CSU says system creates $17 billion for California

CSU says system creates $17 billion for California


28 Responses to “CSU says system creates $17 billion for California”

  1. 1 Nick Baumann May 10, 2010 at 3:11 PM

    This is definitely good news not just for the CSU system, but California’s educational system as a whole. The state has been cutting education funds for a few years now and it has put stress on the entire system. UC’s and CSU’s have had to turn away many more applicants than normal, resulting in severe over-crowding of community colleges which are also funded primarily by the state. The decreased funding also forced the CSU’s to begin denying qualified applicants admission to their respective regional school. Previously, anyone who met the minimum requirements was guaranteed admission to a State school. I was beginning to worry that the overall level of education in California would drop because of this, causing even more problems in the future. But now that the state government is beginning to recognize the value of education, perhaps they can take steps towards properly funding it once again.

  2. 2 Tyler Oga May 10, 2010 at 7:21 PM

    It is about time that California has finally decied to put their funding towards something important. It’s no secret that CSUs and UCs have recently hit some hard times with all of the cuts that have been made, but it’s very good to hear that there will be increased funding put towards the CSUs. Hopefully this influx of money will make its way to the UCs as well, since I’ll be heading to UCSD this fall. I’m going to keep my fingers crossed.

  3. 3 kelsea Jimenez May 11, 2010 at 9:50 PM

    Its nice to hear some good news about education. Students are in need of money and with this increase in CSU funding, students will be able to have more access to more things on campus. Its about time that the governor does something right. The CSU system is a good system and with the help of this funding more students will be able to further their education goals.

  4. 4 Alma Tenorio May 11, 2010 at 10:51 PM

    I feel like I’ve been saying this for the longest time! Although I focused more on the investing on the future of America, this article mentions another good investment that is the money it puts out in the the Californian economy. However, it seems like it might be inevitable to not do budget cuts. The state can only hold out for so long with the money. But on the other hand, if the money keeps coming in, then businesses (such as the CSU system) will eventually prosper. It is a difficult situation indeed. I’ll leave the decisions to the “experts”. I only wish that they could come up with a solution to this mess someday.

  5. 5 Nick Pasquale May 12, 2010 at 11:21 AM

    It was good that the CSUs released this article right before the budget was proposed. CSUs don’t want to have more budget cuts and have less money to work with. Their main point is that for every $1 that the state invests in them, they return $5.43 which is great. So the CSUs definately should not be budgeted even more, if anything they should get more money invested in them.

  6. 6 Meaghan Madgett May 12, 2010 at 3:04 PM

    It was interesting that CSU released this article the night before, but beneficial for them as a whole. It is good to see that they want to invest more money into the California Economy instead of the economy as a whole, but we as a country must start somewhere.It is horrible that the CSUs and UCs have recently hit some hard times with all of the cuts that have been made, but it’s awesome to know that there will be increased funding put towards the CSUs and hopefully we will come out of this plunge.

  7. 7 Lorena C. Rodegeb May 13, 2010 at 2:23 PM

    It’s very interesting to find out that the CSU system puts back so much money into the economy and yet education is always hit hard by budget cuts! However, it’s good to hear that there will be an increase of funding to CSU’s. Let’s just hope that means tuition cost will go down! Probably not, but one can hope!

  8. 8 Nhi Ho May 15, 2010 at 7:49 PM

    I understand what the CSU system is trying to do by reporting that it creates $!7 billion for California. I agree that the CSU does create more jobs on campus wide. Hopefully, the government would consider this important point, and not approve the budget cut. College students will be affected by the budget cut.

  9. 9 Joey V May 16, 2010 at 1:51 AM

    This news means good for the CSU system and other educational institutes. Its imortant to invest into something important like the future, kid’s education. My friend who goes to San Jose State got a ton of random days off in their first semester for no reason. It was due to budget cuts. While I was in class getting a step ahead in my education, they got the day off. Hopefly that money can help be put to making more scholarships and imroving the qualityof educaion.

  10. 10 Chris Hirst May 16, 2010 at 2:29 PM

    17 billion is a lot of money, and i feel as though there are other things that could use the money more. The educational system is not broken, the student and the economy are whats broken. As long as good teachers are teaching people who want to learn, then people ill be educated. good teachers dont cost 17 billion dollars.

  11. 11 Erik Ramussen May 16, 2010 at 2:55 PM

    It is about time they start putting money back into the CSU school systems. I have always wondered how reducing funding for the CSU school systems is going to help it. I always knew that they produced a lot of money for the state but never thought it was around 17 billion dollars. Also to hear that for every one dollar invested in the school system, the return is almost 6. Looks like I will be getting into a state school soon!!

  12. 12 John Temple May 16, 2010 at 6:03 PM

    I had no idea the CSU system affected the economy in California so much. So in effect, if Arnold were to invest less money into the CSU system we would lose more money than if we invested the same amount as we normally do. Releasing the information that close to the deadline could have been good or bad though. If they had released it earlier, it would have been more common knowledge, however; it wouldn’t have the shock value as it did by releasing it the night before.

  13. 13 Justin Castro May 16, 2010 at 7:59 PM

    I was very surprised when i first read these staggering numbers. I always new that CSU created quite a bit of economic stimulus, but i had no idea how much. This could be either a good or bad thing for California. Of course it’s beneficial to receive so much money from an unexpected source, but at the same time it is like throwing all of your eggs in one basket. If something were to happen in the CSU system, preventing them from making the same economic choices and payments, California could be in serious trouble. $17 billion is a lot of money to be gained or lost, and if the wrong decisions are made, California could face some negative ramifications.

