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UC Berkeley libraries saved with influx of cash

“UC Berkeley’s troubled system of two dozen libraries will receive a yearly infusion of cash under a new plan that is nothing short of a rescue mission for the intellectual centerpiece of the great university. The plan will pull in about $6 million a year in new money from a variety of sources, some of it still undetermined. The libraries – known collectively as “the Library”- will also shave $2 million from their costs by drawing down on reserve funds and becoming more efficient.” (via SFGate)

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