Wednesday, April 8, 2009

Deficit Difficulty Digs into Middle Class Students’ Pockets - Stephanie Vatz, New University

The current budget for 2009-10 displayed by the California state government projects a deficit of $14.8 billion in the current year of 2009-10, with the possibility of a two-year deficit of approximately $41.6 billion if measures are not taken. In an effort to keep the state deficit as low as possible, UC funding has been cut, leaving the system with a $450 million deficit divide among its 10 campuses, amounting to about 10 percent of the budget cuts.