Clackamas College discusses deficit at budget meeting - Christopher Lyle Taylor, The Clackamas Print

The deficit can be attributed to a number of factors. “We are seeing a drop in enrollment, year to date is down 8%,” said Wilton. “Also the state isn’t able to give us as much aid as they project either, which can make a difference.” The board is plans to voting on the budget as well as the $5 tuition raise in May. The college is also looking into the possibility of another $5 raise in tuition for the 2014-15 school year and the 2015-16 school year, bring tuition up by $15 per credit within the next three years. This is of course only a budget model and is not in any way, shape or form a done deal. Nonetheless, the college is looking into any means of fixing the deficit. Over the years, the college has built up a small surplus, or reserve, of funds. If the college does nothing to address the deficit for the year and simply dip into the reserves, they’ll be depleted within the next two years, leaving the college with an even bigger deficit. http://theclackamasprint.net/index.php/news/559-budget-deficit