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Friday, May 20, 2011

Who Will Bail Out UC?

The parking of a Hummer belonging to Lipstick Bail Bonds (slogan: "Kiss Jail Goodbye") at the UCLA med center recently raises the issue of who bails out UC if the governor's tax extensions-resumptions don't pass. Students, apparently, will be the answer:

UC tuition might jump 32% if tax proposal fails, official says

UC President Mark G. Yudof tells regents that this fall's 8% tuition increase may be dwarfed by an additional 32% midyear hike if Gov. Jerry Brown's plan for tax extensions is not approved.

By Larry Gordon, Los Angeles Times

May 19, 2011



Reporting from San Francisco -- University of California officials warned Wednesday that the 8% tuition increase UC students already face this fall may be dwarfed by an additional 32% midyear hike if Gov. Jerry Brown's plan for tax extensions is not approved...

Basic tuition for UC undergraduates who are California residents is scheduled to rise 8% to about $11,100 this fall, not including room, board and other fees. (UC President) Yudof promised that the university would not seek a midyear increase if its reduction in state funding remains, as it now stands, at $500 million. The additional 32% hike would bring tuition to about $14,800 a year and surely spark student protests.

The threat of such an increase is partly intended to influence debate in Sacramento...

Full story at http://www.latimes.com/news/local/la-me-0519-uc-regents-20110519,0,1561248.story

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