Posted inAdministration

Audit says CSU hid $1.5 billion in reserves during tuition hikes

The California State University (CSU) was not transparent about a surplus of more than $1.5 billion while negotiating state funding and raising student tuition, according to an audit report released Thursday, June 20. Auditor Elaine Howle alleges the CSU did not properly disclose the money to students or legislators.  The majority of the budget surplus was […]

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