Report on the Profitability of Education and the Exploitability of Students

X. References

1 Brown, Wendy. “Why Privatization is About More Than Who Pays.” UC Berkeley Faculty Teach-

In. Wheeler Auditorium, Berkeley, CA. 23 September 2009. http://www.youtube.com/watch?

v=aR4xYBGdQgw

2 Mario Savio was only partly right. Students aren’t just “raw material” for human capital. They are

also a captive market.

3 Mandatory Student Fees adjusted to 2011 dollars. See appendix for analysis.

budget/fees/documents/history_fees.pdf

4 Adjusted to 2009 dollars using US CPI. http://www.universityofcalifornia.edu/accountability/index/

3.7

5 Current dollars ibid.

6 www.universityofcalifornia.edu/regents/regmeet/sept11/f8.pdf

7 More on the Regents in section IV. Accountability and Personal/Executive Compensation

8http://www.theatlantic.com/business/archive/2011/08/chart-of-the-day-student-loans-have-grown-

511-since-1999/243821/

9 http://www.nytimes.com/2011/04/12/education/12college.html

10 These include forced collection, damaged credit score, and their negative effects

on future borrowing. www.ihep.org/assets/files/publications/a-f/Delinquency-

The_Untold_Story_FINAL_March_2011.pdf

11 http://www2.ed.gov/offices/OSFAP/defaultmanagement/defaultrates.html

12 See footnote 1 for UC tuition growth http://www.businessweek.com/the_thread/

economicsunbound/archives/2009/09/earnings_of_you.html

13 http://www.nytimes.com/2011/05/19/business/economy/19grads.html

14 http://money.cnn.com/2010/10/14/pf/boomerang_kids_move_home/index.htm

15 By more than 19% since 1990-91, according to the UC 2012-13 Budget

budget.universityofcalifornia.edu/files/2011/11/2012-13_budget.pdf

16 Between 2005-6 and 2010-11, the percent of classes at UCSD with less than 20 students fell

from 46% to 40%, classes with over 100 students increased from 17% to 22% of all classes. http://

studentresearch.ucsd.edu/sriweb/cds/

17 Between 2005 and 2011, while other positions were growing, over 1000 student assistant

positions were cut across the UC system. http://www.ucop.edu/ucophome/uwnews/stat

18 At UCSD in 2010-11 school year there were 34 discussion sections with over 100 students

http://studentresearch.ucsd.edu/sriweb/cds/

19 Course offerings last year had fallen by 11% on some campuses http://articles.latimes.com/2010/

jan/20/local/la-me-classes20-2010jan20

20 http://www.baycitizen.org/education/story/state-budget-crisis-will-likely-threaten/

21 studentresearch.ucsd.edu/sriweb/enroll/ffhome.pdf/

22While wages are higher for higher levels of education, they are still going down for new graduates.

See footnote 11.

23 ucsdnews.ucsd.edu/economicimpact/pdf/UC-San-Diego-Economic-Impact-Report-July-10-2008.pdf

24 ibid.

25 Statewide matriculation rates were unavailable for comparison, but sense of EAOP’s impact is

suggested by the fact that its matriculation rate (80%) is higher than statewide average graduation

rate (74% in 2011).

www.ucop.edu/

http://eaop.ucsd.edu/about/index.html

http://www.cde.ca.gov/nr/ne/yr11/yr11rel54.asp

26 Although, these programs and their staff have a positive impact, this is often in spite of UCSD’s

over-arching priorities rather than because of them. See Section III.iii “Education as a Privilege at

UCSD”

27 ucsdnews.ucsd.edu/economicimpact/pdf/UC-San-Diego-Economic-Impact-Report-July-10-2008.pdf

