Plan would eliminate tuition to UC's benefit

[ellisonz]

Nanette Asimov, Chronicle Staff Writer
Thursday, January 19, 2012

It's not every day that University of California students tell UC President Mark Yudof to abolish tuition - and he says he'll consider it.

But that's exactly what happened at Wednesday's regents meeting at UC Riverside, as Yudof praised the students' tuition plan as "a constructive idea."

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Today, as the regents conclude their two-day meeting, they expect to focus almost entirely on developing revenue sources beyond the state, and beyond tuition.

The students' proposal fits right in. Instead of paying tuition - currently at $12,192, not including mandatory fees, room, board or books - the "UC Student Investment Proposal" would require that students commit to paying 5 percent of their annual income for 20 years after graduating.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2012/01/18/BAF11MR30P.DTL#ixzz1jtin5HC7

[KamaAina]

1. Would that cause UC to steer its students toward investment banking, corporate law, etc.?

On the plus side, it might make them get serious about job placement for their alums.