Audit: University of California Overpaid Administrators, Hid $175 Million Dollars in Secret Fund
26th April 2017
The University of California’s administration kept millions of dollars in a secret fund even as it sought permission from the Board of Regents, and approval from the public, to raise tuition. It also overpaid employees who were already handsomely compensated, and provided them expensive perks.
Public institutions exist to provide the Crust and their offspring with affluence at taxpayers’ expense.