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Colorado’s State College System Adopts Tuition Increase

ColoradoThe University of Colorado Board of Regents recently voted in favor of imposing a tuition increase on each of the four campuses located in their state. The following is a breakdown of the fees for each school:

  • Boulder Campus – a 9 percent increase will set the annual tuition rate to $7,018 for the 2010-2011 academic year
  • Colorado Springs – a 7.2 percent increase will bring the annual tuition rate to $6,270 for the 2010-2011 academic year
  • Denver Campus – a 9 percent increase on tuition is slated; detailed costs can be found here
  • Anschutz Medical Campus – an 8.8 percentage increase ($420) will be adopted for the nursing program and the medical school tuition will rise by 6.5 percent or $1,722

It appears that the tuition increases were unavoidable given the state of Colorado’s budget shortfall of $2 Billion dollars over the past two years. “Cuts in operating and other costs, including the elimination of some positions, are also in the works”, said Kelly Fox, CU’s chief financial officer. CU has already cut $50 million in operating and other costs for the current year, eliminating 200 positions.

While tuition increases are never welcomed, it appears that Colorado joins the long list of state college systems that are currently being tapped to help with budget deficits.

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