Breaking from over a decade of traditionally not raising tuition for its students, CSU leaders on Thursday released a proposal that would start annual increases in fall 2024.
, and, according to the agenda, vote on whether to approve the tuition increases in September. Board members could choose to change the policy or delay the vote, as is their general right.
Though a coincidence, details of the plan arrived a day before the U.S. Supreme Court struck down President Joe Biden’s effort to forgive as much as $20,000 of student debt for tens of millions of Americans, including an estimated 3.7 million Californians. State law requires agencies such as Cal State to publish their agendas 10 before they meet publicly.
The tuition plan would boost Cal State’s revenues by $148 million in the first year and grow to $840 million by the fifth year of the increases. Cal State intends to divert 33% of that new revenue to campus financial aid for low-income students, known as the State University Grant.
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