Tuition increases for Louisiana colleges get legislative approval.(money tree)

BATON ROUGE, La. (AP) --Students at Louisiana's public colleges and universities are on track to lace higher tuition costs after a bill to allow four years of consecutive tuition increases received final passage with a unanimous vote of the House.

Under the proposal, public universities and colleges could raise tuition from 3 to 5 percent each year for four years. The increase would be based on a formula determined by the Board of Regents, which governs higher education in Louisiana. The formula looks at how individual schools stack up against peer institutions in the South.

The measure by Rep. Don Trahan, R-Lafayette, heads to Gov. Bobby Jindal, who supports …