CU considers 14.5 percent tuition increase - Higher Education

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CU considers 14.5 percent tuition increase

by Associated Press

BOULDER Colo.

University of Colorado is considering a 14.5 percent increase in tuition for in-state students at its main Boulder campus.

The university’s governing Board of Regents could approved the increase at a meeting Thursday. It would raise tuition in Boulder by $664 a year to $5,218 for in-state students.

Resident students would pay an extra $724 a year at the Denver campus and $285 at the Colorado Springs campus.

Tuition would rise $1,130 a year, or 5 percent, for new out-of-state students at the Boulder campus. Out-of-state tuition for new students at the Denver campus would rise 5 percent but would not change at the Colorado Springs campus.

Out-of-state students already attending CU would remain at the current tuition rate.

“We have to do this to provide a role that is very significant to the state,” said Robert Moore, CU’s vice president of budget and finance.

Last week, Colorado State University announced a tuition increase of $574, to $4,040.

Gov. Bill Ritter and state lawmakers said they want to find ways to fund universities without shifting more costs to students.

“The highest priority for the (Joint) Budget Committee is to figure out a better way to fund our colleges and universities,” said Rep. Bernie Buescher, D-Grand Junction, chairman of the committee.

Ritter convened a meeting of 40 higher-education leaders to start work on a long-range funding plan.

“Our institutions of higher learning have suffered from years of budget cuts, and the governor has worked hard to limit tuition increases, particularly for middle-and-lower-income families,” Ritter spokesman Evan Dreyer said.

– Associated Press

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