Faced with a state budget crisis, the University of California system on Thursday began examining a possible tuition increase up to 16% in fall 2012 and continuing that increase over the following three years, nearly doubling tuition, if state funding is flat… The regents discussed potential four-year scenarios Thursday and decided to report back to the chairman in 10 days about alternatives to tuition hikes, said Dianne Klein, spokeswoman for UC President Mark Yudof. Those ideas, broached in Thursday’s meeting in San Francisco, include holding a ballot initiative to raise taxes, raising revenue from the private sector for scholarships, organizing a public service campaign financed by Google or another firm about the UC system’s contribution to the state, and working with state lawmakers on securing more public funding, Klein said.

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by Michael Martinez, CNN.

Posted: September 15th, 2011, by: admin. Categories: . Awaiting Comments.