State Senate Signs Bill Capping Tuition Increases for Universities

By: Associated Press
By: Associated Press

AUSTIN, Texas -- The Texas Senate has approved a bill that would limit tuition and fee increases to no more than 5 percent a year for most large universities.

The bill passed by the Senate on Monday would also allow incoming freshmen to lock in tuition rates and pay the same amount for four years. It would not apply to most schools until the 2010-2011 academic year.

The legislation, which passed unanimously, now moves to the Texas House.

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