CU regents mum on new president, raise undergraduate tuition by 2%

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The University of Colorado’s governing regents were still engaged in their process of selecting a new president during a closed meeting Thursday and declined to reveal names and demographic information on candidates and five finalists.

Then, in their regularly scheduled public meeting, the regents voted to raise undergraduate tuition by 2% — well below the rate of inflation — for newcomers on CU’s four campuses.

They approved this tuition hike, and 3% raises for faculty and staff, after factoring in Colorado lawmakers’ plan for how much tax money will be devoted to higher education at the state’s public post-secondary schools next year — about $1.03 billion overall, up 11% from $927 million this year.

Tuition revenues cover the bulk of public university budgets (81% at CU Boulder) because government funding provides a relatively small portion (10%).

On the presidential front, CU Board of Regents chairman Jack Kroll heard concerns of a Latino advocacy group and invited members to participate in a campus dialogue following the announcement of a finalist or finalists.

The Colorado Latino Leadership Advocacy and Research Organization has declared “outrage” at “conflicts of interest and abuse of the process,” calling for an attorney general investigation into CU’s search process. Kroll told CLLARO leaders at the meeting Thursday “the door is open” for talking with those seeking the job.

“We must do more for our Latino students, staff and faculty,” Kroll said. “We all benefit when we work together.”

A 19-member search team first narrowed a pool of more than 100 candidates to serve as CU’s president to about 30 and then interviewed about 10. Following those interviews, the team sent names of at least five candidates to the regents, CU officials said. The regents have interviewed them and are mulling who to name as a finalist or finalists.

After a 14-day period for the finalist or finalists to meet students and faculty on campuses, the regents will vote for the new president.