28 When supplemented by other revenue sources.

article/26216

29 trends.collegeboard.org/downloads/Education_Pays_2010.pdf

30 “Higher Education Compact Measures”, Introduction

compact2004_05.pdf

31 www.universityofcalifornia.edu/news/compact/compact.pdf

32 The authors of the compact could only have known previous inflation rates. The relevant rate was

3.19%, the average annual inflation in California between 1999 and 2005, using CA CPI. The real

average annual inflation between 2005-06 and 2010-11 was 2.21%. www.dof.ca.gov/html/fs_data/

latestecondata/documents/BBFYCPI.XLS

33 Italics added. www.universityofcalifornia.edu/news/compact/compact.pdf

34 See Section VI. The State of California and its Distorted Priorities

35www.universityofcalifornia.edu/regents/regmeet/nov11/gb1attach2.pdf

36 Since then Meister has published 2 additional letters.

http://www.cucfa.org/news/tuition_bonds.php

37 http://www.universityofcalifornia.edu/news/article/22164

38 https://client.schwab.com/FIDocProvider/363419_Pos.pdf

39http://www.businesswire.com/news/home/20110708005988/en/Fitch-Rates-University-California-

General-Rev-Bonds

40 http://libraries.ucsd.edu/budgetcutsFAQ/index.html

41 http://www.utsandiego.com/news/2011/mar/29/ucsd-libraries-close/

42 http://californiawatch.org/dailyreport/ucsd-library-cuts-mean-150000-books-must-go-12293

43 According to this years salary schedules, maximum salary for librarians at UC is 11.74% less

than CSU and minimum salary for associate librarians is 13.35% less. http://www.ucop.edu/

acadpersonnel/lib-salscale-revised.html

http://www.calstate.edu/HRAdm/SalarySchedule/SalaryDocs.aspx

44 According to the UCSD Libraries website, over 50 positions have been eliminated in response to

last years cut. http://libraries.ucsd.edu/budgetcutsFAQ/index.html

45 http://libraries.ucsd.edu/_files/lao/ul-office/Libraries-Budget-Cut-Summary-2011-01-27-BECS.pdf

46http://www.ucsdguardian.org/component/k2/item/21264-clics-may-close-next-year-due-to-budget-

cuts

47 https://mailman.ucsd.edu/pipermail/Fscsc-l/attachments/20110526/42d06a61/attachment.doc

48 http://www.sandiegoreader.com/news/2011/feb/23/stringers-ucsd-considers-closing-four-libraries

http://www.universityofcalifornia.edu/news/

www.ucop.edu/budget/documents/

49 as.ucsd.edu/docs/CLICS_release-2.pdf

50http://www.ebidboard.com/public/projects/showproject.asp?mbrguid={16364B92-FCC6-433B-

96E3-CA1500962C96}&projectguid={B302C0DF-F411-4BEE-8376-10533F431446}

51 Just over $1 million annually http://www.ucsdguardian.org/component/k2/item/21264-clics-may-

close-next-year-due-to-budget-cuts

52 EAOP is a state-wide program, TRiO is a federally funded program, and students created, fund and

run SPACES.

http://www.eaop.org/about/

www2.ed.gov/about/offices/list/ope/trio/statute-trio-gu.pdf

53 http://spaces.ucsd.edu/?page_id=276

54 diversity.ucsd.edu/pdf/DoUCusCampaignReport.pdf

55 http://quickfacts.census.gov/qfd/states/06000.html

56 diversity.ucsd.edu/pdf/DoUCusCampaignReport.pdf

57 ibid.

58 http://www.utsandiego.com/news/2011/aug/14/local-colleges-universities-face-budget-impacts/

59 In the summer of 2011, three UCSD professors were recruited to a private university in Texas

http://articles.latimes.com/2011/jun/29/local/la-me-brain-drain-20110629

60 Based on Full-Time Equivalent tables for UC Totals

61 ibid.

