The Wall Street Journal reports that according to administration officials the University of California, Berkeley faces $28 million in cuts or unavoidable cost increases for the academic year that began in July. But the real bad news is that starting in July of 2009, the faculty and staff have been told to expect to make contributions to their pension funds for the first time since 1990. Can you imagine contributing to your own retirement fund? Things can't get much worse!
Homer Sweeney
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