In an effort to guarantee that University of California executive salaries will remain untouched in the event of further budgetary crises, UC President Mark “no confidence” Yudof has announced a plan to further mortgage the futures of prospective and current UC school attendees. At least this is what the headlines should read now that he’s recommending two separate 15 percent increases in tuition over the next two years.
Under the proposal, tuition would rise to $8,958 and then again to $10,302 for the 2009-2010 and 2010-2011 school years, respectively. Coupled with the cost of room & board, as well as other miscellaneous fees, the increases would put the cost of attending a UC school at around $24,000–a cost would make the UC system more expensive than numerous other public universities.
The tuition increases are yet another step in the protracted effort to close UC’s budgetary shortfalls. The Board of Regents will hear Yudof’s presentation on Wednesday and Thursday of next week, and could bring the issue to a vote in November. Its nice to know that the only thing standing in the way of this becoming a reality is the same group responsible for doling out executive raises in the face of wide scale cost cutting and layoffs.