Who Will Bail Out UC?
The parking of a Hummer belonging to Lipstick Bail Bonds (slogan: “Kiss Jail Goodbye”) at the UCLA med center recently raises the issue of who bails out UC if the governor’s tax extensions-resumptions don’t pass. Students, apparently, will be the answer:
UC tuition might jump 32% if tax proposal fails, official says
UC President Mark G. Yudof tells regents that this fall’s 8% tuition increase may be dwarfed by an additional 32% midyear hike if Gov. Jerry Brown’s plan for tax extensions is not approved.
By Larry Gordon, Los Angeles Times
May 19, 2011
Reporting from San Francisco — University of California officials warned Wednesday that the 8% tuition increase UC students already face this fall may be dwarfed by an additional 32% midyear hike if Gov. Jerry Brown’s plan for tax extensions is not approved…
Basic tuition for UC undergraduates who are California residents is scheduled to rise 8% to about $11,100 this fall, not including room, board and other fees. (UC President) Yudof promised that the university would not seek a midyear increase if its reduction in state funding remains, as it now stands, at $500 million. The additional 32% hike would bring tuition to about $14,800 a year and surely spark student protests.
The threat of such an increase is partly intended to influence debate in Sacramento…
Full story at http://www.latimes.com/news/local/la-me-0519-uc-regents-20110519,0,1561248.story