The decision was made to ease financial challenges hoisted on students and families by the coronavirus pandemic.
UMD has a new president, but it's not a major departure from the status quo.
OUR VIEW: Loh has used the Regents as a scapegoat for the university's football scandal.
Maryland Gov. Larry Hogan called for the probe Thursday.
Caret did not opt to extend his contract, which is set to end next June, following scandals facing the university system.
Jordan McNair's death exposed UMD's many levels of dysfunction. Reform was weak.