Tuition going up at University of Colorado
The Denver Post
Boulder, CO Colorado
BOULDER, Colorado “-University of Colorado students and their parents will have to dig deeper next year to afford the cost of a diploma.
The CU Board of Regents on Tuesday voted to increase the cost of tuition, room and board and other fees for campuses in Boulder, Colorado Springs and Denver.
At Boulder, undergraduate tuition will rise 3.9 percent for residents, and 5 percent for nonresidents. Colorado Springs undergraduates who are residents will pay an extra 5 percent, and nonresidents an additional 2 percent.
In-state tuition will increase less than 2 percent for both residents and nonresidents at the Denver campus.
The fee increases will hike the cost of a year at CU, including room and board, fees and tuition, by as much as 6.8 percent.
Colorado Springs in-state undergraduate students will pay between a 4.6 and 4.7 percent increase, and at Denver the resident undergraduate costs will climb between 3.6 percent and 4.9 percent.
The tuition hike is the third in three years. CU raised its in-state tuition 14.6 percent for the 2007-08 school year and 9.3 percent for 2008-09.
Regents voted 8-1 for the tuition increase and 7-1 for the fee increases, with Tom Lucero voting against both. Regent James Geddes abstained on the fee-increase vote.
Lucero told fellow board members he opposed an increase at a time when the economy is poor and jobs scarce.
“I just believe that this is the wrong time to be raising tuition,” he said.
A depressed economy was on Jessica McAllister’s mind when she returned to CU for a master’s degree last year. McAllister, 24, who graduated in 2006 with a degree in communications, couldn’t get a job in the field and had to settle for working as an administrative assistant.
“I wanted to start fresh,” she said, speaking on the sun-splashed Auraria campus. The latest bump in tuition will hurt, she said. “It will just be more accumulation of loans.”
Geddes, too, made note of the economic downturn, which led to a $50 million decline in state funding to the university system that required $29 million in budget cuts for the 2009-10 school year.
an opportunity to develop land at the edge of town, within eyesight of Interstate 70, has town officials excited about the potential for a long-lasting revenue infusion.