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Higher Ed in the News

Gov. Ritter signs bill allowing college tuition hikes

June 10, 2010

Colorado Gov. Bill Ritter signed a bill Wednesday giving Colorado colleges and universities more flexibility to set tuition rates. He also signed a bill providing $35 million to assist lower- and middle-income students with tuition.

Lawmakers say the legislation was necessary because the state plans to cut college funding by $300 million next year to cover a projected $1.7 billion budget deficit.

Colorado colleges and universities have been notified they should plan for up to a 50 percent cut next year in state funding.

The tuition flexibility bill allows governing boards to increase tuition up to 9 percent per year for the next six years, starting in July 2011. Larger increases would have to be approved by the Colorado Commission on Higher Education.

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