MBA News: UC System Owes Students $38MM?
March 13th, 2010
A San Francisco judge has ordered the University of California system to reimburse past students to the tune of $38MM, after the school promised not to raise tuition, but nonetheless did so. Between 1994 and 2003, UCLA had verbiage on its website and in its official guides telling some graduates students, including those in MBA programs, that their fees would not be raised. However, the school did raise tuition during the years and immediately after it removed the language from its website and guides. The UC system, largely funded by the State of California, has been struggling under cutbacks, as the state has struggled as well.
It seems that an apeal of this judgement is imminent.
