Leaders of the University of Colorado's Boulder campus would like to invest some of the revenue from a proposed 8.6 percent tuition increase for in-state students into its engineering and arts and sciences colleges to address soaring enrollments.
Regents are scheduled to vote in mid-April on next year's tuition rates, and they asked campus finance officials to also draw up a lower proposal of 6.7 percent for their consideration. The difference would equate to $1.5 million less in tuition revenue, according to Ric Porreca, CU's Chief Financial Officer.
If the lower tuition increase were passed, CU wouldn't be able to make investments in some of its quickest growing colleges to keep class sizes down, according to CU officials.
"What would happen is we would have fewer resources for instruction -- less of an ability to attract and retain some instructors," said CU spokesman Bronson Hilliard. "We'd have longer waitlists for classes, larger classes and fewer sections."