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The tuition hike was voted into effect by the regents on November 20, 2009, [13] and was a two-step increase with the first hike set to go into effect at the beginning of 2010, and the second going into effect in the fall semester of 2010. [14]
Another way to say this is that whereas medical costs inflated at twice the rate of cost-of-living, college tuition and fees inflated at four times the rate of cost-of-living inflation. Thus, even after controlling for the effects of general inflation, 2008 college tuition and fees posed three times the burden as in 1978.
In order to curb the budget shortfalls, the California Board of Regents voted on a 32% raise in all tuition costs for state universities. This led to the 2009 California college tuition hike protests, with dozens of college students protesting the 32% tuition increase. [18] [19] [20]
Annual tuition for full-time California undergraduate students will increase by $342 next year to $6,084. By the 2028-2029 school year, those students will be paying $7,682.
Or, it could be a hybrid model where tuition increases for each incoming freshman class, say 5%, and then in each subsequent year, the students see a smaller increase of, say, 3%.
Over the last 30 years, tuition has increased 1,120 percent; by comparison, even the "skyrocketing" cost of health care only rose 600 percent, and housing costs have gone up a paltry 375 percent ...
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From 2002 to 2004 alone, tuition rates at public schools increased by just over 14%, largely due to dwindling state funding. A more moderate increase of 6% occurred over the same period for private schools. [51] Between 1982 and 2007, college tuition and fees rose three times as fast as median family income, in constant dollars. [52]