High_Education_Budget_Cut_in_California-1

High_Education_Budget_Cut_in_California-1 - Economy in...

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Economy in California
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Introduction Yee – Education Edmond – Unemployment for graduate students John – Corporate tax Annie – Health care Yusuke – Poverty and overall
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High Education Budget Cut in California
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Background California is one of the wealthy place in the world ( 7th largest economy ) Thank to the contribution of UC and CSU system, and other private universities, these universities bring dynamic and passion to our society every year through their educated students
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Current Issue California government’s budgets gap is nearly $20 billion ( Up to latest 2010) The rating of California government bond was cut from A to A- by Stand & Poor ( Just fourth level above “ Junk Bond”)
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Current Issues in High Education Due to large of deficit, California government designed to reduce education funding by 20 % Cutting more than $500 million from CSU, more than $800 million from UC, more than 700 million from community colleges
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Consequence High Education was changed - increasing tuition - tend to tight their enrollment - stricken their requirement
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Increasing tuition Barely in these two years, there is an increase of 32% in undergraduate tuition in CSU and UC system in order to offset the budget cuts. The cost would bring full-time undergraduate fee to $3,354 per year , graduate fee to $4,134 per year
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Increasing Tution
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Consequence2 Universities tend to tight their enrollment and stricken enroll requirement in order to restructure their configuration. CSU and US reduce their enrollment by 2,300 students Just like our school, SFSU:
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Conclusion
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Graduates Unemployment in California Current issues Experts’ opinion
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Unemployment Rate As of September 2010,
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High_Education_Budget_Cut_in_California-1 - Economy in...

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