The colleges need to do their part by reducing fees. Mr. Spencer also asked if the formula was acceptable to the Legislature. There is a general understanding by Legislators about the formula. President Aceto stated that the legislators do not like entitlements. The colleges need a formula that stays away from entitlements.
Legislation requires that they pay the full cost of education.
He would like the Board to pay particular attention to the cost and value of these students. The economic impact of these students is great. The Board recommends that the campuses support the FY1998 Budget with their Representatives. Committee Chair Davis hopes that the colleges have bought into this budget. If not the Legislature will not buy it.