§ 92434 Regents Bond Rate Adjustments

• •The regents can agree to raise fees or prices if they need to.
• •This is only allowed if they have a contract with people who own their bonds.
• •They can do this whenever it's needed, not just once.

Imagine you have a loan from a bank to build a school. The bank says, 'If it costs more to run the school, you can charge students more tuition.'

The regents can raise tuition fees if they need more money to pay for things, but only if they promised the bank (or bond holders) they could do this.