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April 19, 2024 |
UC Regents approve tuition cut OAKLAND - (INT) – It’s not much, but the University of California Regents have approved a tuition decrease, the first in years.
The $60-a-year cut came Thursday as the Regents approved the university’s revised 2018-19 budget plan, which reflects increases in state funding. The tuition reduction to $11,442 annually results from the end of a temporary surcharge instituted in fall 2007 to recoup damages from two earlier class-action lawsuits. By this fall, nearly all of those costs will be fully recovered. The class-action lawsuits stemmed from claims made by students at UC’s professional schools that the university raised their tuition without sufficient notice. The university disagreed, but lost both cases on appeal. In total, the litigation process cost the university nearly $100 million. Story Date: July 22, 2018
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