California’s Problem Spreads

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In an editorial in the State Press, the student newspaper of Arizona State University, the author assesses how the tuition increase at the University of California might matter outside of the Golden State.

California’s state schools needed to raise tuition hike because of the state’s cash shortage. As the State Press explains, the money shortage is not confined to California:

And though we’d like to thank California for once again improving Arizona’s outlook by comparison, we shouldn’t be too quick to sympathize and move on.

For the first time in the state’s history, Arizona is being forced to take out a loan. The state has already borrowed more than $500 million against internal accounts, but the stack of IOUs is becoming too much to handle without the help of institutional lenders.

That being said, the State Press article also points out that the new high-cost University of California might actually help Arizona: out-of-state colleges might look more attractive to California high schools students given that their own state university is no longer affordable.

Daniel Luzer

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer