VOLUME 45, ISSUE 20
MONDAY, NOVEMBER 28, 2011
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VOLUME 45, ISSUE 30
THURSDAY, FEBRUARY 9, 2012
WWW.UCSDGUARDIAN.ORG
VOLUME 45, ISSUE 30
WWW.UCSDGUARDIAN.ORG
THURSDAY, FEBRUARY 9, 2012
UC System
UC Budget
UC System to Loan State $200 Million This Month By Nicole Chan Associate News Editor
D
(In Billions) Amount state needs
200
(In Millions) Amount UC to loan to state
250
(In Millions) Amount CSU to loan to state
865
(In Millions) Amount the bill will make available
750
(In Millions) Amount of UC Cuts
1.7
(In Billions) Amount state already owes UC
Student Satisfaction Survey to Brings Changes to Campus
A ndrew O h /GU ardian
Professor Kamau Kenyatta and his quartet played at the Loft on Tuesday, Feb. 7.
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FORECAST THURSDAY H 76 L 49
FRIday
H 74 L 48
NIGHT WATCH
Thursday
Friday
Charlotte Huggins
Film Producer and UCSD Alumnus
See Fellowship, page 3
campus life
BY Natalie Covate Staff Writer
I’ll see it in digital 3-D, I’ll see it in IMAX 3-D, I’ll see it in 2-D. I love watching people watch the movie.”
Students from historically black colleges and universities will be able to participate in a new University of California fellowship program called Summer Institute for Emerging Managers. UC Provost Lawrence Pitts announced the program at a Jan. 24 press conference in the Robinson Memorial in Pasadena. SIEML will accept 25 students this summer and will take place every year at one of six participating UC business and management schools. They include UC Berkeley’s Haas School of Business, UCSD’s Rady School of Management, the UC Davis Graduate School of Management, UC Irvine’s Paul Merage School of Business, UCLA’s Anderson School of Management and UC Riverside’s A. Gary Anderson Graduate School of Management. “We hope the experience for those students selected to attend SIEML will aid them in successful enrollment in professional degree programs such as the MBA,” UC Provost Lawrence Pitts said in a Jan. 24 UC Office of the President press release. The program is currently offered to undergraduate students enrolled at Morehouse College, Hampton University, Howard University and Florida A&M, among others. Selected students will be offered an allexpenses-paid trip to one of the six UC business programs. They will spend two weeks
Readers can contact Nicole Chan at n3chan@ucsd. edu
Let’s talk about sax
sSPOKEN
BY Javier Armstrong Staff Writer
California’s revenue is $2.6 billion less than projected, while spending is higher by about the same amount, according to the San Francisco Chronicle. “We have to go out and borrow this money ourselves, it’s not like we can open a drawer and fling cash about,” Klein said. According to Klein, the UC system has a better credit rating than the state and will borrow the requested $200 million at an interest rate of 0.5 percent. The UC system will loan the $200 million to the state at an interest rate of 2 percent. “We don’t want to lose money in the deal,” Klein said. Klein said the state originally requested the loan by March 2, but recently expedited the loan to Feb. 29. The state is expected to pay back the loan by April 20 of this year. “We’ve been in talks with the state government for a while to find a long-term funding plan for the UC,” Klein said. “This is part of the process. We understand that they have a cash flow problem, so we’re in a position to help them out. We’re all Californians and we all want the same things. This is not in an adversarial way, and we’re in a position that we can loan this money.” According to Klein, the state already owes the UC system $1.7 billion. “It’s not that we want to keep doing this,” Klein said. “For the time being, it’s what we feel is the best thing to do.”
3.3
espite facing $750 million in state funding cuts for the 2011-12 academic year, the University of California will loan the state $200 million on Feb. 29. The $200 million loan is just a portion of the $3.3 billion needed to keep the state in the black. The state is expected to fall below its safety cushion of $2.5 billion by the end of the month and in more than a week will fall $730 million in the red, state controller John Chiang said in “California could run out of cash by March, controller warns” in the Jan. 31 Los Angeles Times. According to the Los Angeles Times, Gov. Jerry Brown signed a bill on Feb. 3 that will allow the state to borrow from special funds, such as those allocated for transportation or scientific research. The bill will make $865 million available. The rest of the funding will be made up from loans from the UC and California State University systems and delaying reimbursements for doctors of stateprovided healthcare programs. “As we all know, the state of California is in a pretty bad financial situation,” UC Office of the President spokesperson Dianne Klein said. “They came to us and Cal State and asked, ‘Can you loan us money so we don’t default?’ As a gesture of good will, we agreed.” In addition to the UC loan, the CSU system will loan the state up to $250 million, according to the Daily Californian.
UC System to Partner With Historically Black Colleges
SATURday H 65 L 47
SUNday
H 65 L 47
Saturday
Sunday
Student Business Services will be opening a survey to students on Feb. 15. They will be using this input to improve their ability to serve students Every year, Vice Chancellor of External and Business Affairs Steven Relyea’s metrics division invites approximately 25,000 students to take the Student Satisfaction Survey and provide feedback on various student business services. The feedback is later discussed and analyzed at a retreat by Relyea’s metrics division. “The responses [on the survey] are looked
at and discussed carefully to see what needs to be changed,” Communications Manager for Business and Financial Services Barbara Field said. Specifically, they look at budget allocations, resources and what can be improved for specific business services. Changes have already been made based on the past years of the survey. Mail services, for example, no longer delivers junk mail to students living on campus. They also send email alerts when a package is received from the United States Postal Service. These changes were first implemented based on results of the survey. See Survey, page 3
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FRIday Height: 3.5-4 ft. Wind: 5-7 mph Water Temp: 59 F
SATURDAY Height: 3-3.5 ft. Wind: 4-9 mph Water Temp: 59 F
SUNday Height: 4.5-5 ft. Wind: 2-8 mph Water Temp: 59 F
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INSIDE Birdland..................................2 New Business.........................3 Spin Cycle..............................4 Letter to the Editor.................5 Beer and Loathing..................6 Sudoku...................................9 Sports...................................12