Although it commenced on an optimistic note yesterday, a meeting between Vice Chancellor, Professor Jacob Opadeyi and workers of the University of Guyana ended in discouraging mode.According to reports, nothing new was disclosed at the meeting thus workers were unimpressed. They said that there is still no concrete output from the Vice Chancellor?s leadership and there is no clear directional plan.?We were told nothing new at the meeting and it is clear that he is still learning the University?s system,? said Vice President of the University Senior Staff Association (UGSSA), Dr. Melissa Ifill.She said, too, that it is the view of the University?s Workers Union (UGWU), that the meeting lacked expected details such as a financial road map to extricate the institution from its existing challenges. There was also no mention of an enhanced policy assurance proposal, said Dr. Ifill, who noted that there was no definitive financial sustainability plan that would serve to avert future delayed payment of salaries.Yesterday?s meeting followed on the heels of a request from the Union after workers were last month denied payment of salaries on the stipulated date, an occurrence said to be nothing new to the institution.At a recent emergency press conference it was revealed that in addition to late salary payments,Matt Joyce Jersey, the University has not been making payments towards workers NIS, PAYE, pension and other contribution dues.In light of the unacceptable outcome of yesterday?s meeting, the Union now has plans to engage in discussions with the university?s negotiating team with a view to addressing the concerns of the workers.At an earlier forum President of the UGSSA, Dr. Pat Francis, suggested a Government bailout as the way forward for the University.Alluding to the ever growing financial crisis of the tertiary institution, the UGSSA President made reference to a revolving student loan fund which was established by Government several years ago. Although designed to accrue interest to aid the functioning of the university, she noted that this has not been the case since a lot of students have not been repaying their loans.However,Detroit Tigers Omar Vizquel Jersey, the financial challenge should not be one placed on the shoulders of the University. According to Dr. Francis, ?This (Students? Loan) Unit only sits at the University but is not part of the University?s administration responsibility…?She explained that ?somehow or the other in the accounting done in the budget it is placed in there as though it is, but it really is not…so the University finds itself where it is underfunded for many years.?This plight remains, according to her, despite the fact that the Students? Loan system was put in place to alleviate the very problem that exists.?We have been going into debt little by little; even our pension. The Actuary had determined several years ago that significant money should have gone into taking us out of a hole but we headed to some kind of bad situation…They have never honoured that so over the years the debt has grown until we are in this terrible state,? Dr. Francis lamented.It was this development, according to her, that had prompted the Government itself to start questioning the efficiency of the University?s operation. As such she expressed her belief that ?at this point regardless of what the auditors find,Los Angeles Angels of Anaheim Cameron Maybin Jersey, the debt that has been built up over the years has to be written off.?This is necessary,Travis Shaw Jersey, Dr. Francis noted, if Government ?really wants to give this Vice Chancellor a chance. They will have to write off that debt and then they will have to put money into this University at various levels.?But addressing the various concerns at the University of Guyana requires a holistic approach and not merely a Government bailout, said Minister of Education, Priya Manickchand.She said that the ?easiest thing to do would be a bailout but that is not going to solve the issues that caused the University to be indebted in the first place…it is far more than a bailout that is needed.?The Minister?s disclosure was forthcoming when she addressed a press conference on Thursday at the National Centre for Education Resource Development. She disclosed, then,Neftali Feliz Jersey, plans to meet with officials of the University yesterday.But according to her it is imperative that moves be made at the tertiary institution to ?divorce ourselves from every other agenda ? political,Houston Astros Josh Reddick Jersey, social…and aggressively address the issues that UG has, so that we can sustain the kind of University that Cheddi Jagan envisioned and the kind that many of us matriculated from.?The Minister alluded to the work of Consultant Trevor Hamilton and Associates which was tasked with conducting a consultancy titled:*Review and Enhancement of the Regulatory Framework for the Improvement of Operations at the University of Guyana.With funding from the Caribbean Development Bank (CDB), the consultancy was aimed at enhancing the University?s capacity to carry out its daily operations and to boost its effectiveness to function as a national tertiary education institution in the 21st Century.The consultancy has since produced a final report which outlines what should be done to enhance the operation of the institution.