The University of California says it has sold off investments in three large prison companies after pressure last month from black student organizations -- but it's a move that's largely fiscal rather than the symbolic statement against prisons that the Afrikan Black Coalition wants to see.
Earlier this year, black student unions across California voted to call on the UC system to divest in companies supporting prisons and mass incarceration.
“We’re coming from a moral and ethical perspective," says Anthony Williams, ABC's communications director for the Prison Divestment Campaign.
The ABC, which represents student unions across UC campuses, met with UC staff, which was "very open" to hearing from the students, he says.
The UC Office of the President has confirmed that it has sold almost $30 million in shares from three companies: Corrections Corporation of America, Geo Group Inc. and G4S.