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WHEN THEY CAME UP FOR A SOLUTION FOR FAST MEDIA NETWORKING IN HOMES IN 2001 THEY STARTED
TO BUILD A BUSINESS AROUND THE COMMUNICATION AND NOW TROPICS COMMUNICATIONS PLOYMENTS 320
PEOPLE. MORE THAN 200 IN SORENTO VALLEY. THEY RELIED ON CONNECTION TOTZ UNIVERSITY TO GET
STARTED AND TO GROW. >> THE EDUCATION THAT UC GAVE ME AND OTHERS IN THE COMPANY WAS IF I
NOMINAL. IT WAS A GROUNDING IN THE BASICS OF COMMUNICATION THEORY. YOU CAN SEE THAT THROUGH
OTHER COMPANIES FOUNDED LIKE QUALCOMM AND OTHER COMPANIES IN SAN DIEGO. >> THE UNIVERSITY
OF SAN DIEGO SYSTEM HAS SEEN SIGNIFICANT CUTS IN THE PAST FIVE YEARS. THIS YEAR THEY LOST $650
MILLION IN STATE FUNDING. IF THEY DON'T MEET AMBITIOUS TARGETS SET IN SACRAMENTO THEY WILL
LOSE ANOTHER $100 MILLION IN DECEMBER. MUCH OF THE CAMPUS PROWESS RESTS ON 9% FROM STATE
FUNDS. THOSE EMPLOYED DRAW THEIR MONIES FROM STATE MONIES. >> IF YOU TOOK AWAY THE MONEY
OR CUT BACK BY A SIGNIFICANT FRACTION THOSE IMPACT OUR ABILITY TO KEEP THOSE PEOPLE. THIS
IS HAPPENING AT A TIME WHEN OTHER UNIVERSITIES ARE COMING AND GRABBING
OUR FACULTIES. >> PEOPLE LIKE MONK WHO SITS ON AN ADVISORY BOARD WORRIES THIS WILL SQUEEZE
SALARIES THAT UCSD WON'T ATTRACT THE CALIBER OF FACULTY. THIS HAS TURNED THE SCHOOL INTO INNOVATION
THAT SPAWNS AND SUPPORTS COMPANIES LIKE ENTROPIC. >> WE NEED TO TAP INTO THE GRADUATE STUDENTS. THEY'RE
THERE FOR THE QUALITY OF THE PROGRAM AND PROFESSORS. MY CONCERN IS YOU MAY NOT SEE AN ISSUE IMMEDIATELY
BUT IN FIVE YEARS YOU MOST CERTAINLY WILL. >> AS STATE FUNDING HAS DECLINED TUITION HAS
INCREASED. THIS FALL JUST OVER $1200 A YEAR, $1800 MORE A YEAR THAN LAST YEAR. SUPPLYING
SKILLED WORKERS FOR THE HUNDREDS OF BIOTECH AND TELECOMMUNICATION COMPANIES STARTED IN
SAN DIEGO BY UCSD ALUMNI AND OTHERS IS IMPORTANT FOR THE INDUSTRY'S GROWTH. WHILE THOSE JOBS MAKE
UP ABOUT 15% OF SAN DIEGO EMPLOYMENT THEY'RE PART OF A GROUP OF INDUSTRIES WHOSE JOBS SUPPLY
THE BUILDING BLOCK FOR MOST OTHER EMPLOYMENT IN THE COUNTY. >> THEY'RE THE GROUPS THAT PRODUCE
GOODS AND SERVICES INSIDE YOUR REGION, EXPORTED FOR SALE BRINGING IN NEW MONEY. THEY'RE SORT
OF THE DRIVERS IN YOUR ECON MOE. >> *** SAYS THE COMPETITIONNESS COULD FEED TO THE EROSION
OF THE ECONOMIC DRIVERS. >> IT'S RATHER SHORT CIRCUIT. THE ECONOMIC DELIVERY AND JOB GENERATION
PROCESS WE HAVE SPENT SO LONG CREATED. THE LAST 30 YEARS THE EFFORT AND A SUCCESSFUL
ONE. IT'S THAT KIND OF THING YOU MIGHT MAKE SHORT-TERM
DECISION THAT'S HAVE DISASTROUS LONG TERM CONSEQUENCES.