EAST LANSING, MI (WLNS) – It’s a tough reality. You attend classes at a college or university in Michigan and the cost every year could be higher than the year before.
On Wednesday the MSU board of trustees passed a tuition hike of 2.7 percent. While they didn’t want to, MSU’s president, Lou Anna K. Simon says the data shows parents are prepared.
“I’m not a fan of huge increases cause it’s harder and harder for families to absorb. We’ve been very transparent of what next year will bring a year in advance. We’ve missed it sometimes but we try to be fair with parents about what we are thinking about,” said Lou Anna K. Simon, president, MSU.
Some students think differently. Higher tuition means fewer students will fill chairs in classrooms.
“People drop out because of financial reasons. That’s a good reason to keep the tuition down,” said Janae Carter, undergraduate student.
Simon says the increase isn’t as high as other state universities. While no one likes to see an increase by doing it makes MSU a competitive university illustrated by the fact they had over 50,000 applicants for this upcoming school year.
“The students we’re admitting don’t have to come here. They can go anywhere and they’re making own choices about coming here because they see it as a great investment in their future. That’s what we have to continue to focus on.”
Freshmen and sophomores will pay $12 more per credit hour, while juniors and seniors will see an increase of $13.25. Students would pay between $13,560 and $15,105 per academic year for 30 credit hours.
The hike for graduate students in most colleges will be 4 percent. In-state graduate students will pay $26.75 more per credit hour. It goes up by $52.75 for out-of-state grad students.