State aid to higher education http://michiganradio.org en MSU and the University of Michigan to raise tuition rates http://michiganradio.org/post/msu-and-university-michigan-raise-tuition-rates <p></p><p><span style="line-height: 1.5;">Students at two of Michigan’s largest universities will be paying more in the fall.</span></p><p>The University of Michigan’s Board of Regents increased in-state undergraduate costs by 2.6% yesterday.</p><p>For out-of-state students, the increases will be higher: According to <a href="http://michigandaily.com/news/regents-approve-fy15-budget-say-goodbye-coleman-and-slottow">The Michigan Daily</a>, out-of-state undergraduates will see their cost of attendance rise by 3.4%.</p><p>That brings the total cost of in-state attendance to $13,158. For out-of-state students, cost of attendance will be around $41,578.</p><p>Michigan State University followed suit today, increasing its in-state costs by 2.6% for in-state underclassmen, and 2.9% for in-state juniors and seniors.</p><p>The state’s budget increased its funding for higher education this year by 5.9%.</p><p>For the University of Michigan and its three campuses — Ann Arbor, Flint, and Dearborn — that translates to $295 million coming from Lansing. That’s an increase of $18.5 million.</p><p> Fri, 20 Jun 2014 17:22:00 +0000 Michigan Radio Newsroom 18089 at http://michiganradio.org MSU and the University of Michigan to raise tuition rates U of M's endowment is bigger than the GDP of the Bahamas http://michiganradio.org/post/u-ms-endowment-bigger-gdp-bahamas <p><span style="line-height: 1.5;">Editors of the New Republic saw this tweet from NYU professor and Eurasia Group president Ian </span>Bremmer<span style="line-height: 1.5;">:</span></p><p></p><blockquote class="twitter-tweet" lang="en"><p>Top Univ Endowments &amp; GDP equiv 1 Harvard (Jordan) 2 Yale (Afghanistan) 3 Stanford (Honduras) 4 Princeton (Bosnia) 5 MIT (Nicaragua)</p>— ian bremmer (@ianbremmer) <a href="https://twitter.com/ianbremmer/statuses/460443984679419905">April 27, 2014</a></blockquote><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script><p></p> Thu, 01 May 2014 18:22:43 +0000 Mark Brush 17451 at http://michiganradio.org We are starving our future in Michigan by not investing in higher education http://michiganradio.org/post/we-are-starving-our-future-michigan-not-investing-higher-education <p><span style="line-height: 1.5;">Yesterday, <a href="http://michiganradio.org/post/u-m-out-reach-most-michiganders-can-new-president-help?nopop=1">I talked about the challenges the University of Michigan’s new president faces</a>. One of those is, of course, the fact that it is becoming increasingly difficult to afford an education.</span></p><p>That provoked a lot of reaction, and I was surprised by the tone of a lot of it.</p><p>Specifically, many people feel that especially with the lagging economy, it makes no sense for students to study things that won’t clearly pay off in a job.</p><p>"There's nothing wrong with art appreciation. There are plenty of books, DVDs and YouTube clips out there," one man said. But he thought it was outrageous that someone would spend a vast amount of money on something "that will turn out to be a nice hobby," and then "complain about the lack of job opportunities." Tue, 04 Feb 2014 14:38:56 +0000 Jack Lessenberry 16291 at http://michiganradio.org We are starving our future in Michigan by not investing in higher education Study finds Michigan public universities generate nearly $24 billion in spending http://michiganradio.org/post/study-finds-michigan-public-universities-generate-nearly-24-billion-spending <p><span style="line-height: 1.5;">Michigan’s public universities are “building the case” for more state aid.</span></p><p>The group representing the state’s 15 public universities released<a href="http://www.pcsum.org/reportsandstudies/otherreportsstudies/"> a report</a> today showing the economic impact they have on Michigan. The study, by the Anderson Economic Group, claims the universities generated nearly $24 billion in direct and indirect spending in Michigan in 2012.&nbsp;</p> Tue, 10 Dec 2013 19:19:25 +0000 Steve Carmody 15632 at http://michiganradio.org Study finds Michigan public universities generate nearly $24 billion in spending Higher ed in Michigan: tuition rises as state support falls http://michiganradio.org/post/higher-ed-michigan-tuition-rises-state-support-falls <p>In-state tuition and fees at Michigan's four-year public colleges and universities rank sixth highest nationally, with a Michigan average of $11,600 per year.</p><p>But state support for higher education per full-time student in Michigan ranks fifth from the bottom. State support per student is $3,962 in Michigan compared to the national average of $6,646.</p><p>That's according to data recently released by the College Board in a report on<a href="http://trends.collegeboard.org/sites/default/files/college-pricing-2013-full-report.pdf"><em> </em>"Trends in College Pricing 2013."</a></p><p> Tue, 05 Nov 2013 14:51:29 +0000 Michigan Radio Newsroom 15123 at http://michiganradio.org Higher ed in Michigan: tuition rises as state support falls