If you're wondering what that extra tuition is going for at The State College of Florida, you may want to start at the $71,000 Cadillac Escalade they are picking up for officials to use on college business trips. Are students annoyed? Sure, since tuition just "escalated" 8%. Who says college isn't worth it?
For the record, the specific vehicle is a 2011 Cadillac Escalade Hybrid four-wheel-drive SUV with V8 engine, known as "the world's only full-size luxury hybrid SUV." It comes with a price tag of $71,685 before taxes.
Trustee Dr. Craig Trigueiro, a Bradenton physician, said by law he could not comment on the specific transaction. He did say that in general he would "closely watch financial matters." "One of the charges the governor gave me was to not only give the students the best education they could possibly get, but do so at the best possible cost to the taxpayers," Triguiero added.1
Maybe he wasn't aware school enrollment dropped by 15%. On the up side, the college will trade in their 2008 Lexus hybrid, with an estimated $27,000 to put towards the Cadillac's cost.
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Source: 1http://www.bradenton.com/2011/08/02/3390274/scf-to-buy-new-suv-for-officials.html