.Friday Must Read: UC Regents Table Tuition Hike Plan: Student Loan Defaults Rise

Stories you shouldn’t miss:

1. The UC Board of Regents tabled a plan to further increase student tuition by 8 to 16 percent annually for the next four years, the Chron and CoCo Times report. Instead, the regents want to search for other ways to close UC’s projected $1.5 billion budget gap. The fee hikes, proposed by the UC administration, would have raised tuition from $12,000 up to $22,000 a year.

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