California Agency’s Budget Grew 68X Over the Past Decade
Update: 2025-08-09
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(The Center Square) - The budget of a little-known California agency ballooned to over 68 times its original size over the last decade, but few people have taken advantage of the ScholarShare Investment Board scholarships that the agency funds, an investigation by The Center Square found. Since the 2015-2016 fiscal year, SIB's budget grew from $2.9 million to $198 million as the state created a universal scholarship claimed by only 11% of eligible students, state data shows.
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Read more: https://www.thecentersquare.com/california/article_eefe7099-2e23-4413-859a-7e86da0ffdad.html
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