The board of trustees sets tuition for each school year.
Last year it began an investigation into whether some elite East Coast colleges fixed prices in setting tuition.
"The underlying desire is a good one: to put predictability and stability into setting tuition," he added.
Start with the system we use to set tuition and fees.
The university's board of trustees set tuition at $11,800, up from $10,950 this academic year.
Kehillah's Board of Directors has set tuition for the 2011-2012 school year.
Minnesota had set tuition at 33 percent of the actual cost of educating a student.
But the university is still free to set higher tuition for each entering class.
The original decision, made last month, would have set tuition at $1,050 for those who had served in the army, while others paid $1,550.
The trustees set tuition, but the Legislature and the governor have the final say.