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Monday, August 22, 2011

Cal State Fullerton Proves Once Again They Know How to Waste Millions!


 FULLERTON - The Orange County Register is reporting that Cal State Fullerton has spent $143-million to add student housing and a cafeteria for 1064 additional students.  That figure does not include the cost to float the initial $143-million bond which could cost students and taxpayers $250-million.  That works out to about $235,000 for each bed or $470,000 for a small bedroom with no kitchen.   Students need the housing but the cost seems too high. 

This is the epitome of big government waste but its nothing new to CSUF who pays their president, Milton A. Gordon, $294,615 (not including benefits and perks).  Gordon lives in a donated mansion on a sprawling estate in the Fullerton hills.  Living rent free, he still commands a massive salary while students and taxpayers get stuck with the bill. 

CSUF, like other universities, allows faculty top enter an early retirement program.  The program allows full-time faculty to retire early and continue to work part-time.  It sounds good on paper but the practice means we, the taxpayers, are paying extra for less.  The retiree also immediately qualifies for FREE parking while other part-time employees must pay to park their car at their work. 

The long list of CSUF wasteful spending continues to grow as does the cost of tuition.  If CSUF students and their families want to lower tuition, they need to hold the CSUF administration responsible. 

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