Michigan Reports Students At Its Public IHEs Pay Only Half The Cost

As university students head back to campus, a study released Tuesday showed that most students pay only about half of tuition costs — the lowest percentage in years. The study — released by the Presidents Council, State Universities of Michigan — showed that the cost for an average student to attend a state university was $4,787 in 2010. This compares with the $9,661 average tuition listed in 2010, not including room and board — meaning that students, on average, paid 49.5 percent of the list price. The reduced cost to students is due primarily to university-sponsored, need-based work study and merit-based aid, which in some cases has tripled even in the wake of state cuts, officials said. Read more at:
http://detnews.com/article/20110830/METRO/108300407/1026/