Posted : Mar 11, 2010 9:22 AM
Updated: Mar 11, 2010 9:23 AM
The University of Colorado regents are considering whether to raise tuition by 9 percent for in-state students and 5 percent for new out-of-state students.
The regents discussed the increase Wednesday and scheduled a vote for March 29. They say they're reluctant to raise students' costs but say they face a crisis because of declining state funding.
Kelly Fox, CU's chief financial officer, says that even with the tuition increase and $21 million in cuts from next year's budget, the university could face a shortfall of up to $89 million in the 2011-12 budget year.
CU has campuses in Boulder, Denver, Aurora and Colorado Springs.
Jeff at Mar 11th 2010 11:37 AM
As a UCCS student all I can say is of course. It is sad that they are thinking about raising tuition yet I cannot walk around campus without tripping over 10 construction workers. Half the time, it seems like UCCS is spending money on nothing, like the new event center they built for our 1st rate basketball teams! STOP WASTING MONEY AND YOU WON'T HAVE TO WORRY ABOUT THIS! Unfortunately this happens when government funded instituions have a use it or lose it policy.