Going Up

We'll eventually catch up with the Regents and recordings of their meeting on tuition today. But the bottom line is that tuition is going up. From the LA Times:

The University of California will raise tuition beginning in fall 2022 after the Board of Regents approved the increase Thursday following prolonged debate and widespread student protests. The 4.2% increase in tuition and fees - $534 added to the current annual level of $12,570 - will apply only to incoming undergraduates next year and stay flat for up to six years for them. Successive undergraduate classes would get a similar deal -one increase tied to inflation in their incoming year with tuition frozen for six years.

The undergraduate tuition increase includes a 2% surcharge for the incoming class next year, declining for subsequent classes until it is phased out by 2026. Graduate student tuition would be adjusted annually by the rate of inflation... UC President Michael V. Drake... oversaw a similar tuition plan at Ohio State University... The regents’ action marked UC’s second tuition increase since 2011 and came after two years of discussion. It was set for a vote last July but shelved with the onset of the COVID-19 pandemic...

Regents retain the ability to revise student charges for any reason at their discretion and will be required to reauthorize the plan in five years under an amendment by Student Regent Alexis Atsilvsgi Zaragoza, who voted against the increase along with Kounalakis, Regent Laphonza Butler and ex-offico regents, Assembly Speaker Anthony Rendon and State Supt. of Public Instruction Tony Thurmond...

Full story at https://www.latimes.com/california/story/2021-07-22/uc-raises-tuition-aiming-for-more-financial-aid-stability.