University of Miami

George W. Bush and John Kerry during the 2004 presidential election. The debate, moderated by Jim Lehrer of PBS NewsHour, was held on the University of Miami campus inside the Watsco Center. It drew 62.5 million viewers.
In February 2006, University of Miami custodial workers, who were contracted to the university through a Boston-based company, alleged unfair labor practices, substandard pay, lack of health benefits, and workplace safety concerns. They launched a strike that drew support from several University of Miami students, who began a hunger strike and on-campus vigil in support of it. The strike settled May 1, 2006 when a card count union vote was permitted and led to establishment of the first collective bargaining unit in the university's history. The university raised wages for its custodial workers from $6.40 to $8.35 per hour and provided health insurance.
In 2008 and 2009, partly stemming from the Great Recession, the university endowment experienced a loss of 26.8% of its capital and additional …