Since both the Patriot and Daily Cal have done editorials attacking the proposed Rich Kids Surcharge issue, I thought it'd be nice to get an update on where it was at. From Regent Murray:

Kevin,

There hasn't been any official proposal really. Regent Sayles suggested the concept of a surcharge. The Office of the President did an analysis of what such a proposal could look like as far as costs, revenues, administration, etc. go, along with an assessment of possible pros and cons. The Regents will probably discuss the concept at the September meeting along with a whole range of other possible courses of action to deal with the budget situation, but I don't see it going much farther than that.

I personally have heard very little if any really enthusiastic support for the idea and quite a lot of vehement opposition. I'd be very surprised if the administration or the Regents actually went ahead with it.

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