Posted: Feb 15, 2010 6:41 AM by Associated Press
State lawmakers are considering giving public universities the freedom to set tuition rates to make up for a looming drop in funding.
Higher education has been spared deep cuts so far because of federal stimulus dollars. That money will dry up by 2012 and the state isn't expected to be able to make up the difference.
Senate Majority Leader John Morse says allowing schools to set tuition without state approval is one idea he and Minority Leader Josh Penry are reviewing to help make up for the drop in funding. Morse says he's concerned about making a college education inaccessible for most residents.
University of Colorado president Bruce Benson says CU could set aside some money raised by higher tuition to provide financial aid for students who can't afford it.