Increasing funding for Michigan Public Universities

Michigan's public universities have struggled from waning state funding over the past 30 years. Where this source of funding used to represent 65% of U of M's funds, it now is less than 20%. In order to accommodate this burden, universities have had to drastically increase their cost of tuition. This has harmed Michigan families and has contributed to the growing problem of student debt in the workforce.

More Affordable College Housing

The costs of college have been noted: tuition is steep (scholarships can assist with this), but what about living expenses? Specifically, rent in Ann Arbor is incredibly expensive, and this leaves students with a burden of an expense, one which is rarely covered by aid. Room and board at Michigan is nearly $11,000. It is extremely difficult for students to get this portion covered in aid.

Financial Aid for Adult Learners

It is no secret that today's employers are looking for individuals that already posses the skills required for their duties when they are hired. Although this seems reasonable from the perspective of college students, all studying specific majors in order to be prepared for their desired career, it can be very troublesome for adults switching careers later in life. Many workers set out to acquire new marketable skills with the expectation that doing so will lead to re-employment, higher pay or more job security.

Prepaid Tuition Plans

The Michigan Education Trust (MET) is a 529 Prepaid Tuition Plan which allows for the pre-purchase of tuition based on today's rates and then paid out at the future cost when the beneficiary is in college. MET allows for the pre-purchase of undergraduate tuition for a child living in Michigan at any Michigan public university or college, including 28 public community colleges. Additionally, students have 15 years to use the tuition benefits and students have the option of direct refund payments to any eligible private or public university in the nation.

College Graduation Rates

In recent years, the state of Michigan has been facing a major graduation problem. Every year, approximately 300,000 students enroll in Michigan's public universities, but when it comes time for graduation, only half are still around. Based on a study conducted in 2015, only 1/3 of Michigan's 15 public universities are graduating enough students within six years to top the national average (59 percent).

The Cost of Textbooks in College

Everyone knows that college is expensive. Whether it be tuition, rent/dorming, or meal plans and food, college students lead a pricey lifestyle. But what about the cost of textbooks? According to NBC News, "since 2006, the cost of a college textbook has increased by 73%." The CollegeBoard reccomends that students budget approximately $1200/year for textbooks and supplies like graphing calculators, which could easily cost almost $200 dollars each.

Office Hours with Topic Coordinator Zach Greenspan Wednesday, March 29th 12 PM

Mar 29 2017, 12:00pm - 1:00pm EDT

I will be hosting office hours to help with any class questions, including proposals, consultations, or other MSC issues. Office hours will be held on Wednesday, March 29th from 12 PM-1 PM in the Ross School of Business Winter Garden. I will have a name tent out to make it easy for you to identify me. Feel free to click attending to this event or email me at zgreensp@umich.edu prior to office hours/to schedule a different time to meet.

Education Cuts in Trump's Budget

President Donald Trump's recent 2018 budget proposal reduces the funding for several federal financial support initiatives aimed to aid low-income student. You can read about the full budget proposal here. The proposed budget would slash funds for the Education Department by 13.5% ($9.2 billion). Trump’s budget would cut funding for the following programs related to post-secondary education:

Tuition-free Early College Programs

The Kent County School District has recently partnered with Grand Rapids Community College and local manufacturing companies to create a new tuition-free early college program called “LaunchU”. The program, to bring with its first 10th grade class in September, is open to all students within the Kent school district and is aimed at those with a knack for and interest in hands-on learning, like inventing and building.

Increasing funding for Michigan Public Universities

Michigan's public universities have struggled from waning state funding over the past 30 years. Where this source of funding used to represent 65% of U of M's funds, it now is less than 20%. In order to accommodate this burden, universities have had to drastically increase their cost of tuition. This has harmed Michigan families and has contributed to the growing problem of student debt in the workforce.

More Affordable College Housing

The costs of college have been noted: tuition is steep (scholarships can assist with this), but what about living expenses? Specifically, rent in Ann Arbor is incredibly expensive, and this leaves students with a burden of an expense, one which is rarely covered by aid. Room and board at Michigan is nearly $11,000. It is extremely difficult for students to get this portion covered in aid.

Financial Aid for Adult Learners

It is no secret that today's employers are looking for individuals that already posses the skills required for their duties when they are hired. Although this seems reasonable from the perspective of college students, all studying specific majors in order to be prepared for their desired career, it can be very troublesome for adults switching careers later in life. Many workers set out to acquire new marketable skills with the expectation that doing so will lead to re-employment, higher pay or more job security.

