College students in Florida are getting a real-world lesson in economics as the effects of $300 million in budget cuts are starting to hit home.
At Florida Atlantic University, nearly a third of classes in the normally bustling summer session have been canceled, after the school took a nearly $25 million hit. Florida International University is deferring some maintenance projects and delaying hiring while the University of Florida has asked its departments to cut about 5 percent from their budgets.
At the same time, state universities are expected to increase tuition by 15 percent for the fourth year in a row.
"To have 15 percent increases year after year is unfair to students," said Ayden Maher, president of FAU's student government.