
UC Tuition Unaffordable: Fed Warns about Student Loan Default Risk
With University of California tuition more than doubling in the last decade, about two-thirds of Californians now rate affordability at America’s largest public college system as poor. Despite Federal Reserve warnings about default risks for student loans, the UC system intends to raise tuition by 5 percent next year and 21.5 percent over the next 5 years.