Faced with steep cuts in state funding, University of California regents debate a budget plan that could lead to tuition increases of 8% to 16% a year through 2015-16.
Almost one of every 12 recent California college graduates with student loans defaulted within two years of starting repayment -- if they ever started making payments at all, according to new data from the U.S. Department of Education.
The University of California would raise student tuition by at least 8 percent - or as much as 16 percent - every year through 2016 under a plan that UC leaders will propose to the regents Thursday in San Francisco.
The Western Union Company, a leader in global payment services, today announced an agreement with TouchNet, a major commerce solutions provider to higher-education institutions, to develop new payment options for international students.
University leaders defended recent tuition hikes against tough questions from lawmakers Thursday, saying that said decreasing state funds and increasing costs left them little choice but to raises prices for their students.