COLUMBIA, Mo. (AP) -- University of Missouri curators have agreed to raise tuition at the system's four campuses this fall by an average of 3 percent for state residents.
The increase is less than half the increase proposed by leaders of the four-campus system earlier this month. It also means the university will likely be able to avoid seeking a waiver from the state Department of Higher Education as well as angering Gov. Jay Nixon, who has warned the university to keep college costs down.
State law limits annual tuition increases to the rate of inflation, which is currently at 3 percent. Higher increases require approval by Missouri's higher education department.
The reduced revenue will mean the likely elimination of between 200 and 245 full-time jobs that are either vacant or currently filled.