Several young people sitting around a large table in a meeting room while others are standing in the background watching. — Honorable Superior Council of the National University of Córdoba (UNC) | La Derecha Diario

Camara — Honorable Superior Council of the National University of Córdoba (UNC) | La Derecha Diario

UNC supports a law that threatens the fiscal surplus achieved by Milei

The university supports an initiative that could compromise the balance of public accounts achieved by the government

30/05/2025 17:19:00h

Editorial Team

The Universidad Nacional de Córdoba (UNC) expressed its support for the new University Financing Bill presented in Congress. The initiative proposes to progressively increase the university budget until it reaches 1.5% of GDP by 2031. It also includes salary adjustments and the creation of an annual fund for strategic degree programs.

The Honorable Superior Council of UNC unanimously approved support for the bill and called on Córdoba's legislators to back it. Rector Jhon Boretto emphasized that the proposal arises from a multisectoral consensus among universities, unions, and students. The aim is to guarantee the sustainability of the public university system in light of the critical budgetary situation.

Among the central points of the bill are the adjustment of operating expenses according to INDEC's CPI and the increase of student scholarships. The bill also proposes to call for salary negotiations based on accumulated inflation since December 2023. These measures seek to shield the university system from the fluctuations of fiscal policy.

Two-story white building with columns and palm trees in front under a blue sky

Argentina Pavilion, National University of Córdoba | La Derecha Diario

The fiscal impact of the new bill

In 2024, President Javier Milei rightly vetoed the University Financing Bill approved by Congress. He argued that the initiative lacked adequate budgetary planning and required additional resources that would affect fiscal balance. The president repeatedly emphasized that the surplus is non-negotiable.

According to a report by the Congressional Budget Office, that law implied a fiscal cost of 0.14% of GDP, equivalent to $738,595 million. The Government maintained that giving in to spending demands without real financing would be a return to structural deficit. For this reason, it remains firm in its commitment to balanced public accounts as the central axis of its administration.

Curly-haired man in a dark jacket raising his fist with a smiling expression in front of a historic building

Javier Milei, president of Argentina | La Derecha Diario

An irresponsible stance by Córdoba's higher education institution

UNC's support for this new bill reflects a position that supposedly prioritizes strengthening the public education system. However, the national Government warns that this initiative could compromise the fiscal balance achieved. President Milei keeps that keeping the surplus is essential for the country's economic stability.

The debate over university financing presents a dilemma between guaranteeing the sustainability of the education system and preserving fiscal discipline. The Government insists that giving in to sectoral pressures could undo the progress made since December 2023. The challenge is to move forward with deep reforms without falling back into fiscal populism.

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