CU president rejects suggestion to privatize the school |

CU president rejects suggestion to privatize the school

Colleen O'Connor
The Denver Post

Backed by a cadre of Colorado college chieftains, University of Colorado president Bruce Benson on Friday shot down the suggestion that his state-funded university should go private.

“CU-Boulder does not want to be privatized,” he told the state’s Long-Term Fiscal Stability Commission. “It’s a bad idea for the state and for the students.”

The commission, composed of 10 citizens and six lawmakers, is chaired by state Sen. Rollie Heath, D-Boulder, and is charged with creating a strategic plan for fiscal stability in all areas, from higher education to transportation funding.

At a July meeting of the commission, about 40 people testified about the state’s fiscal model, discussing which programs could be saved and which cut. Denver lawyer Herbert Fenster argued in favor of privatizing CU.

Benson was invited to answer Fenster’s proposal.

He quickly listed his objections to yanking state funding for the school, which runs mostly on tuition and tax dollars, with some charitable donations and research grants.

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