Alan Auerbach Addresses UC Fee Hikes

The Sacramento Bee, July 24, 2011 by Kevin Yamamura
http://www.sacbee.com/2011/07/24/3790500/california-lowers-taxes-raises.html

Because of the way financial aid works, the general belief is that low-income families will still be spared from tuition hikes, while upper-income families can afford to absorb them. Alan Auerbach, an economist and tax expert at UC Berkeley, said that “as unpopular as higher tuition is, if we think about the subsidies implicit in very low tuition, some relatively affluent people are benefiting from it.”