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What Price Glory?
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The
annual budget for the University of California's nine campuses totals
$11.1 billion and is enormously complicated. The state now provides
less than 20 percent of the funding; the bulk comes from the federal
government, through individual and corporate donations, from endowments
and student fees. (UC also operates three national laboratories,
which are entirely funded by the federal government to the tune
of $2.3 billion a year -- only slightly less than the cost of instruction
at all the campuses.)
Still,
the University of California is less expensive, if only by a bit,
than most other top-tier public schools including the University
of Michigan ($6,074 annually), the University of Virginia ($4,648)
and the State University of New York ($4,656). Moreover, the price
tag on a UC education is substantially lower than that of private
universities. The estimated annual cost of an education at Stanford
University, for example, is $29,000 a year for tuition, books and
living expenses.
By
these standards, an education at a UC campus remains a bargain.
"I think our fees are quite reasonable," says former UC President
Clark Kerr, widely viewed as the author of California's higher education
master plan. "Those who benefit so much themselves" -- meaning college
graduates who will earn an average of 80 percent more over their
lifetime than those without degrees -- "should be able to pay it."
Nevertheless, there are many inside UC circles who believe that
the problem with fees is not so much that they are the highest in
the university's history, but that they shot up so drastically in
such a short period -- TK percent in the 25 years since my own college
days.
Indeed,
UCLA Chancellor Charles E. Young favors high fees for the windfall
they provide to fund student aid. Currently the UC system's fee
structure returns to students fully one-third of all fees collected
in the form of financial assistance. In 1993-1994, the last academic
year for which statistics are available, the university awarded
an average of $7,105 to each of the TK students who qualified for
aid.
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