Saturday, October 25, 2008

Michigan State University raises tuition, but covers its costs

Michigan State University raises tuition, but covers its costs
"Michigan State University will raise tuition by 1.2 percent but students won't have to pay the higher rate until summer.
Technically the tuition increase announced Friday takes effect with the spring semester. But the university will cover the cost, meaning students wouldn't have to pay higher rates until summer.
Many students don't take summer classes and would not feel the effects of the higher rate until next fall.
The university said higher tuition rates are needed because state aid has been less than anticipated.
The higher rates would have a freshman from Michigan taking 15 credits pay $4,721.25 for a semester. That's $56.25 more than this fall.
Michigan State raised tuition 6.8 percent headed into this fall."

No comments:

Debt Clock

Total Pageviews