An earlier blog noted that budget pressures are pushing the University to add fees for things that were not previously charged. From California Watch yesterday comes:UCLA students who use credit cards to pay their university bills better brace themselves: The university will start charging a 2.75 percent credit card processing fee this fall. It's an example of how universities are passing certain costs along to students amid a statewide budget crunch.
Administrators say the move allows the university to stop absorbing the cost of processing credit card transactions – fees that credit card companies charge. Transferring that cost to the credit card-swiping students will save UCLA more than $6.5 million a year, they say...
Full story at http://californiawatch.org/dailyreport/ucla-start-charging-fee-credit-card-payments-11005Maybe not nickels and dimes but a penny here; a penny there. It all adds up:
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