Posted inU.S. Education

UCLA changes travel rules, but not before deans’ new luxury expenses

In January, UCLA issued new travel guidelines and circulated them among its deans and executives. The guidelines add restrictions on spending that go above and beyond the policies that govern all University of California campuses.Prayitno/Flickr Even after UCLA was publicly exposed and criticized for approving lavish travel and entertainment expenses by its top academic officials, […]

Posted inU.S. Education

UC responds

The University of California responded to our story, which also was published in partner publications in a condensed form. To the editors: While the University of California appreciates the attention that the Center for Investigative Reporting recently gave to the UC endowment, I would like to address its shortcomings.  First, the limited scope of the […]

Posted inU.S. Education

UC endowment has worst investment returns among largest US college funds

The University of California’s $11.2 billion endowment has produced the worst investment returns of any of the richest colleges in the country over the past decade, an analysis by The Center for Investigative Reporting shows. From the 2004 through 2013 fiscal years, the investment payout for the UC endowment ranked last among the 10 U.S. universities […]

Posted inU.S. Education

How we calculated universities’ endowment performance

The Center for Investigative Reporting’s analysis of the University of California’s endowment performance focused on the 10 U.S. universities with the largest endowments, based on data compiled by the National Association of College and University Business Officers. Investment performance data was obtained directly from each university.  CIR obtained weighted returns for the system’s individual campuses and […]

Posted inU.S. Education

A tale of two transitions to Common Core education standards

Second-grade teacher Claudine Phillips works with one of her small reading groups at Roscomare Road Elementary in the affluent Bel Air section of Los Angeles.Pat Wingert/The Hechinger Report LOS ANGELES – A half-dozen children are gathered around a table for small-group reading day in Claudine Phillips’ sunny second-grade classroom at Roscomare Road Elementary in the […]