<p>I’m not sure if I was subliminally affected in my previous post by Dr. Randy Schekman’s keynote [speech](<a href=“2014 UCLA College Commencement Ceremony I 2pm - YouTube”>2014 UCLA College Commencement Ceremony I 2pm - YouTube) at UCLA Commencement, 2014 for L&S. He was awarded a Nobel in 2013, and his background was somewhat similar to what I posted earlier: Jewish in heritage; middle class background with a family “migrating” from another state, Minnesota, though not from the EC per my previous post; family and he paid $270 in tuition/fees in 1966, his freshman year.</p>
<p>Nice speech, as he recognizes the 1st Gen college grads at [1:38:50[/url</a>] (be sure to close the folders or the video will keep running), and the Pell Grantees at [url=<a href=“2014 UCLA College Commencement Ceremony I 2pm - YouTube”>2014 UCLA College Commencement Ceremony I 2pm - YouTube]1:39:30[/url</a>].</p>
<p>A couple points I somewhat disagreed:</p>
<ol>
<li><p>He stated that it costs more on average (I imagine) for a middle-class student to attend a UC rather than an elite private institution, [url=<a href=“2014 UCLA College Commencement Ceremony I 2pm - YouTube”>2014 UCLA College Commencement Ceremony I 2pm - YouTube] 1:44:22](<a href=“2014 UCLA College Commencement Ceremony I 2pm - YouTube”>2014 UCLA College Commencement Ceremony I 2pm - YouTube). This is where local context comes into play, and where students can save room and board by getting to campus from home.</p></li>
<li><p>Later, he stated that in 1966 the state funded ~80% of UC’s budget and only 10% now at [1:42:49](<a href=“2014 UCLA College Commencement Ceremony I 2pm - YouTube”>2014 UCLA College Commencement Ceremony I 2pm - YouTube). This is a bit misleading because of the following after a cursory search:</p></li>
</ol>
<p>1980-81: UC Budget was $3.8 B; and was funded by the State, $1B; or ~ 26% State Funding
2001-02: Budget: $16.1B; Funded: $3.3B (Peak funding), ~ 21%
2012-13: Budget: $24.0B, Funded: $2.4B (has receded last 4 or so years); ~ 10% (Per his speech)</p>
<p>In my cursory search, I couldn’t find info back to 1966, Dr. Schekman’s first year at UCLA. But if we see the UC budget was ~ $4B back 1980-81, I would guess it would have to be ~ $1-2B in 1966. So this means the state would have taken ~ $.8-1.6B from the State General Fund.</p>
<p>Adjusted for an ~ COLA estimate of 700%+ from 1966 to ~ present (let’s say salaries lagged from actual inflation, and let’s say the UC budget was $1.2B in 1966, we have this comparison from the years as follows:</p>
<p>1966-67: UC Budget: $1.2B (rough guesstimate), State Funding: ~ $1.0B, 80% Funded per his notes. </p>
<p>2012-2013: 2.4/24=10% Funded, actual. Adjusted $ from 1966, using 700% inflation over all those years, $24B becomes $3.4B, so crudely, the actual budget over those years has grown ~280% adjusted for 1966 $’s, and the funding for 2012 would still be $2.4B, which -> the adjusted % funding from state would = 2.4/3.4 or ~ 71%. So the state has grown the funding over the “actual” growth of the U (the system), but not quite in line with the 80% it did in 1966, assuming that most COLA wasn’t quite employed in salaries, etc.</p>
<p>So this stupid exercise of mine has yielded that his citing of 10% and 80% is somewhat off. That UC is now a $24B/year operation means that the state wouldn’t be able to continue its funding at the same rate of inflation and the U’s growth because of income to the state that doesn’t grow at inflation’s rate.</p>
<p>But otherwise I enjoyed his speech, even if he at times seemed preachy, and he is all about Cal now. He’s a great ambassador for the UC system, and he obviously cares for the U itself.</p>