That's right. At the board meeting, held the week before Thanksgiving 2011, the CSU Board of Trustees approved a $498 per year undergraduate tuition increase, effective fall 2012.
Here's some of the other highlights from the CSUEB University Communique:
*The CSU Board of Trustees adopted the 2012-13 budgetIt has been reported by Fox that "The increase will be on top of a 12 percent tuition hike that took effect this school year, and a 9 percent increase that was imposed in 2010."
*The CSU Board requests state lawmakers provide an additional $333 million in funding.
*Approximately $64 million in revenue would come from tuition fee revenues associated with enrollment growth of 5 percent (approx 20,000 students)
*Tuition for full time undergraduates would rise to $5,970 from $5472 in fall 2012.
*Approximately 45 percent of the CSU's undergraduates would not pay the tuition fee increase due to grants or aid. According to cappex.com 63 percent of CSUEB students receive financial aid.
*Households earning $70,000 or less qualify for financial aid.
It seems ridiculous for the Chancellor's office to pin its budget hopes on the magnanimity of state lawmakers to "provide an additional $333 million in funding." Since there is virtually no chance that California will give any more money to the CSU system, this sounds like the CSU Board of Trustees is passing the buck.
Is it really true that 45 percent of the CSU student body pays nothing in tuition, so they won't be impacted by the tuition increase? Well, then who will be impacted by the tuition hike? Obviously, parents and students who are paying their college tuition bill, along with the taxpayers. If you have a job, you are a taxpayer - look at your paycheck stub.
If you are one of the students who pay nothing, would you be willing to pay $25 per quarter? The CSU currently educates approximately 412,000 students and if 45 percent of them are on financial aid that would raise $4,635,000 per quarter (412,000 students X 45% X $25) or $13,905,000 annually (3 semesters). While this is a long way from budget gap of $333 million, it's a start.
How about a progressive tuition plan? Student tuition could be based on family earnings, people who earn more would pay more.
How will you be impacted by this next round of tuition increases? If you were in charge, how would you raise revenues and lower costs in the California State University system?