Originally published in the Spring 2016 issue of FaultLines.

On November 30, 2015, the UC-wide coalition of black student organizations, Afrikan Black Coalition (ABC), demanded that the UC system divest from its investments in private prisons because these prisons turn “Black, brown, and immigrant bodies into a profit under the guise of rehabilitation.” On December 18, 2015, the Daily Cal reported that the University of California officially “sold approximately $25 million worth of investments in private prison corporations.” According to an ABC press release, UC Chief Investment Officer Jagdeep Singh Bachher stated that “he would partner with the Afrikan Black Coalition and has pledged to inform each UC Chancellor and financial institutions…about the UC’s decision to sell all holdings in private prisons.” Following Columbia University’s 2013 decision to divest from private prisons, the University of California is the second educational institution that sold off its shares in the private prison industry due to ethical and sustainability concerns.

For more information: afrikanblackcoalition.org