Colorado lawmakers are considering a major overhaul of the state’s college tuition program.
The Senate Education Committee on Wednesday will debate a bill that seeks to raise an additional $300 million by requiring parents and students to pay more.
Lawmakers announced the move as a way to help the state cover a projected $1.7 billion budget shortfall next fall. If approved, the measure would go into effect this November.
In exchange, colleges would have to meet strict goals for graduation and employment of students or they would have to roll back tuition increases.
– Associated Press