Another Scandal from the UC Regents

Via Berkeley Daily Planet

The UC Regents have been exposed for increasing their investments in two for-profit universities–colloquially known as “diploma mills”– after former Chair of the Regents Richard Blum increased his investments in those ventures. Not only is this a severe and potentially illegal conflict of interest, but it means that decisions like increasing UC tuition and cutting enrollment would actually enrich Regent Blum and the UC investment fund. With reduced opportunities to go to affordable public higher education institutions, students opt to go to for-profit diploma mills. Think about that the next time the raise fees.