Arnold is balancing his budget on the backs of our youth.
My kid is not going to be thrilled to learn that half of his "tax advance" will be going to increased fees at Chico State for his classes next fall
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/05/14/BAE310M988.DTLCSU panel approves 10 percent fee increase for next year
Tanya Schevitz, Chronicle Staff Writer
Wednesday, May 14, 2008
(05-14) 10:10 PDT LONG BEACH -- A California State University Board of Trustees committee voted this morning to increase student fees by 10 percent this fall to help make up for expected funding cuts from the state.
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Gov. Arnold Schwarzenegger proposed cutting the system's budget by 10 percent in his initial spending plan in January. The governor's revised funding recommendation will be released later today, after which it will go to the Legislature.
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"The fee revenue is a specific tax on students," Garamendi said. "What we are doing is substituting a tax on the general wealth of California for a tax on students. You are taxing the future of California."
Later today, a committee of the UC Board of Regents is expected to vote to increase fees at the 10-campus system by 7.4 percent for the fall. The $490 annual increase would then go to the full board Thursday.