Puerto Rico is known as a fiscal paradise targeted at the rich. But let’s not get into that right now. Instead, let’s show the educational crisis happening, especially in the public university system. In fact, the University of Puerto Rico has been a subject of major financial cuts over the years. Since former President Obama established the bill known as Puerto Rico Oversight, Management, and Economic Stability Act or PROMESA.
This bill’s sole purpose was to help the island diminish its debt of $78 billion. But it shows from time to time those who are greatly affected are the working class. Prices in food, utilities, education, and more have risen to a disparate level.
One of the opponents of the bill at the time, Senator Bill Menéndez, said, “I’m afraid this bill provides little more than a Band-Aid on a bullet hole with regard to Puerto Rico’s unsustainable debt. Mark my words — if we don’t seize this opportunity to address this crisis hastily, we’ll be right back here in a year from now, picking up the pieces.”
Tearing Down The University
Furthermore, the ex-president of the University of Puerto Rico (UPR), Jorge Haddock and Governor Pedro Pierluisi showed their opposition to a budget cut. If the budget cuts stand, the university will lose $500 million in funding. Haddock, who was demoted from chair this past July argued against the cuts. He emphasized that the University would not be able to meet all of its obligations if the cuts went through.
Recently, one of the campuses located in the town of Utuado is making headlines around the island. This campus specializes in agriculture, which is a dying art in Puerto Rico.
Interim President, Mayra Olavarria, assured this past Friday that Central Administration doesn’t have any plans of closing the campus.
“We have seen and heard over the past few days in various media and on social networks information from unauthorized sources that assure that the closure of the Utuado Campus of the UPR is approaching. That information is completely false”.