The University of Colorado will no longer raise student tuition each year, instead adopting a four-year fixed rate for in-state students.
The Daily Camera reports that CU's Board of Regents approved a plan that will lock in tuition and mandatory fees for each entering class of in-state students for the next four years. Previously, tuition prices were set each spring, with annual increases anywhere between 3 and 30 percent.
CU officials say the new system will better help students plan and budget for their college education.
Out-of-state and international students already attend CU with a tuition guarantee.