Portantino wants bailout for California college system
Add the CSU and UC systems to the list of California (and national) institutions that want federal assistance. From KCBS:
SAN FRANCISCO (KCBS) -- With the economy forcing so many industries to turn to the federal government for help, some California lawmakers are suggesting higher education do the same. A resolution being introduced in the new legislative session today proposes a $70 billion nationwide bailout for colleges and universities.
California isn't the only state facing massive budget cuts but its community colleges could lose $330 million, while the CSU and UCs lose $66 million each. All while banks and car companies are marching to Capitol Hill hat in hand.
"In that policy discussion of who should be bailed out, and who should be invested in, we think our kids warrant the same consideration as auto makers and financial institutions, and those folks who largely have been shepherding their own outcomes," said Pasadena Assemblyman Anthony Portantino, who chairs the Higher Education Committee.
He says with just 10 percent of the $700 billion financial bailout, two million California students could go to college.
If I understand the article correctly, this is state legislation that is being proposed, so any federal plan would be a suggestion, and would not carry the weight of law. Good luck with that.
UNDER THE DOME
|
| Pasadena -- news, politics and gossip. Send tips, rumors, rants to Dan Abendschein dan.abendschein@sgvn.com. |
1 Comments