UC Regents stared at the abyss of draconian tuition increases and blinked today, putting off discussion of the matter until at least early next year. UC President Mark Yudof has proposed raising tuition by as much as 16 percent per year for the next four years to introduce stability to the system’s flagging finances.
But the idea didn’t get far. “It scares the bejesus out of people,” uttered regent and lieutenant governor Gavin Newsom. Instead, he and his colleagues spent much of their meeting at UCSF’s Mission Bay campus lamenting diminished state funding and tossed around alternative ideas. Regent Richard Blum said UC should approach people “who actually can write a check . . . Chevron, Apple, Cisco and Google—all these companies sitting on money they don’t know what to do with.”
More: Chronicle, LA Times
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Ron Russell Editor’s blog |
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