By CARA MATTHEWS
Gannett Albany Bureau
ALBANY -- Legislative leaders announced Tuesday they have a tentative deal with Gov. Andrew Cuomo on a bill that would allow State University of New York campuses to increase tuition $300 annually for five years.
The hikes would raise annual undergraduate tuition a total of 30 percent over five years, from $4,970 to $6,470.
"They need money, but we have to keep it (tuition) affordable," said Assemblyman Ron Canestrari, D-Cohoes, Albany County, the chamber's second-in-command. "I think this is a good compromise."
The agreement would permit a 10 percent a year tuition increase for out-of-state students, who currently pay $13,380 to attend SUNY.