No Tuition Hike For UC Students

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UC Berkeley

The campus at University of California at Berkeley. (CBS)

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BERKELEY (AP) — The president of the University of California will not request a hike in tuition.

UC Regents had been expected to raise tuition next month.

Regents for the 10-campus university system meet in mid-July and it was expected to raise tuition by 6 percent, or $732 more a year. That would raise the in-state undergraduate tuition to $12,924.

But UC president Mark Yudof announced Wednesday he will not ask regents for an immediate tuition hike as part of a state budget deal calling for $125 million in funding.

It relies on voter approval of Gov. Jerry Brown’s November ballot measure to raise some taxes.

If the measure is rejected, UC would lose the $125 million and see a further $250 million cut in revenues.

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