Hacker News new | ask | show | jobs
by lutorm 6196 days ago
"loads of money being thrown at things like education"?

State funding for the University of California has decreased from 7% of the state of California's general fund in 1970 to 3.2% in 2008. Between 1990 and 2008, inflation-adjusted state support per UC student fell by 40%. As a result, the total inflation-adjusted education expenditure per UC student (including student fees and contributions from UC General Funds) decreased by 19%, while student costs rose by 138%.

That doesn't sound like money's being thrown at education, at least not higher ed.

(text lifted from this letter: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2009/07/08/...)