Middle-class scholarships to UC, CSU likely

But not this year!

So says the headline in the San Francisco Chronicle: [excerpt]

The “Middle-Class Scholarship” proposed by Assembly Speaker John Pérez, D-Los Angeles, would offer tuition discounts for students from families earning $80,000 to $150,000 a year. The program would start in the 2014-15 school year, with partial scholarships costing the state $107 million from its general fund. The state would increase spending on the program each year until it was fully implemented in 2017-18, at a cost of $305 million – assuming 75 percent of eligible students apply. Tuition discounts would decrease as family income rises…

Full story at http://www.sfgate.com/education/article/Middle-class-scholarships-to-UC-CSU-likely-4597581.php

Of course, there are students that might not want to wait a year:

UPDATE: The LAO was not keen on this particular plan but was not asked: