New bill would extend college tuition increase cap indefinitely

The new measure, Senate Bill 15-062, would create an exception for the Colorado School of Mines, which could increase tuition by 6 percent or twice the inflation rate, whichever is greater. And if state funding for higher education increased by less than the rate of inflation in a given year, any college could ask the commission for permission to increase undergraduate resident tuition rates by more than 6 percent.