UC Approves 9.6% Tuition Hike
(SAN FRANCISCO) The University of California Board of Regents has has approved a plan to raise student tuition by an additional 9.6 percent for the coming school year in response to a steep reduction in state support.
The tuition hike comes on top of a previously approved 8 percent increase.
Tuition for in-state graduate and undergraduate students would increase $1,068 to $12,192 a year, which doesn’t include room, board and roughly $1,000 in campus fees.
One-third of the estimated $216 million in new revenue would be used for financial aid.
UC officials say the tuition increase is needed because the 10-campus system lost $650 million in state budget cuts.
The last-minute hike has fueled a push for legislation creating a warning system to give students at least six months notice before raising tuition.
Ana Tintocalis has that report on today’s California Report: