Despite wrangling with what officials deemed its ``worst financial crisis in history,'' the University of California announced Wednesday that it has allocated $140 million to use for faculty pay raises.
47744
University of California pay raises:
148587
Pension funding levels fall due to economic uncertainty
64982
Foundation Center focuses on the Economic Crisis;
79862
Berg raises over $650,000
71782
Union considers concessions because of city budget woes
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Cash paves way for academy
107400
Students protest against funds'' misappropriation
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University facing £35m shortfall
40635
California school districts misspent millions
32649
Global crisis may worsen income inequality:
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Caltrain declares fiscal emergency
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Bank of America raises $12 billion
107435
Teachers awarded millions in compensation for work accidents
74548
Private universities spend twice as much as publics on teaching
390
Student debt stretches to record number of US households
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Some teachers will get raises
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Vice-chancellor criticises under funding of higher education