Cal State Is Still in the Red Despite Tuition Increase and Spending Cuts
- California State University has a $2.3 billion budget shortfall, which has increased since it was previously revealed two years ago.
- Experts predict that further state support is unlikely due to anticipated multi-billion-dollar budget shortfalls in California.
- California State University warns that without restored funding, it cannot grow student enrollment despite rising numbers of eligible high school graduates.
- The university's cash reserves total $760 million, which is enough to cover operations for only one month.
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Cal State is still in the red despite tuition increase and spending cuts
California State University says it’s short $2.3 billion, a staggering budget gap that’s grown sharply since the system first revealed two years ago that it didn’t have the money to properly educate its students.
·United States
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Total News Sources15
Leaning Left4Leaning Right0Center1Last UpdatedBias Distribution80% Left
Bias Distribution
- 80% of the sources lean Left
80% Left
L 80%
C 20%
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