UCLA Business School Wants to End Reliance on California

The L.A. Times reports:

UCLA’s Anderson School of Management is seeking to end any reliance on state funds under a controversial proposal that would be the first such shift to self-sufficiency in the cash-strapped UC system and could provide a model for other programs seeking more freedom to increase tuition rates and faculty salaries.

Anderson, a graduate school that offers master's and doctorate degrees in business programs, wants to wean itself of most state funds by 2015 and to replace that $5.6 million a year with additional private donations and tuition levels closer to that of private schools. Annual tuition for California residents in a full-time master's program would rise over time from $41,000 now to more than $50,000, including a $5,000 discount for in-state students, according to the proposal.