The document discusses budget cuts made for higher education that will increase tuition and fees for students at the University of South Florida. Specifically, it notes a 5% increase in undergraduate tuition to $77.39 per credit hour, a 15% undergraduate tuition differential fee, and increases in various activity, service, athletic, transportation, and material/supply fees across the USF system effective beginning in 2008. The budget cuts and fee increases will negatively impact both students and teachers at USF.