CSU Gives Final Approval To Tuition Increase If Prop. 30 Fails

LONG BEACH (CBSLA.com) — The California State University Board of Trustees gave the final approval Wednesday on a plan that would raise tuition by 5 percent if voters reject Proposition 30 in November.

The contingency plan would only be implemented to cover an estimated $250 million budget cut across the 23 campuses which would occur if Gov. Jerry Brown’s tax initiative – which would increase sales and income taxes – is defeated.

The plan, which would be in effect in January, includes the tuition increase of $150 more per semester for in-state students. That would mean these students would have to pay a total of $3,135 per semester, or $6,270 per year.

Tuition would raise 7 percent for out-of-state students — $810 more per year – costing them $11,970 total.

If Prop. 30 passes, it would increase the state sales tax by a quarter-cent per dollar for four years and raise the income tax for those who earn more than $250,000 annually for seven years. CSU would then rescind a previously approved 9 percent tuition increase that went into effect this fall.

RELATED STORIES:

CSU Approves Plan To Raise Tuition If Tax Measure Fails

CSU Trustees Weigh More Tuition Hikes Ahead Of Prop. 30 Vote

(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

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