Tuesday, May 8, 2012

CSU Trustees Approve Pay Hikes Via Nonprofits

The California State University Board of Trustees has approved a plan to give pay raises to some University Presidents, but instead of using public money, private non-profit foundations will foot the bill. The shift comes after mounting public pressure on the University to stop executive pay raises. Faculty union representatives criticized the new plan, saying it still diverts money that could be used for academic programs. Last week the union voted to authorize a strike later this year over a contract dispute, and student supporters began a hunger strike. Dan Fritz reports from Long Beach.