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College Funding

By: Associated Press
By: Associated Press

The way Colorado pays for its residents to go to college could change under a measure unveiled today at the statehouse.

Two Republican state lawmakers are planning to introduce a
measure early next week to make Colorado the first state in the
nation to give tax money directly to students instead of universities.

House majority leader Keith King is the primary sponsor of the
bill, which he says will help encourage more high schoolers to
continue their education because it makes the state's subsidy more
visible.

Under the plan, the state would award each high school student
about 66 percent of the average public college tuition or
46-hundred dollars annually up to four years.

Students would be responsible for the remaining cost through
tuition payments, financial aid or grants.


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