California university leaders are warily watching a tuition freeze plan that would cost the schools — and students — dearly if voters reject November’s state tax initiative. Legislators were scheduled late Tuesday to debate the proposal, which would give $125 million each to the University of California and California State University systems in 2013. But the universities would lose that money if they raise tuition for the 2012-13 school year or if the tax initiative fails… If voters reject the November tax initiative, the universities would lose the $125 million boosts and each see their budgets cut by up to another $250 million. The cuts would likely lead to double-digit percentage tuition increases for the spring terms.

Read full article [here].
by Matt Krupnick, The San Jose Mercury News.

Posted: June 26th, 2012, by: admin. Categories: . Awaiting Comments.