DENVER — Lawmakers drawing up the state budget have approved a $29 million cut for higher education next year.

According to the Denver Post (http://bit.ly/wxSHwT ), the General Assembly's Joint Budget Committee on Monday set aside $490 million for colleges and universities.

The plan now moves to the Appropriations Committee, where it will be open for discussion.

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Information from: The Denver Post, http://www.denverpost.com