March 26, 2004
Led by Colorado, States Weigh New Approaches to Financing Colleges
As state budget deficits and other spending restrictions continue to squeeze higher education, lawmakers in several states are considering changes in financing that would make public colleges look more like private ones.
In Colorado and Virginia, the ideas involve a tradeoff: Public colleges would agree to take less state money in order to gain management flexibility, including the ability to raise tuition by greater amounts.
Colorado is debating a plan that would take most
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