  14. 14 Daniel Reddell May 16, 2010 at 10:09 PM

    As I read the article, in my mind I kept telling myself that there is no way that the CSU system creates $17 billion for the state. I feel like there has to be some skewed numbers in the calculation. For every $1, the CSU will return $5.43? Really? There has to be some catch. I know it’s not that simple. Perhaps the wording of it all is what’s bothering me. Regardless, I do believe that there should be more money invested in the CSU and UC system, but moreso in high schools.

  15. 15 Miles Atkinson May 17, 2010 at 12:06 AM

    It’s good that the California has put some money to the educational system. I think education is the key for the long term improvement of US economy. By spending more money for education, hopefully this will contribute to the improvement of US economy.

  16. 16 Ibrahim Jamil May 17, 2010 at 10:43 AM

    This subject always generates great interest. There is no denying that this is great news in terms of CSU’s and UC’s, as they have been hit hard with budget cuts. Education is a fundamental tool that must be funded so institutions can present its students with the highest education possible. This is a lot of money but it is an investment for the future.

  17. 17 amos mccray-goldsmith May 17, 2010 at 1:21 PM

    with the california state budget becoming more and more unbalanced, with cuts in our school it is good to know that there is a positive side to the whole mess. if it is indeed true that for every dollar that is put into the CSU system california generates more than five times that amount, the same can probably be said for any of the school systems. in that all of them create jobs and get people degrees that in turn become more revenue for the state, almost like a perpetual motion machine.

  18. 18 Jamie B May 17, 2010 at 1:31 PM

    Education is the key to our nation’s success in the future. With an influx of money the CSU system can use the money to improve the colleges and rebound from the budget cuts that caused so many problems for the employees of the CSU system and the students. The most important aspect is that it allows more students to attend college, which will only improve the knowledge and skill sets of our future work force.

  19. 19 Luke Napier May 17, 2010 at 4:24 PM

    This article is quite provocative on just how much education effects our state. With thousands of kids trying to enter the cal state system, one should not be denied their education just because of the fact that our state cannot supply enough money. Although we are short 3.6 billion dollars, education should be at the forefront of our issues because it will bring more revenue like they stated. Although we need to bring our spending down, education is not the place to be making cuts.

  20. 20 Caitlin K May 17, 2010 at 4:27 PM

    I wonder why the CSU system all of a sudden is generating so much money. With all the increase in tuition fees, budget cuts, reducing of programs, limited enrollment, laying off of professors, and furlow days, I was under the impression that the CSU system was hurting. The fact that they are an attribution to our economy is awesome. Maybe now they can bring back some of the classes that were cut from the programs, so that my friends can graduate under 6 years.

  21. 21 selduhhh May 17, 2010 at 9:50 PM

    This is wonderful! WIth more money entering the CSU system, more money will be availble for students who need financial aid, more money for better classroom, equipment, etc. Possibly even cheaper expenses for all the students as a whole! Won’t that be great!

  22. 22 Kelsey Zeller May 17, 2010 at 11:06 PM

    I don’t know how they got the money but lets not knock it. Having this extra money is great. more money to help students out and to make the education better. Students will succeed more with the money and will have more oppertunities. Lets just hope this keeps continuing.

  23. 23 Kyle Barraclough May 18, 2010 at 1:07 PM

    The state has been cutting education funds for a few years now and it is nice to see some money finally going into the education system. Not only will it benefit the CSU system but be beneficial for all California school systems. The turn away rate of UC’s and CSU’s have been way above the normal percentage causing an overload in the junior college system making it more difficult for students find the classes they need. The decreased funding also forced the CSU’s to begin denying qualified applicants admission to their respective regional school. Previously, anyone who met the minimum requirements was guaranteed admission to a State school. But now that the state is heading the right direction in properly funding schools perhaps the value of education can return to the standards it once had.

  24. 24 Toby DeMello May 18, 2010 at 1:32 PM

    It is certainly interesting that the CSU system released this article the night boefroe the budgets were announced. It is very insuring to know that the CSU system is responding to the budget and with this it will allow more students the oppurtunity for a better education and a better learning environment

  25. 25 MunchiesMan May 18, 2010 at 7:21 PM

    i find that amazing that the CSU system brings in, not just the huge number of 17 billion dollars, but that they bring in $5.43 for every dollar put into CSU’s. literally we are getting our money back times five, economically that’s one of the best investments you can make. I’m happy our governor is increasing the money going into colleges colleges give our failing economy stability. This article was really uplifting knowing more money is going into education where budget cuts have been being made for years . good statistics to know, good article to read.

  26. 26 Alex Plascencia May 18, 2010 at 10:35 PM

    It is good to see that the educational system is still providing the economy with money. Even with all the budget cuts, education is the future because that is what will be the US’s future workforce that will help get the economy to better shape. Now that more money is being put into the system for the CSU’s and UC’s the applicant rate will rise.

  27. 27 Blanca Cerda May 18, 2010 at 11:09 PM

    This article is really interesting because I had to write an essay about how the budget cuts affected the educational system in California. It is really good to hear that California will be receiving a lot of money to go towards the colleges and universities. During the budget cuts, many schools had to cut back on days, classes were shortened and it seemed like graduation was going to be a longer process for many students. Now with this, it is good to know that money will be put to good use.

  28. 28 Amber Davenport May 19, 2010 at 6:18 AM

    Its comforting to see that the CSU systems is actually making a profit to benefit the state. With all the budget cuts, furlough days, cutting of programs, and firing of teachers, you could have fooled me. Hopefully, with this money, the schools can accept more applicants, and re-add the programs and courses that they were forced to drop and students could realistically get their degree in less than 6 years….

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