62 http://socrates.berkeley.edu/~schwrtz/Part_13.html

63

Based on 2011-12 expenditure per student budget.universityofcalifornia.edu/files/2011/11/2012-

13_budget.pdf

64 For example, at the last regents meeting on November 28th, a 23% increase in salary for a UC

Davis executive was approved.

www.universityofcalifornia.edu/regents/regmeet/nov11/comps.pdf http://

www.universityofcalifornia.edu/news/compensation/salaryactions.html

65 See Section II. The Cost and Value of a UC Education

66 http://www.universityofcalifornia.edu/regents/about.html

67 Article 9 §9 (a) http://www.leginfo.ca.gov/.const/.article_9

68 Article 9 §9 (c) ibid.

69A situation which put Wilshire Associates in an unequivocal conflict of interest. http://

www.eastbayexpress.com/gyrobase/parskys-party/Content?oid=1083283&showFullText=true

70 ibid.

71 ibid.

72 One can easily read investment reports at the treasurers website. http://www.ucop.edu/

treasurer/

73 Part Two of the “Investor’s Club” report http://spot.us/pitches/337-investors-club-how-the-uc-

regents-spin-public-funds-into-private-profit/story

74 ibid

http://www.ucop.edu/ucophome/uwnews/stat

75 http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=22695

76http://spot.us/pitches/337-investors-club-how-the-uc-regents-spin-public-funds-into-private-

profit/updates/664-sidebar-to-part-six-senator-dianne-feinsteins-educational-conflict

77 http://chancellorsearch.ucsd.edu/

78http://www.jacobsschool.ucsd.edu/news/news_releases/release.sfe?id=845

http://ucsdnews.ucsd.edu/features/

campus_leverages_milestone_anniversary_to_raise_critically_needed_funds/

79 http://investor.qualcomm.com/directors.cfm#

80 Appendix Two of the “Investor’s Club” report

http://spot.us/pitches/337-investors-club-how-the-

uc-regents-spin-public-funds-into-private-profit/story

81 http://changinguniversities.blogspot.com/2009/11/how-regents-sold-university-down-river.html

82 ibid.

83http://www-cbo.ucsd.edu/PDF/febj.pdf

http://www.nbclosangeles.com/blogs/prop-zero/The-Horror-Horror-of-UC-Pension-Reform-

102074043.html

84 http://chronicle.com/article/Divided-Loyalties-Conflicts/64629/

85 Italics added. http://chronicle.com/article/Wealthy-University-Endowments/65641/

86 Shrag, Peter. Paradise Lost: California’s Experience, America’s Future.

California Press, 1999. p. 156

87 http://www.lao.ca.gov/reports/2011/calfacts/calfacts_010511.aspx#zzee_link_2_1294170707

88 It must be noted that Prop 13 resolved huge injustices in resident-owned property tax that

prevailed until 1978. Accordingly, some of the $7 billion that would have come from resident-owned

taxes was rightly cut from the state budget.

Kemp, Roger. Coping with Proposition 13. Lexington Books. Lexington, Massachusetts: 1980. p. 11

89 Cahn, Alan Mathew, H. Eric Shockman, and David M. Shafie. Rethinking California. New York:

Longman Press, 2010. p. 86

90 ibid p. 145

91 ibid.

92 Beating India, Canada and Russia, among others. www.dof.ca.gov/html/fs_data/latestEconData/

documents/BBRANK.XLS

93 In the study cited, millionaires are households with at least $1 million of “investable assets,” which

excludes primary residence, real-estate, and restricted stocks. http://www.phoenixmi.com/pdf/

PhoenixGWMUSStateRankingsMillionaires200611.pdf

94 Adjusted to 2010 dollars. The average annual growth rate was 2.75%. www.dof.ca.gov/HTML/

FS_DATA/LatestEconData/documents/BBStateGDP.XLS

95 http://www.universityofcalifornia.edu/accountability/index/1.4

96

budget.universityofcalifornia.edu/files/2011/11/2012-13_budget.pdf

97 Fortunately, this cut was absorbed by funds the UC “over-contributed for health care.”

http://

www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/12/13/MNFV1MBVNN.DTL#ixzz1gX6X2RwB

