Tuition Hikes of Up to 9% Under Review
February 24, 2009
By Berny Morson - Rocky Mountain News
Members of the legislature's Joint Budget Committee are considering tuition increases for state schools that top out at 9 percent at the University of Colorado and other research institutions.
But lawmakers have been quietly discussing a system similar to the one at the University of Denver, where affluent students pay higher tuition. Some of the increase covers financial aid for struggling families.
DU is raising tuition next year to $34,596, a 4.9 percent increase. With room and board, the bill at DU will come to $44,977 a year. Few students, however, actually pay that amount. About 80 percent of undergraduates receive some form of financial aid.
CU has been increasing financial aid over the past 10 years.
The tuition issue will come up in the next month as the JBC drafts the state budget for the fiscal year that begins July 1.
DU does not report declining applications as a result of the high tuition. Undergraduate applications this year are at 10,650, up from 8,242 at this time last year.
© Rocky Mountain News