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Sunday, March 2, 2025

No Sugarcoating

From EdSource:

UCLA could be at risk of losing more than $1 billion if the Trump administration follows through on threats to withhold funding from colleges that continue any race-based programs, the university’s chief financial officer said Thursday. The campus receives about $900 million in direct federal funding for “a range of contracts and grants” and another $200 million for overhead, said Stephen Agostini, UCLA’s chief financial officer, during a virtual town hall Thursday. UCLA held the town hall to discuss federal policy actions and their impacts on the campus... “There’s really no way to sugarcoat it,” he said...

Full story at https://edsource.org/updates/ucla-says-more-than-1-billion-at-risk-if-feds-withhold-funding.

As blog readers will know, various figures were thrown around at the town hall and at other times without precise identification of what they applied to. But it's a lot of money, whatever it is.

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