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Every college has its brag sheet. But the University of California has taken it to a whole new level with a 123-page report of exhaustive detail on jobs created, research performed, start-up businesses launched, tax dollars generated and students served.
The report, released Tuesday, may not have the most lyrical title: The University of California Systemwide Economic, Fiscal and Social Impact Analysis. The data are mind-numbing: What does it really mean to say that “UC-related spending delivers substantial economic and fiscal impacts annually to the state, generating $82.1 billion in economic output, $55.8 billion in value added (2% of GSP), $37.6 billion in labor income, and $4.2 billion in state and local tax revenue”?
Study: California Has Work to Do to Meet Its Emissions Goals
A new report by Next 10, a California-based organization charged with researching the state s greenhouse gas emissions, anticipates the Golden State is not on course to meet state-mandated goals. California Capitol Building. A new report by Next 10, a California-based organization charged with researching the state s greenhouse gas emissions, anticipates the Golden State is not on course to meet state-mandated goals. Shutterstock/Wallentine
The nation’s most populous state appears to be backsliding on its goals to reduce greenhouse gas emissions.
A new report by the nonprofit and nonpartisan group Next 10 found that California emissions increased slightly in 2018, compared to 2017, the first increase since 2012, making it all the more difficult for the state to reach its 2030 emissions reduction goals.
Biden’s Debt Forgiveness Plan Would Help Millions of California Students
Millions of Californians could get one of the biggest transfers of money in this country’s history as lawmakers and the incoming president duel over competing plans to rid the nation of ten of billions of dollars in student debt.
If President-elect Joe Biden follows through with his campaign promise to forgive $10,000 in federal student debt, as many as 1.3 million Californians could see the balance on their federal college loans totally wiped out.
The plan, which would make good on a once fringe progressive goal of student forgiveness that’s gone mainstream in the past five years, would benefit a total of roughly 3.9 million Californians who combined owe $140 billion in federal loans used to pay for college.
FAIRFIELD-SUISUN, CALIFORNIA
Rob and Katerina Krumwiede, with daughter Sophie, at their new home in Calabasas, Calif. (Luis Sinco/Los Angeles Times/TNS)
The housing market is red hot. How long can it last?
Katerina Krumwiede wasn’t looking to move.
She and her husband, Rob, recently spent “well over” $100,000 on a complete remodel of their Encino house that added a backyard gazebo, custom kitchen countertops, new roof and imported bathroom tiles from Spain.
But Krumwiede, 40, said the single-story house still lacked quiet space – a drawback when the Covid-19 pandemic hit and she had to work from the master bedroom if she wanted to escape the sound of her husband’s frequent video calls.