The RoanokeSlant

This file is a personal journal of commentary of examples of the Roanoke Times and Liberal Media Slant. lbhagen@aol.com

Sunday, August 28, 2016

 

UVa Slush Fund: $1.0 Million Per Day For 2200 Days = $2.2 BILLION

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Roanoke Times, 8-27-2016, Pg 1,4:  UVa leaders pledge to rethink $2.2 BILLION fund
8-28-2016, Pg 6:  UVa In-State Tuition UP 430% in past 25 Years
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UVa leaders tell the Va Legislature that they did nothing wrong in secretly establishing a $2.2 BILLION Slush Fund and hiding that astounding fund from the Board Of Visitors and everyone else.
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How big is $2.2 BILLION?
The UVa “management” could have done the following:
Hide $1.0 Million Per Day for 2200 days equal to 6 years.
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We the public do not know how much per day for what time frame this incredible sum of money was squirreled away.
It’s a “Public” University but the taxpayers, voters, Legislators and the tuition payers “don’t have a need to know” about little things like this.
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In addition to that feat, the UVA “management” has raised in-state tuition by 430% during the past 25 years.
That’s way more than double the impact of inflation!
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Apparently all this is OK with everyone concerned, especially the Pravda Media.  After all, the Hillary-Bernie plan is to have the taxpayers pay-off all the accumulated student debt and pay all the future tuition's.
What could possibly go wrong with that plan?
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We’re only $20 TRILLION in national debt with Social Security, Medicare, Medicaid, and ObamaCare all on a glide-path to apocalyptic Bankruptcy.
ps: Why are the Democrats mocking Trump for his Bankruptcies when they have driven the entire country into “money-printing-Bankruptcy"?
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RT:  Casey: Virginia state schools are unaffordable for the middle class
In recent decades, tuition and fees at Virginia state universities have grown so quickly that they now unaffordable for many middle-class Virginians. The costs at the University of Virginia provide a good illustration.

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UVa Bureaucrats Throwing The Anti-FOIA Blanket Over Their $2.2 BILLION Slush Fund
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The Massive UVa Hidden $2.3 BILLION Slush Fund In Perspective
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UVa Slush Fund Highlights Massive Cost Of College And Out-of-control Administrations

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