Tuition hike in California

Perhaps you've heard of the 32% tuition hike for California public colleges. Sounds horrendous. Given the condition of the state's finances, perhaps it's not so unreasonable, considering that California colleges are subsidized by the state. How subsidized, you say? Ah, I'm glad you asked. Look at this. Tuition is actually up to, gasp, ten thousand dollars a year.

The controversial fee hike will be applied in two steps over the next two years. Students will pay more than 10-thousand dollars in tuition next year, far less than than the cost of private colleges but three times the price of the California system just a decade ago.