The University of California has just announced that it’s planning to raise the tuition by 5% over a period of five years. The UC said that they will do it unless the state of California increases the budget support for universities, more than it’s expected from it.
The University of California said that the new proposal will begin in the 20150-16 academic year and the tuition will increase with approximately $612. UC said that they are doing this as an effort to increase financial stability and provide better student services.
If the University of California goes on with the new implementation, the annual tuition cost for a Californian student will rise from $12,192 (which is the current tax this year) to approximately $15,563 in the academic year 2019-20.
The president of the University of California, Janet Napolitano and the chairman of the Board of Regents, Bruce D. Varner wrote in an official statement, explaining the reasons for the increase in tuition:
“Students and their families need to know, up front, what the total cost of a UC education will be, how much financial aid they can expect and what their tuition will buy. The state and the university need to invest in the academic excellence that has made UC into what is widely recognized as the best public university system in the world. … We strongly believe it is a better way.”
The UC Board of Regents will take into consideration the new proposal when they will meet later in November.
The latest proposal to increase the tuition comes as an effort from the University of California to deal with the growing costs and other financially problems that have plagued the university in recent years. The university suffered big budget cuts because of the economic recession, which led to layoffs; there have been major tuition increases and the university had to focus on recruiting students outside of California because these students pay additional fees.
The new proposal of raising the tuition over the next five years “will enable the university to enroll at least 5,000 more Californians over five years and invest in the academic quality that students and their families expect”, Napolitano and Varner stated.