The Community College League of California said Tuesday that plummeting revenue from student fees and a dip in property tax revenue has created a $149-million deficit. The bad news comes as the colleges are coping with $415 million in state budget cuts this year… the drop in student fee revenue is about 10 times worse than usual, coming in at around $106 million. Lay said state budget cuts have reduced enrollment and fee increases have driven other students away. He also said an increasing number of students are qualifying for fee waivers, putting another dent in revenue. More than 60% of students are receiving fee waivers now, according to the Department of Finance, That’s an increase from about 45% in the 2008-09 school year.

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by Chris Megerian, The Los Angeles Times.

Posted: February 21st, 2012, by: admin. Categories: . Awaiting Comments.