Prepaid Tuition Plans

The Michigan Education Trust (MET) is a 529 Prepaid Tuition Plan which allows for the pre-purchase of tuition based on today's rates and then paid out at the future cost when the beneficiary is in college. MET allows for the pre-purchase of undergraduate tuition for a child living in Michigan at any Michigan public university or college, including 28 public community colleges. Additionally, students have 15 years to use the tuition benefits and students have the option of direct refund payments to any eligible private or public university in the nation.

College Graduation Rates

In recent years, the state of Michigan has been facing a major graduation problem. Every year, approximately 300,000 students enroll in Michigan's public universities, but when it comes time for graduation, only half are still around. Based on a study conducted in 2015, only 1/3 of Michigan's 15 public universities are graduating enough students within six years to top the national average (59 percent).

The Cost of Textbooks in College

Everyone knows that college is expensive. Whether it be tuition, rent/dorming, or meal plans and food, college students lead a pricey lifestyle. But what about the cost of textbooks? According to NBC News, "since 2006, the cost of a college textbook has increased by 73%." The CollegeBoard reccomends that students budget approximately $1200/year for textbooks and supplies like graphing calculators, which could easily cost almost $200 dollars each.

Education Cuts in Trump's Budget

President Donald Trump's recent 2018 budget proposal reduces the funding for several federal financial support initiatives aimed to aid low-income student. You can read about the full budget proposal here. The proposed budget would slash funds for the Education Department by 13.5% ($9.2 billion). Trump’s budget would cut funding for the following programs related to post-secondary education:

Tuition-free Early College Programs

The Kent County School District has recently partnered with Grand Rapids Community College and local manufacturing companies to create a new tuition-free early college program called “LaunchU”. The program, to bring with its first 10th grade class in September, is open to all students within the Kent school district and is aimed at those with a knack for and interest in hands-on learning, like inventing and building.

Michigan's College Funding Model

Just this week, Michigan's system for funding its unversities has come under fire for the way it distributes its pooled funds across schools. In 2012, Michigan joined 31 other states in tying anywhere from 1% to all of its higher-ed funding to performance-based metrics. In the case of Michigan, half of the funding is based on performance, giving more money to schools with the highest 6-year graduation rates in "an effort to drive outcomes."

The lack of Community College graduates in Michigan

"Despite a push by politicians from former President Barack Obama to Michigan Gov. Rick Snyder to get more people to go to community colleges in an effort to improve the talent base in America and Michigan, the number of completions — those students who either complete a two-year degree or transfer to a four-year school — has remained low."

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Grace's Proposal on Making College Prices Less Expensive

Context

Reference to a current Michigan bill or law that relates in some way to your proposal:

Why this proposal will make a difference in the lives of students of all ages across Michigan, or a significant subgroup (by age, background, economic status, and/or region, etc.) of students in Michigan:

How and where did you learn about the issues underlying your proposal?

Is College to Expensive?

Context

Reference to a current Michigan bill or law that relates in some way to your proposal:

Why this proposal will make a difference in the lives of students of all ages across Michigan, or a significant subgroup (by age, background, economic status, and/or region, etc.) of students in Michigan:

How and where did you learn about the issues underlying your proposal?

Gabby's Proposal on Lowering College Expenses

Context

Reference to a current Michigan bill or law that relates in some way to your proposal:

Why this proposal will make a difference in the lives of students of all ages across Michigan, or a significant subgroup (by age, background, economic status, and/or region, etc.) of students in Michigan:

How and where did you learn about the issues underlying your proposal?

Taylor's proposal on making college affordable

Context

Reference to a current Michigan bill or law that relates in some way to your proposal:

Why this proposal will make a difference in the lives of students of all ages across Michigan, or a significant subgroup (by age, background, economic status, and/or region, etc.) of students in Michigan:

How and where did you learn about the issues underlying your proposal?

Ziqiao Wang and Wenyu Xiong's proposal on Promoting Equal Early Education Opportunities by Improving After-school Activities

Context

Reference to a current Michigan bill or law that relates in some way to your proposal:

"Michigan Alternative Project Delivery Act" completed in 3-3-17 allows a public authority to enter into public-private agreements to develop eligible projects, enter into ancillary agreements to public-private agreements, and exercise eminent domain to acquire property necessary for an eligible project. 

Wenyu Xiong and Ziqiao Wang's proposal on How to Promote Equal Early Education Opportunities by Improving After-school Activities

Context

Reference to a current Michigan bill or law that relates in some way to your proposal:

 

"Michigan Alternative Project Delivery Act" completed in 3-3-17 allows a public authority to enter into public-private agreements to develop eligible projects, enter into ancillary agreements to public-private agreements, and exercise eminent domain to acquire property necessary for an eligible project. 

No polls have been added to this group.