Colleges Seek Tuition Hike

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Tuition could increase dramatically at public universities in Colorado.

As they struggle with state budget cuts, public colleges are seeking permission from state lawmakers to increase tuition rates by as much as 21 percent.

Schools asked the Legislature's Joint Budget Committee Monday to allow them to boost rates higher than the 5.5 percent recommended by the Colorado Commission on Higher Education.

The University of Colorado would like to raise tuition by an average 13 percent.

CU President Betsy Hoffman says her school has about 400 million dollars in deferred maintenance costs. She says talented professors are being lured by offers of higher salaries and better benefits from other schools.

Colorado State University has proposed a 21 percent tuition rate hike.