Student Regent Jonathan Stein and Student Regent-designate Cinthia Flores stopped by the UC Davis campus on Friday to speak about Proposition 30, a sales and income tax increase initiative on the Nov. 6 ballot. Prop. 30 would increase taxes on individuals with earnings over $250,000 for seven years and would implement a quarter-cent increase in sales tax for four years. Should the proposition pass, UC will receive money from the state legislature that would negate a fee increase for this year. If Prop. 30 fails, the university will not receive that money and students will see a $250 million cut. The failure of Prop. 30 will have an immediate impact on UC students, according to Jonathan Stein, Student Regent and UC Berkeley law and public policy student. “The administration has said that if they need to find $375 million, they will need a 20 percent fee increase by January; that is roughly an additional $2,400 for every UC student by the end of January 2013,” Stein said. Many No on... ...
Read More →Tuition to increase by $2,400 should Prop. 30 fail, Student Regent says
Student Regents visit UC Davis to talk about impact of Prop. 30
