Regents to Discuss (Not Enact) Possible Future Tuition Increases at May 16 Meeting
Excerpts from the Fresno Bee:
University of California students could face significantly higher tuition if the state doesn’t increase funding and voters reject the governor’s tax initiative, school administrators said Tuesday. Under one scenario, the 10-campus system would raise tuition by 6 percent this fall if the state doesn’t increase funding by $125 million for 2012-13, according to a document posted online ahead of next week’s UC Board of Regents meeting. The university would need to consider a mid-year tuition increase in the “range of double digits” – or make drastic cuts to campus programs and staffing – if voters don’t pass Gov. Jerry Brown’s tax plan in November, officials said.
…Board members are scheduled to discuss ways to raise revenue and cut costs when they meet in Sacramento on May 16. No action on tuition is expected until July.
…If UC approves the 6 percent hike, tuition for in-state undergraduates would rise $731 to $12,923, nearly double what students paid five years ago before the financial crisis began. That figure doesn’t include room, board or roughly $1,000 in campus fees.
The Regents document to which this article refers is at:
http://www.universityofcalifornia.edu/regents/regmeet/may12/f8.pdf
[youtube=http://www.youtube.com/watch?v=5akEgsZSfhg&w=320&h=195]
UPDATE: The San Francisco Chronicle has a similar story and notes that the “May Revise” of the governor’s budget proposal will be made public on May 14, two days before the Regents meet:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/05/09/MN421OF6QV.DTL