<p>@bluebayou, yes, but you don’t propose that the UCs run their dorm and food services at a loss, do you? Old dorms don’t have to be built, but upkeep can often be just as or more costly for them.</p>
<p>Berkeley’s Unit 1, 2, and 3 were originally built in the 1960s, but are not the same as they were then. All have been “infilled” with additional housing, some of which replaced the Unit 1 and 2 dining halls, so a new dining hall was built on other land. Additional other dorms have also been built, presumably to be able to guarantee dorm space for all fall-admit incoming frosh and transfer students (in the old days, there was not enough dorm space, so some incoming frosh had to find off-campus housing). It would not be surprising if the high cost of the Berkeley dorms reflected the cost of paying off the cost of building these new dorms and renovating the old ones (the older Unit 1, 2, and 3 buildings appear to now have additional earthquake bracing). That high cost also may be incentive for most continuing students to move off-campus.</p>
<p>“The University of California cannot bestow pay raises on its top earners with one hand, while continually taking more from students and their families with the other and deflecting criticism by laying its solution at the door of taxpayers,” Newsom said in a statement. “New funding must be tied to earnest and innovative attempts to reduce the university’s cost structure and promote affordability and accessibility, not threats that reward the status quo.”</p>
<p>I was surprised to hear what they are paying the new Chancellor of UC Irvine, and apparently the other campuses pay scales are similar. I think Mr. Newsom has point. $485,000 is about what the President of the country is paid. This is a public school paid for with tax dollars. Some chancellors recieved a 20% pay raise this year.</p>
<p><a href=“Regents OK raises up to 20% for UC chancellors”>http://www.latimes.com/local/education/la-me-uc-pay-20140919-story.html</a></p>
<p>
</p>
<p>So, that’s $6702 for nine months for food and housing, but not including anything else like books, phone, clothing. So that’s about $750/month, without books, clothes and phone. I call BS on the $500/month for Berkeley. Northern California is an expensive place.</p>
<p>Yes, the apartment was sublet in the summer.
She slept in the living room (with some home-made partitions).
My understanding is the her portion of the apartment is $425.
(it is not exactly a nice place)</p>
<p>Sorry I don’t see why I would be advocating tax payers to be paying for someone’ s cloths, cable tv, internet, and cell phone plan.</p>
<p>What about the FA eligible students whose families already live in Berkeley or it’s environs? Do they get the extra $10K, too?</p>
<p>
</p>
<p>Well since UC is not transparent with their expenses, we’ll never know if they might even run a profit, do we? Food services is a perfect example of which can easily be accounted for…what is the cost for paying above market compensation (pensions and a "living wage’) to food service workers? Buying local is also more expensive, as are green policies. Not suggesting that its a bad thing, but how about some transparency on those costs, which the taxpayers and poor students deserve? </p>
<p>
</p>
<p>Yeah, and back in the 60’s, their cost was also ‘too darn high.’ Indeed, housing costs at Cal have historically been market price leaders. For 50+ years, year after year? (Is Housing that incompetent?) </p>
<p>
</p>
<p>Indeed. But is that just a policy, or is it really cost-based? (How much of Uni overhead are the Units supporting? Anyone know?)</p>
<p>fwiw: IMO, UC should stop giving financial aid to OOS students. (Yes, I realize that OOS’er still have to pay the non-resident fees, but need-based grant aid up to that limit still makes no sense to me.)</p>
<p>I read yesterday that the NY State SUNY system will increase tuition next year by another $300. This was part of their five-year plan to increase tuition by $300 per year beginning in 2011. Current tuition is only $6,470 compared to UC’s $12,192.</p>
<p>Artloversplus, you can buy a place in Berkeley that rents for $2500 a month and that still has a good return on investment?</p>
<p>Berkeley is pretty tenant friendly. Does that concern you? </p>
<p>$800+ per student is a reasonable price for the student?</p>
<p>dstark
It is a “fix upper”, you don’t think I would buy an “at the market” house for rent, would you? In addition, I would try to flip it before renting it out anyway.</p>
<p>You got me excited artloversplus. I did not think buying a fixer upper or anything else pencils out. </p>
<p>Now I am disappointed. 
I was just in berkeley a few days ago. Looks like prices are thru the roof.</p>
<p>Does anyone know where the UCs are planning to admit the additional 5,000 students it is proposing to add? More students will drive housing prices up higher. Then what, will the housing allowance be increased? I assume that is taken into account with the incremental tuition increases. </p>
<p>destark</p>
<p>In the bay area, the price of the residential real estate(defined as 1-4 units) will not support any rental income without going down to dangerous areas such as Stockton, Oakland, Richmond or Antioch. Not even East Palo Alto. Commercial real estate, you might have a chance, not much, nevertheless.</p>
<p>I am always hopeful. :)</p>
<p>I am going to ask you a question or two in the investment thread.</p>
<p>
</p>
<p>Does the word, Merced, ring a bell? 
</p>
<p>And Riverside. Irvine also has cap space in its master plan.</p>
<p>Admissions at UC Davis stated they planned to increase their undergrad enrollment by an additional 5,000 students within the next 10 years. This was 2 years ago. I haven’t seen it happen yet.</p>
<p>
</p>
<p>That leaves her $25/month for food and phone. How does that work out?</p>
<p>Still can’t get over that 55% IS UC students got free tuition, that is awful lot of students. I know it is in black and white, but can we trust the “OFFICIAL ANNOUNCEMENTS”? Is there an audit?</p>
<p>DW is working as staff for CSU, based on her experiences with the State, I am not sure if the increase in tuition, if it became reality, will be allocated properly, namely increase enrollment as intended…</p>
<br>
<br>
<p>Sorry I don’t see why I would be advocating tax payers to be paying for someone’ s cloths, cable tv, internet, and cell phone plan.</p>
<br>
<br>
<p>???</p>
<p>Was someone advocating that?</p>
<p>I was just mentioning that when figuring Housing costs at a UC, looking at rent alone isn’t true “room” costs since there utilities, internet and other costs as well. </p>
<p>I have two nephews at UCLA and their parents are paying a lot more than $425 a month for their housing.</p>
<p>
</p>
<p>How was it paid for before she went to college? Why wouldn’t it be the same source?</p>