Yudof warns of a more exclusive UC

(From UC Regent Live):

(01-19) 18:16 PST SAN DIEGO — The University of California will shut out tens of thousands of qualified students over the next decade as deep budget cuts force the nation’s premier public university to become more exclusive, UC President Mark Yudof told the regents Wednesday in San Diego.

UC is staring at a budget gap of at least $1 billion next year, half of which is expected to come from reduced state funding for 2011-12. The rest, Yudof said, will be from unavoidable expenses: higher negotiated salaries, rising energy costs, millions in pension contributions and more.

(Read the rest of the article)

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