Starting next fall, University of Colorado in-state undergraduate students in Boulder and Denver will pay 9.3 percent more in tuition.
It’s the second year in a row that University of Colorado regents have approved a 9 percent increase. But what’s different about this year is the debate the topic sparked among CU regents.
In contrast to last year, when regents voted 8 to 1 to approve a tuition hike, on Wednesday they approved it with a 5 to 4 majority. Those against it raised concerns about the university becoming too expensive for some students. Meantime, the majority said it came down to a simple math equation: state funding is on the decline, and increasing tuition is one of the few ways the school can compensate for the loss.
The change means undergrad tuition will go up by $654 to $7,652. In-state graduate students will see tuition raised by 5 percent to $9,378. The only group immune to the hike is current in-state undergraduates. The University of Colorado locks in a four-year rate for these students, which is guaranteed.
Overall, the increases are expected to bring in about $42 million more in revenue next year.
