Students Demand Columbia University Divest $8 Million from CCA, Private Prison Industry
A group of students entered the offices of Columbia University President Bollinger monday morning to deliver a letter demanding an end to the university’s $8 million dollar investment in Corrections Corporation of America (CCA), GEO Group, and a number of other corporations involved in the private prison industry.
The student activists, according to their press release, launched Columbia Prison Divest:
Wishing to hold their university accountable to its commitment against discrimination, and visited the President’s office hoping to discuss how these kinds of investments were affecting their own communities, which are communities of color, LGBTQ, international and working class communities, disproportionately represented in prisons.
The student-led campaign has advanced three core demands:
- Columbia divest all shares from private prison giant CCA, the British multinational security services company G4S, and the second largest private prison company in the US, the GEO Group;
- Columbia’s fund managers reach out to 36 specific companies in which the university is invested —which collectively over two thirds of CCA and the GEO Group — insisting that they too divest from these private prison giants;
- Columbia provide fully disclose its investments — information on only 10 percent of which students can access — to the university community.
They’ve requested that President Bollinger respond by this Friday, Feb 7.
Contact Columbia Prison Divest: firstname.lastname@example.org