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Then again, if they did, I'd think twice about taking any business courses at UBC... |
No one said the parking revenue accounts for the principle source of funding for any faculty. There isn't enough money, however It accounts for a part of the monies needed to maintain departments. Campus securities, plant ops, trek 2000 program, ubc bus passes are all funds that revenue generating departments support because those departments generate no revenue. The money generated from parking is consistent because most people 95% pay for parking and have monthly passes. The revenue generated from fines and enforcement is very miniscule. |
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god i love transit (to SFU) |
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How the hell is ubc even remotly public anymore? maybe when the NDP was running it In 2001-02, UBC had one of the lowest undergraduate tuition rates in Canada, at an average of $2,181 CAD per year for a full-time programme. This was due to a government-instituted tuition freeze. In 2001, however, the BC Liberal party defeated the NDP in British Columbia and lifted the tuition freeze. In 2002-03 undergraduate and graduate tuition rose by an average of 30%, and by up to 40% in some faculties. This has led to increased enrollment and better facilities, but also to student unrest and contributed to a teaching assistant union strike. UBC again increased tuition by 30% in the 2003-04 year, again by approximately 15% in the 2004-05 season, and 2% in the 2005-06 and 2006-07 years. Increases were lower than expected because, in the 2005 Speech from the Throne, the government announced that tuition increases would be capped to inflation.[11] Despite these increases, UBC's tuition remains below the national average and below other universities in the regions. In 2006-07, the Canadian average undergraduate tuition fee was $4347 and the BC average was $4960.[12] UBC tuition for 2007-2008 is $4,257 for a Canadian student in a basic 30-unit program, though various programs cost from $3,406 to $9,640, and Dentistry and Medicine cost $14,566. Tuition for international students is roughly four times as much.[13] |
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And what happens if tomorrow, suddenly everyone decides to start following the parking regulations? Answer: that revenue stream dries up instantly. What does that negatively impact? Answer: nothing, because fine revenues are "gravy" at best - no accountant with half a brain would make part of any budget reliant on them, because they're never guaranteed. There are some income sources that can be counted on. Fines aren't one of them. |
Update in today's Province: http://www.theprovince.com/news/orde...548/story.html Quote:
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^ above, hmm, i'm waiting for my cheque. come on pay up. |
i think i forgot to op in on the lawsuit.... do i still get a check? |
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Fail. |
Awesome. The worst thing is about UBC parking is their shitty attitude. Patrol and staff. Hope they all lose their jobs as well. |
sweet. here comes a $400 paycheck from UBC lol |
IMO UBC has the right to charge an arm and a leg on their endownment lands...cause the land IS worth a lot. Yeah so the students are already broke as shit..they should subsidize it a bit...but anything from $6-8 dollars a day should still be fair game. However, their punishment isnt justified. |
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i am happy to see that some people are getting there money back though no matter how little it may amount to be....and not so happy about some who may get money back....but just remember 4 million has to come from somewhere and who do u think will end up having to repay that money? probaly the students or maybe they will riase parking, or hault funding to new buildings or cut funding to the upass.... you would be amazed how much of the parking money goes back into ubc buildings and programs to keep costs down for students |
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lol you gotta be kidding me, when I was in UBC, my course fees went up by at least 60% in 3 years + they started adding a bunch of new "fees" to my tuition every year. And a few millions is nothing to them, considering they made a shit load of money selling houses in the last few years So is UBC gonna stop issuing tickets from on? |
Is the Pope Catholic? Of course they are. Scott Mcrae (UBC Affairs) was on yesterdays news saying they will appeal. I would also not put it past them to amend their parking act under "Private" in the future and operate like Impark. In fact I think he mentioned this in the interview. What UBC did wrong was operate like a city or municipality when they had no right to do so. I have lots of problems with how UBC has "clear cutted" Southlands and everywhere else. If you go down to South Campus you will see a facade of trees lining 16th and the UBC Highway. They left a thin line of trees and just clear cut everything inside. This is how UBC Operates. Not to mention the incredible amount of Housing they have built for Profit. They have sold out the institution IMO. <end rant> |
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Here is the biggest scam I learned about when I was there: a.) UBC wanted to redevelop land to get development cashflow from luxury properties in campus. b.) GVRD laws do not allow increase in vehicular traffic. Without somehow keeping the # of vehicles going to/from campus everyday constant, UBC wouldn't be allowed to redevelop the land. c.) So, UBC needed to cut down the # of cars driven by kids into the campus, so that when rich people started driving from their new luxury homes, the net change in cars would be ZERO. d.) U-Pass was implemented - development plans A-OK! I'm not sure if this applies to SFU, but given their huge spate of residential development on top of the mountain before I moved away from Vancouver, I wouldn't be surprised either. |
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The main reason our fees went up in that spike was because the previous NDP government back in 1999? imposed the tuition freeze on ALL faculties. The problem with this was two-fold. Firstly, market conditions dictate talented instructor's wages. It is the University's job to try and recruit the most prominent researchers in their respective fields (e.g. people who are constantly publishing new journals and are on the cutting edge of their research field). To do this, you need to pay them competitively or other richer universities will bag them with offers of higher salary, or their own laboratory, etc etc. So while income from students was constant, its quite believable that the costs of maintaining faculty ballooned - representing an increasing debt margin. Secondly, you also have the costs of running the school, be it building maintenance etc etc. The income from Parking is actually quite trivial compared to the actual amount needed to run all of UBC, which back in 2004 was about $1B CAD. After finishing the new Thunderbird Parkade, the Department as a whole was $17M in the hole. |
The 1 thing I believe is that the only ppl who will put ur interest before theirs are 1) ur parents and 2) urself. Therefore, I strongy believe that the univeristy is doing things in the best interest of the students AFTER their interests are met.. |
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