Students at the University of Puerto Rico have declared victory in their two-month strike against massive budget cuts at their school. The students and the university’s Board of Regents have signed an agreement that includes an extension of tuition waivers, the cancellation of a fee that would have drastically raised education costs, and a commitment not to arbitrarily punish strike participants. The students also say the University of Puerto Rico has agreed to reject a series of initiatives that would have increased privatization of the school. The students will hold a general assembly on Monday to seek campus-wide approval for the agreement.