Although the governor's new budget proposal, which includes cutting off all state funding of Hastings, has not been approved and is being "viewed skeptically" by state legislators, it's a scary piece of news for Hastings students, both current and future.
If California does indeed revoke it's $10M annual payment to the school, and the school is forced to pass along the cost to its students, tuition would go up $8,175 per year for each of Hastings' 1,250 students.
According to the Cal Law story on the news (free reg. req.), "the governor [is] targeting Hastings and other state-funded programs that don't have a federal mandate." The switch would effectively make Hastings a private institution.
Unsurprisingly, the issue of UC Irvine and its new law school has come up:
"Why would we start a new law school when we've had Hastings around for 100 years, and it has a great reputation?" said Sen. Denise Ducheny, D-San Diego.