The University of California Board of Regents today (July 14) approved a plan to close a $1 billion budget shortfall through a combination of higher student tuition, cost-cutting measures and operational efficiencies.
Regents, on a 14-4 vote, reluctantly approved a 9.6 percent tuition increase, effective this fall for all UC students, after agreeing with administrators that it was the only course left that would not erode the quality of the university.