A $50 million mid-year cut was carried over into this year's budget, a predicted revenue shortfall led to another $50 million reduction, House Appropriations Committee action sliced another $21 million and House floor action taking out one-time money used to balance the budget caused another $134 million hit to the higher education budget. That combination "is a recipe for disaster," Purcell said. Broadwater said that since the state doesn't have money, the only way to make up for the loss is to again ask students to pay.
http://www.theadvertiser.com/article/20120516/NEWS01/205160332