All this after years of stagnant middle class incomes.
Thank the Michigan legislature for slashing state aid to colleges every year for a decade, balancing the state budget on the backs of our future...
...and of course Governor Rick Snyder just slashed state funding to universities by ANOTHER 15%, but ONLY if the school promises not to raise tuition by more than 7%. If a school raises its tuition by more than 7.1% it will see even MORE cuts of up to 22%.
On June 21, 2011, Governor Rick Snyder signed HB 4325 (PA 62 of 2011) into law. It contains a 15 percent across-the-board cut in state operating support for Michigan’s 15 public universities, provided the universities keep FY 2011–12 tuition/fee increases to 7.1% or less. Those universities that fail to meet the tuition restraint requirements will see cuts ranging from 19 percent to 22 percent.