Hmm, ours is 1.50. Just went up recently. And its 1.50 with or without transfer. Though they are only like 2 hours. All day passes are 3 bucks.

With my student ID, however, I get to ride free.

I was afraid I had lost my ID saturday though. D: We had a huge liberal festival thing and I was there ALL DAY. I couldnt find the ID on the way home. Finally did, but that was scary since it saves me 3bucks a day going to work.