Why are colleges and universities participating in COF?
Under COF, the 26 participating public colleges and universities will no longer be directly state funded, and can pursue enterprise status which removes the restrictions the Taxpayer Bill of Rights (TABOR) places on how much tuition and tax-generated revenue they are allowed to keep. Once they achieve enterprise status, COF participants are allowed to raise tuition. In addition, COF legislation will ultimately free them from a variety of state regulations.