Friday, September 17, 2010
Tuition Hike Likely as UCLA Anderson Rejects State Aid - Louis Lavelle, Business Week
This doesn’t happen very often, so it’s news when it does. It looks like the UCLA Anderson School of Management (Anderson Full-Time MBA Profile) may soon be forgoing state aid. Higher tuition for MBA students is expected. According to Anderson Dean Judy Olian, the proposal will go to Mark Yudof, president of the University of California system, in coming weeks. If he green-lights the plan, which was first reported by the Financial Times, a phase-in of the withdrawal of state funding will begin next summer. Olian said unpredictable state subsidies made the move necessary. “We have over the years had significant declines in state support,” she said in a telephone interview today. “This would be a win-win for the school and the university.”