by Rachel Swan
Cal students, your fears were warranted. Just a couple days after the California State University board approved a 12 percent tuition increase, UC regents followed suit with a similarly steep 9.6 percent tuition hike. Meant to account for a precipitous loss of $150 million in state funding, the new price point would raise annual tuition at UC to $12,200 — up more than $1,000 from last year, the Chron reports. That means a university education will be even more cost-prohibitive for low-income students.