Yesterday, it was CSU's turn to raise tuition. Apparently, today is the UC's turn:
University of California regents today voted to raise tuition by about $1,070, sending the total cost to $12,192 for the upcoming school year.
After a recently approved $650 million cut in state funding, UC regents said they had no choice but to raise tuition to close about a quarter of the system's $1 billion budget deficit. When combined with a previous hike, tuition will be 18 percent more -- about $1,890 -- in fall 2011 than it was in fall 2010. Each campus also charges undergraduates about $1,000 in additional fees. (SacBee)
The university systems are both on the hook for another $100 million in the triggered cuts if we don't reach the higher, hopeful, revenue figure. By the way, the Controller announced today that we aren't actually $230 million behind where we need to be, but $85 million, because somebody forgot to tally a big check from the unclaimed property account.
That being said, the discussion about the additional cuts was bumped until a later date, but don't be shocked if more increases aren't on the horizon.
One vote against the increase: LG Newsom.
"The biggest threat to our democracy is income inequality, the loss of the middle class," Newsom said. "And here we are once again, putting the nail in the coffin of the middle class. That's exactly who gets hurt in this debate." |
