Friday, July 14, 2023

CSU system to consider 6% annual tuition hikes to cover a $1.5 billion budget gap - KRISTY HUTCHINGS, Press-Telegram

More than 460,000 students at the 23 California State University campuses could see annual tuition increases in coming years — for the first time in nearly a decade. The CSU Board of Trustees’s Committee on Finance will weigh a proposal on Tuesday, July 11, that would implement 6% tuition hikes every year starting in the fall 2024 and ending in the spring 2029 semesters. The potential move, university officials say, is necessary to cover $1.5 billion of unfunded operational costs in the system’s budget, though students and others say it could financially harm students — and further hurt enrollment.