98 Read about the 2004 Compact of Higher Education in IV. Accountability and Personal/Executive

Compensation

London: University of

99 http://projects.propublica.org/bailout/main/summary

100 That amounts to a 40% loss on spent bail out funds.

101 http://www.bloomberg.com/video/81797150/

102 http://www.ips-dc.org/reports/executive_excess_2009/

103 http://www.usatoday.com/money/industries/banking/2010-04-21-tarp-banks_N.htm

104 http://www.ips-dc.org/reports/executive_excess_2009/

105 http://www.propublica.org/special/government-bailouts#bofa

106 http://online.wsj.com/article/SB10001424053111904103404576559062120847764.html

107 http://www.charlotteobserver.com/2011/03/25/2170576/no-federal-tax-expense-for-bofa.html

In a related story, between 2008 and 2010, thirty large and profitable companies paid more to lobby

congress and federal agencies than they paid in taxes. http://www.publicampaign.org/sites/default/

files/ReportTaxDodgerLobbyingDec6Final_rev.pdf

108 http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=456

109 http://www.huffingtonpost.com/2011/03/02/corporate-tax-revenues-ne_n_830361.html

110 http://www.huffingtonpost.com/2009/08/14/income-inequality-is-at-a_n_259516.html

111 http://www2.ucsc.edu/whorulesamerica/power/wealth.html

112 ibid.

113 www.sentierresearch.com/pressreleases/SentierResearch_PressRelease_October_10_2011.pdf

114 http://www.princeton.edu/~pager/race_at_work.pdf

115 Bowles et al Eds. Unequal Chances. Princeton University Press: Princeton, 2005. p. 165

116 http://www.alternet.org/rights/145553/the_new_racial_segregation_at_public_schools

117 Bonilla-Silva, Eduardo. Racism Without Racists: Color-Blind Racism and the Persistence of Racial

Inequality in the United States. Rowman & Littlefield Publishers: Lanham, Maryland, 2006.

118 studentresearch.ucsd.edu/sriweb/Profile2011.pdf

119 studentresearch.ucsd.edu/sriweb/UCSDCollegeProfile.pdf

120 studentresearch.ucsd.edu/sriweb/enroll/total.pdf

121 Although this statistic is result of a relatively small sample. N = 1667.

gsa.ucsd.edu/files/BillofRightsSummary_02012011.pdf

122 http://camppendleton.patch.com/articles/ucsd-honors-veterans#photo-8396963

123 Italics added. Foote, Caleb and Henry Mayer. Co-Chairs.

The Culture of the University: Governance

and Education. Pennsylvania: York Composition Company, 1968. p. 81

124 DeConde, Alexander. Ed. Student Activism: Town and Gown in Historical Perspective. New York:

Charles Scribner’s Sons, 1971. p. 24

ibid.

http://gsa.ucsd.edu/Fsites/

125 Sharp, Gene. The Politics of Non-Violent Action. Boston: Porter Sargent Publishers, 1973. p. 197

126 Goines, David Lance. The Free Speech Movement. Berkeley: Ten Speed Press, 1993. p. 38

 

XI. Appendix: Tables and Documents

 

i. Average Debt at Graduation for UCSD

https://docs.google.com/spreadsheet/pub?hl=en_US&hl=en_US&key=0AqeJDAEDSjt-dGVFOGhRRFcwSkUxRENLZVFmMVhwdUE&output=html

 

ii. Administration, Faculty and Staff Growth for UC System

https://docs.google.com/spreadsheet/pub?hl=en_US&hl=en_US&key=0AqeJDAEDSjt-dHpOOHFJRkFqX2lHNVRMUkJjRGxhX2c&output=html

 

iii. Statement of Immediate Demands regarding CLICS

https://docs.google.com/document/pub?id=1r5yAS8uarsHHBBUvnrztbfvoF81Jk7bk-BOIxOMnIUI