BOULDER, Colo.—The University of Colorado regents have postponed voting on a 4 percent cap on in-state tuition increases for next year.
The Daily Camera reports the regents voted 5-4 Wednesday to delay action. CU administrators have filed a request with the state to raise tuition by up 9.5 percent, saying it would leave options open if state funding keeps declining.
The regents who proposed a tighter cap voiced concern about the effects of bigger increases on students.
But CU-Boulder Chancellor Phil DiStefano has said now isn’t the best time to decide tuition levels because the state budget is still uncertain.
University leaders are bracing for a $77 million shortfall in the next budget.
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Information from: Daily Camera,
