“Families struggled during this pandemic, and this year has been difficult enough for so many Californians,” said Atkins, a Democrat from San Diego.
UC President Michael V. Drake declined to be interviewed for this story. At the May Regents meeting, Drake said the curriculum will âhelp colleges maintain academic excellence and vital support services.
“It’s no secret that UC’s funding has been unstable for years.”
His office argues that the UC needs stable tuition income to counter the long trend of government divestments. The system received about 80% of its student education funding from government subsidies four decades ago. Today this share has shrunk to almost 40%, almost identical to the income the system generates from tuition fees. This year’s massive infusion of government funds into the UC does little to reverse this trend.
The office projects of the UC President exploding costs totaling $ 2.1 billion by 2026-27 In addition to running expenses, it argues, a deficit needs to be closed with tuition increases along with more money from the legislature. The new additional sales would pay for more hiring at faculties, Salary and social benefits, and a range of student support services and programs aimed at Increase graduation rates.
And the UC claims that the proposed study model will ultimately be better for all students.
Low-income students who do not pay tuition fees anyway because they are eligible for financial support would get even more money for books, accommodation, and food, as around 36% of the income from the tuition fee increases would go back to student grants.
And since tuition fees increase only once per graduating class and are inflation-tied, the cost of attendance will be predictable and stable for higher-income students who pay the full freight.
Special features of the proposed study hike
The The proposed plan would increase tuition fees for each new incoming class of students from 2022-23. Any increase in tuition fees would be linked to inflation. Undergraduate students would also pay a 2% or less surcharge that would expire within a few years.
New and postgraduate students in state-funded graduate schools would see a different type of study hike: They would take place annually instead of once for each incoming class and grow with inflation from 2022-23.
The proposal links tuition fee growth to a three-year moving average of inflation. This prevents the tuition fees from changing drastically when consumer prices rise.
The proposed increase would curb study growth every year at 6%. Another provision would increase tuition fees by a smaller amount if state legislatures increase their share of the UC budget by more than 5%. But that kind of increase is rare: government support to UC has increased less than 4.6% per year after 5% in 2014-15.