Yudof’s attention to the no-tuition proposal developed by UC Riverside students is extraordinary because he and the regents have come to depend on hefty annual tuition increases to make up for much of the funds they no longer receive from the state. UC receives slightly more than $2 billion from the state’s General Fund, about $1 billion less than it had been getting in recent years. Lawmakers cut $750 million from UC’s budget this fiscal year alone… Instead of paying tuition – currently at $12,192, not including mandatory fees, room, board or books – the “UC Student Investment Proposal” would require that students commit to paying 5 percent of their annual income for 20 years after graduating.

Read full article [here].
by Nanette Asimov, The San Francisco Chronicle.

Posted: January 18th, 2012, by: admin. Categories: . Awaiting Comments.