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Eloy Ortiz Oakley on the 2024-25 California Budget
Eloy Ortiz Oakley provides commentary on the 2024-25 California Governor’s budget. Read more >
News & Commentary
Eloy Ortiz Oakley on the 2024-25 California May Revision Budget
“Overall, a multi-year approach to these budget challenges is the right one given the volatility of revenues but let’s be clear – this will mean very difficult decisions both in one-time and ongoing reductions.” — Eloy Ortiz Oakley Read more >
News & Commentary
Eloy Ortiz Oakley on the Proposed 2024-25 California Budget
“The $38 billion dollar [deficit] is a big number and it will have an impact. However, the Governor talks about this shortfall in terms of a correction, a normalization of historic surpluses we’ve experienced over the last several years and one that his administration anticipated. So I’d go on to say that our public and Read more >
News & Commentary
CA Budget 2023-24: Supporting Vulnerable Learners Today to Build a Strong Economy Tomorrow
This week, Governor Newsom and state legislators reached a budget deal for California for the coming fiscal year. Expected to be signed by midnight tonight, this budget reflects a range of investments in our state’s learners and our systems of public education, financial aid, and student support. At the time of writing, these include: Base Read more >
News & Commentary
On Student Loan Debt Relief Decision
The Supreme Court of the United States ruled to block the student loan debt forgiveness program created by the Biden-Harris administration. This decision comes to us in an especially heightened moment. Students across the nation are overwhelmed by the total cost of attending college amid rising costs of living and speaking honestly about its growing Read more >
News & Commentary
Eloy Ortiz Oakley on the 2023-24 Governor’s Budget May Revision
News & Commentary
Governor’s Proposed Budget Keeps College Students Centered Amid Projected Deficit
On Tuesday morning Governor Newsom released his proposed budget for 2023-24, providing details on his plan to spend $297 billion. Newsom acknowledged the economic volatility of the moment during his press conference in Sacramento while also sharing his Administration’s intent to “[keep] our promises.” While cuts and delayed investments in certain areas are evident throughout Read more >
News & Commentary
New compacts, historic funding levels: May Revise Budget steers California higher education toward unification
Governor Newsom’s May revise budget, built upon California’s $97.5 billion budget surplus, marks a historic commitment to funding California’s public higher education segments. While the 5% annual base general fund increase for five years to the University of California, California State University, and California Community Colleges systems is significant in and of itself, most notable Read more >
News & Commentary
Equitable, Affordable, & Timely Degree Completion: It’s Our Focus, and It Can Be Across California with Smart Policy
Last week, Governor Newsom and the state legislature agreed on a historic state spending plan that comprehensively invests in California’s future. The budget’s unprecedented investment in higher education aims to counteract enrollment decline at the California Community Colleges, support enrollment growth at the UC and CSU, improve college affordability through increased access to financial aid and nontuition Read more >