UC regents recoil at idea of 16% tuition increase
By Larry Gordon/Los Angeles Times
The University of California regents Thursday were so divided over a proposal that could raise tuition by 8% to 16% a year through 2015-16 that a vote on the plan is now expected to be delayed until next year. Sherry Lansing, the regents chairwoman, called it highly unlikely that the board would decide on the long-term budget plan in November, as had been planned. Instead, she and several other influential regents said the university system should first try to raise billions of dollars in corporate and alumni donations and look for new tax revenues to make up for steep state funding cuts to higher education. (more...)