State/National News

Florida Set for New Cut in Spending on Colleges

Published: February 20, 2012
The New York Times

Florida lawmakers contend that education is essential to high-wage jobs in the state, but the Legislature is again expected to slash millions of dollars from the budget for higher education and may usher in another round of tuition increases.

A proposal in the House would reduce state financing by nearly $250 million next year and would allow universities to increase tuition by as little as 8 percent and as much as 15 percent. A measure in the Senate would cut more than $500 million and would allow smaller institutions that are defined as colleges to raise tuition by 3 percent (the full-scale universities would not be permitted to raise tuition).

Read the full article from the New York Times.