

this move is from that same page where:
capital and profits are kept private, but losses and risk are shifted to the public.

"bolstering a roster that includes business figures such as Larry Fink, the founder of BlackRock, and Bill Gross, the founder of Pimco"

excuse us while we get a beverage - that last line made us throw up a little in the mouth for some reason...cheers

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