UCI News

The Orange County Register, Aug. 19, 2022
Amid surging rents, colleges are committing to affordable housing, too
UC Irvine’s newest student housing addition, Verano 8, has all the trappings fit for graduate students to live and work where they study — and it’s priced at a percentage of the market-rate apartments for rent in the area. … Under UCI’s guaranteed housing program, all Ph.D., MFA, and JD students are ensured a living option available to them on campus. With the 1,055 new beds Verano 8 adds to the university, UCI can place more graduate students earning master’s or other degrees, Gillian Hayes [UCI’s dean of the graduate division] said. [Subscription required, campus-wide access provided by UCI Libraries. Sign-up here: https://guides.lib.uci.edu/news/ocregister]

Bloomberg, Aug. 22, 2022
Hidden Price of No-Fee Trading? $34 Billion a Year, Study Says
Last year, five US professors opened two brokerage accounts and placed identical orders to test an algorithm. … And made what they consider an important discovery: They were getting significantly different prices to buy and sell the same shares, depending on which brokerage handled the trade. Extrapolating from the results, they estimate it costs small-time US investors as much as $34 billion a year, said Christopher Schwarz, the finance professor at the University of California, Irvine who wrote the study along with four colleagues.

Arizona Republic, Aug. 22, 2022
‘There’s simply not enough water’: Colorado River cutbacks ripple across Arizona
“The Colorado River is going to continue to decline,” said David Feldman, a professor at the University of California, Irvine and director of Water UCI, an institute that studies water problems facing the nation and the world. He said many of the problems that have arisen from the plunging levels of Lake Mead and Lake Powell will be ongoing. … “The next steps, I believe, should be that each state should figure out a way to get user groups, local governments, water agencies, irrigation districts together in conversations about how they would negotiate targets for prescribed cutbacks based on water availability figures.”

Marketplace, Aug. 22, 2022 (Audio)
Black, Hispanic and poorer families pay the price for being “unbanked”
Low-income families are more than six times as likely as wealthier families to fall into those categories. People of color and low-income people are also more likely to not have a credit score, according to a new report from the Joint Economic Committee in Congress. “Usually people are unbanked or underbanked because they don’t have enough money to have a ‘free checking account,’” said Mehrsa Baradaran, a law professor at the University of California, Irvine. “Most checking accounts have a minimum account balance, which, if you go under, you will get charged.”

Washington Examiner, Aug. 22, 2022 (Opinion)
Opinion: Four things I want to know about the origin of COVID
Andrew Noymer, associate professor of public health, epidemiologist, and medical demographer at the University of California, Irvine, writes: “A recent article in the academic journal Science has attracted attention for its detailed modeling of the initial post-emergence of the virus SARS-CoV-2 and the disease it causes, COVID-19. The authors of this study have touted it as ending the debate about the origins of the novel coronavirus, favoring a zoonosis, or a jump from an animal host to humans without any steps in between. As important as it is to understand the early dynamics of COVID in Wuhan, China, the coronavirus did not spontaneously generate itself in market stalls in Wuhan, nor does the Science article suggest otherwise.”

Previously “In the News”