But the governor glossed over a key detail: His spending plan doesn’t actually provide Colorado’s colleges and universities enough money to do so. The governor’s plan calls for colleges to pass on $80 million of those costs to out-of-state students through a 6.5% tuition hike. Out-of-state students already pay much higher tuition than Colorado residents. Overall, 34% of higher education funding now comes from out-of-state students, while in-state students provide 37%. For the state’s largest universities, out-of-state tuition now provides more funding than in-state students or Colorado taxpayers.

Source: Daily Sun December 26, 2023 13:36 UTC