Although large cuts to higher education, University of Michigan has managed to keep costs affordable by reducing spending presence administrative University and through large investments in financial aid.
In fact, for a student's average country with household incomes of $ 80,000 or less, now costs less to attend the U-M than it did six years ago. And the number of loans in financial aid packages for these same students less than 2004. This year alone, the University invested more than $ 100 million in financial aid, and some students of Michigan with an annual family income of about $ 120,000 to accept help.
November 6 Free Press article about the cost of higher education for middle-class family in Michigan (the "College dream slip away"), including errors of fact and inferences inaccurate about college affordability. The risk is that a serious mistake this can prevent qualified students from applying, and that's tragic.
Our country needs more students with college degrees, and we must work together to make it happen. Higher education at the University of Michigan is truly within reach to middle-class students of our country.
This article focuses on the price sticker lessons, rather than the actual cost of attending college. College has indeed increased, as a direct result of the relentless cuts in State aid. Even so, the cost of attending the U-M (which includes tuition, room and Board, books and fees) has actually gone down to our country's students with the needs, because of our commitment to provide financial assistance.