University of California May Raise Tuition 30%
By Mitch Gross | September 16, 2009
Troubling news. For starters, The State of California has cut funding for the UC system by $800 million this year. They're now considering raising tuition 30% next year - 15% increase starting in winter and spring terms and then another 15% next fall. This is on top of an increase earlier in the year. Looks very similar to the actions of the CSU system. With increased operating costs, the 10 campus system is laying off thousands, cutting courses and academic programs and is now considering reducing enrollment by 7%.
Here at College Financial Consultants, we're seeing families apply to more private schools, as a result of the UC fee increases. In many cases, if families are able to obtain meaningful need-based financial aid from private schools, it's a less expensive alternative than some UCs.
Read more...Examiner.com
Read more...AP Release
|