Ouch! Another UC tuition hike approved by Board of Regents

The $1,070 increase comes on top of a previously approved hike and brings tuition for undergraduate and graduate California residents to $12,192. That's a jump of $1,890, or 18 percent, from last year. A $650 million cut in state funding of the UC system led to the move. From Capitol Alert:

Regents said they were unhappy about raising tuition but they felt compelled to do it to preserve UC's academic quality. "To not support the faculty is totally irresponsible. We can't support the faculty unless we have these tuition increases," said Regent Richard Blum. Four regents voted against the tuition increase: Eddie Island, Alfredo Mireles, George Marcus and Lt. Gov. Gavin Newsom. "The biggest threat to our democracy is income inequality, the loss of the middle class," Newsom said. "And here we are once again, putting the nail in the coffin of the middle class. That's exactly who gets hurt in this debate."

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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