Colorado

Mar 29, 2010 8:53 AM by Associated Press

University of Colorado considers 9 percent tuition hike

The University of Colorado is considering a 9 percent tuition increase for in-state students next year. CU's Board of Regents is set to vote on the hike Monday morning.

Under the proposal, tuition would rise by $572 to $7,018 a year. Out-of-state students would pay $28,000, up $1,300 from this year, a 5 percent increase.

A new national survey shows students at CU and other institutions could be covering more of their tuition in the future.

The College Savings Foundation says that 75 percent of college-bound students expect to pay for all or part of their higher education costs.

Chairman Peter Mazareas says many parents with reduced retirement savings and incomes don't want to take on long-term loans to pay for college.

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