CU Tuition Hike Looks Inevitable

BOULDER, Colo. (CBS4) – Once again students at the University of Colorado can expect to pay more for tuition next year.

CU’s Board of Regents talked Friday about addressing the widening shortfall between operating costs and the funding it gets from the state.

This year the average in-state student pays about $7,600 in tuition. Next year the price is projected to rise above $8,300. That’s an 8.5 percent increase.

The CU regents have had difficulties finding a hard and fast number that takes care of their needs and keeps college affordable to Coloradans. But it seems clear a tuition hike in inevitable.

“The 9.3 percent that we had last year was unacceptable to me. The 15.7 that was proposed to us in January was unacceptable,” CU Regent Sue Shirley said.

“Right now I think the board is focused on what we can achieve this year with a modest tuition increase,” CU spokesman Bronson Hilliard said.

A more popular idea is multiple year guarantee that would lock incoming students in at a four-year rate. But those rates might change for each incoming class. Student President Carly Robinson says that’s the plan the regents need to adopt.

“The guaranteed tuition proposal is the best way to go. It would make it so families could plan. They would know what they owe every year,” Robinson said.

People close to the discussions call the multi-year deal unlikely — at least for now. CU says raising tuition is imperative. With less state money going to higher education the university faces a major shortfall. Without higher tuition CU could be forced to cut facility, or even whole programs.

“They might find their whole degree program eliminated completely after they’ve been here two to three years,” Hilliard said. “So big cuts are a serious thing for our students.”

To off-set the rising cost, financial aid may become more available to in-state students.

A vote on the tuition hike is expected to happen April 18.

  • Jethro Helps

    Well of course. Benson paid off his University cronies last year using the 2011 9% tuition increase. Now his sycophants ensure his job as University president. Next year’s salary additional will be used for more salary increases for professional exempt positions. This time Philip P. DiStefano ask for an 8.6 % increase in tuition for full-time resident students, which includes moving the maximum credit hours charged to full-time students from 11.25 to 12 hours, and a 1.7% inflationary increase in the cost per credit hour. That proposal would raise tuition for a full-time student in the College of Arts & Sciences from $7,672 to $8,328. Further DiStefano adds, in recognition of the concerns the administration has heard regarding salary pool allocations, a modified compensation pool for faculty and exempt staff has been proposed for FY 2013 for all the CU campuses. A 3% merit-based pool will be available for everyone who makes less than $100,000 annually; for those earning between $100,000 and $175,000 a maximum award of $3,000 may be awarded; and for those making above $175,000 no merit-based salary pool will be available. The estimated campus cost of this compensation for faculty and exempt staff is $5.4 million. A non-base building increase for meritorious classified staff is proposed at 3%, costing $2.6 million.
    To the uninformed public this proposal increases the professional exempt salaries 6% over the 2011-2012 fiscal years. However, the lowly classified staff is proposed, but unlikely, at 3%. Classified staff at the University of Colorado, after adjustment for increased insurance costs, increased retirement benefit costs; inflation considerations have received a real dollar reduction in pay by 15% over the last five years. In other words, Classified Staff at the University of Colorado receive less compensation and have suffered a reduction in reflected income meaning they are paid less now than they were paid five years ago. Classified staff was reduced over the last five years and, for the remaining Classified staff, their work load was increased to cover for the reduction in Classified staff.

  • Jen

    Listen to CU Boulder radio 1190, Mon-Wed-Thursd from 6 to 7 ( Mountain time ) to the News Underground.
    Lots of great discussions with CU students and activists regarding the increases.

  • Jen

    Mon-Wed and Fridays
    News Underground

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