Springfield, 2012
In addition to private donations, research grants and student fees, bonds make up a large portion of funding for construction projects at the University of California, California State University and community college campuses. A variety of bonds are being used to pay for these projects, representing money that must be repaid in equally diverse ways.
In “Public universities plow ahead with construction despite tight budgets,” reporter Jon Marcus writes about bond-funded construction sprouting up on campuses across the state and the general confusion surrounding bond money.