Another Way the Economic Crisis Will Affect You!

While in Washington D.C., they are trying to figure out how to keep Ford, G.M., and Chrysler from going bankrupt; and as the Obama team is searching for a way to create 2.5 million new jobs over the next two years, closer to home we may have a $5 billion dollar budget shortfall in the Washington State.

That is bad news for all of us. For example:

20% cuts may be ahead for state colleges, universities as bottom falls out of budget Seattle Times Newspaper:

"The University of Washington and other institutions are trying to figure
out ways to plug a yawning budget gap. Officials at several universities are
already talking about raising tuition by 10 to 15 percent next year — perhaps
$1,000 per student. That would require lawmakers to lift the current limit on
schools of 7 percent in tuition increases annually."