UC Tuition Could Double By 2016
Undergraduate tuition at the University of California could nearly double over the next five years under a budget plan being considered by school officials.
Administrators plan to propose the multiyear budget plan at the Board of Regents meeting Thursday in San Francisco. The regents could vote on the proposal at its November meeting.
Under the plan, UC would raise tuition by as much as 16 percent each year if the state doesn't boost funding to the 10-campus system.
If that funding remains flat for the next five years, basic tuition for California residents would top $22,000 by the 2015-2016 academic year. Undergraduates currently pay $12,192 in annual tuition.
UC officials say the increased revenue is needed to address a looming $2.5 billion shortfall.
