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Fri March 4, 2011
Proposed Budget Would Lead To Higher Tuition
By KRWG News
New Mexico – A budget approved by the New Mexico House would result in a higher percentage tuition increase next year for students at community colleges than for those at four-year universities.
The proposed budget calls for community colleges students to pay a 9.5 percent increase next year to help offset state cuts.
Students at four-year colleges and research universities would pay at least 3.1 percent more.
The increases are essentially a tax by lawmakers. Institutions must raise tuition by at least that much or lose the equivalent amount in revenue.
Those increases don't include any additional tuition hikes that may be approved by college governing boards this spring.
Information from: Albuquerque Journal, http://www.abqjournal.com
Copyright 2011 The Associated Press.