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State universities tap student fees for unintended projects

Apr 4, 2010 3:00:00 AM - latimes.com
UCLA is using some student money for Pauley Pavilion; Cal State Sacramento is using such money to cover a bad investment.

While California universities have faced round after round of crippling budget cuts and protests against increased fees have flared on campuses, administrators have tapped funds meant for classrooms and students to cover some extraordinary costs: losses on ill-timed real estate deals, loans to high-ranking officials and an ambitious construction project.