California State University finance committee approves 6% tuition hike starting next year, board expected to vote on it

LOS ANGELES (KGO) — The California State University finance committee voted on Wednesday to approve a 6% tuition increase starting next year.

The CSU board of trustees met on Wednesday and discussed a multiyear tuition hike across all Cal State schools.

For students, this means an initial increase of $342 and then by 2028, it will be nearly $2,000 more than it is now.

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The proposal is projected to generate $148 million in new revenue, but the system would also increase student financial aid by $49 million.

This story is developing. Check back for updates.