Education
Related: About this forumCali Community College Budgets Slashed $564 million
Californias community colleges were slapped with a $102 million cut in January. This followed a $313 million cut at the start of the school year. While these cuts were devastating, at least they were expected. Now, according to Kathryn Baron, writing for Topics in Education, these same schools face a February Surprise of an additional $149 million cut that was not planned and that brings the total cuts to a whopping $564 million this fiscal year.
The surprise resulted from two miscalculations: property taxes and student fee revenues were both substantially lower than expected.
The Department of Finance was overly optimistic in its projection of how much revenue could be raised by increasing student fees from $26 per unit to $36 per unit, creating a shortfall of $107 million. Part of the shortfall was due to a large increase in students applying for Board of Governors fee waivers. Considering the dismal state of the economy, one must wonder how they could have overlooked this possibility.
Students, as usual, are the ones getting reamedthis time doubly, with a nearly 40% increase in tuition up front, followed by program cuts and a possible mid-year fee increase to offset the systems miscalculations and shortfall.
Modern School
http://modeducation.blogspot.com/2012/02/cali-community-college-budgets-slashed.html
iemitsu
(3,888 posts)its hard to imagine how schools will survive the terrible cuts that our governments are making.
proud2BlibKansan
(96,793 posts)And that is precisely the point.
iemitsu
(3,888 posts)that is the point.
there was little hint in my young life that the US would become so retrograde.