Just days after promising not to cut any more from K-12 schools, Gov. Arnold Schwarzenegger vowed today to restore some funding to the California State University system. The nation's largest system of higher education has suffered a $625 million loss in state funding the past two years. Schwarzenegger said an additional $60.5 million will be provided this year for enrollment growth. CSU Chancellor Charles Reed lauded the governor for his support in a statement:
"We commend the Governor for his renewed investment in the California State University," Reed said. "If adopted by the Legislature, this budget will allow us to begin restoring student access to our university. In this extremely difficult budget climate, we recognize and very much appreciate the Governor making higher education a priority. Clearly, he understands how important restored budgets for higher education are for jobs and California's economic recovery. We are still faced with challenging circumstances and it will be a slow process as we seek to return to financial stability. This budget will help start us on the path to recovery."
Leave a comment