CSU Weighs Annual Tuition Increases to Address Budget Shortfalls
- The CSU board is considering annual 6% tuition hikes starting in 2024 to close a $1.5 billion budget gap.
- The first year would see tuition rise $342 for undergrads, followed by 6% more each subsequent year.
- The increased revenue would fund academic support, research, internships and course options.
- Students and unions are protesting the hikes amid concerns over college affordability.
- Only 40% of undergrads would be affected, as many receive tuition grants and waivers.