CSU to hike tuition if voters deny tax increases
LONG BEACH, Calif. (AP) — California State University is set to raise tuition by 5 percent early next year if Gov. Jerry Brown's tax initiative doesn't pass in November.
By an 11-3 vote Wednesday, the CSU Board of Trustees approved a conditional tuition hike to address the potential failure of Proposition 30 on the Nov. 6 ballot. The board's finance committee approved the move Tuesday.
Under the resolution, CSU would raise tuition for the winter and spring 2013 terms if voters reject the tax measure and trigger a $250 million midyear funding cut to the 23-campus system.
In-state undergraduates would pay an additional $150 per semester. Annual tuition would rise to $6,270.
Under the measure approved Wednesday, if Proposition 30 passes, CSU would rescind a 9 percent tuition increase that went into effect this fall.
You "forgot" to mention that the Democrats who run the state just gave several CSU professors who make $300k per year 10% pay increases so now they make $330,000.   This at the same time raising taxes on taxpayers and cutting education at the student level.  Looks like there's plenty of money for Democrat Party patronage payoffs but none for education.    Meanwhile, they hold the education system hostage until voters vote themselves a suicidal tax increase in a recession.  Don't depend on KBFX for the facts though, their left wing pro-Democrat bias and slant has been well documented over and over again. Â