The California State University system has authorized a $144 million state loan to compensate faculty and staff across all 22 campuses for their “extraordinary skill and dedication,” with the loan to be paid back in full to the state no later than July 1, 2026.
Tag: California budget
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State budget could put more strain on CSU
The worst-case fiscal scenario for the California State University (CSU) became even worse Monday when Governor Jerry Brown released his May budget revision. The governor opened up the possibility of a $250 million cut to the CSU next year — $50 million more than what had been on the original budget in January. The cut’s increase […]