The University of California Board of Regents on July 14 approved a plan to close a $1 billion budget shortfall through a combination of higher student tuition, cost-cutting measures and operational efficiencies.
Regents, on a 14-4 vote, reluctantly approved a 9.6 percent tuition increase, effective this fall for all UC students, after agreeing with administrators that it was the only course left that would not erode the quality of the university.
"Faced with enormous financial cuts forced on us by political leaders, we only have a handful of options open to us, and all are horrible options," said regent Bonnie Reiss. "As much as I hate voting for this increase, I hate even more letting this institution slide into mediocrity."
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