By Associated Press - Wednesday, March 12, 2014

ALBUQUERQUE, N.M. (AP) - University of New Mexico officials are discussing an idea for providing students of the Albuquerque school with a new tuition option.

KRQE-TV (https://bit.ly/1erTWoB ) reports that the idea involves giving students the option of accepting a 10 percent tuition increase but also having that higher rate locked in for four years.

The university has increased its tuition annually in recent years, and Associate Vice President Terry Babbitt says the proposed optional approach could provide stability to students and their families.

The proposal was a discussion item during the Board of Regents’ meeting Monday.

The board is expected to consider it on March 25.

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