With those words, UNC-system Board of Governors member Addison Bell closed a late-night, March 5 meeting of the board's Budget and Finance Committee. Just an hour earlier, the committee agreed to the largest systemwide tuition increase ever approved by the BOG.
The committee passed an 8 percent across-the-board tuition increase for all in-state students and a 12 percent increase for all out-of-state students -- a total of $186 and $1,478 for UNC-Chapel Hill students, respectively.
Less than 24 hours later -- on March 6 -- in front of about 50 student protesters, the full board approved that same tuition increase by a 21-6 vote.
Now the stopgap measure will head to the N.C. General Assembly for approval.
Along with the systemwide increase proposal, the legislature also will examine individual campus-initiated tuition increase requests, including a one-year, $300 increase at UNC-CH.
Revenue generated from the systemwide tuition increase --