Budget deal a blow to colleges
Public universities in Michigan face the collective loss of about $166 million in state grants this fiscal year following a deal by lawmakers Friday to partially balance the state budget. State officials say most of the money will be repaid and the fix is temporary, but universities have absorbed state budget cuts the last six years, adding up to $2,500 less per student statewide. The budget compromise flies in the face of Gov. Jennifer Granholm's plans to double the number of college graduates in Michigan within 10 years, according to Mike Boulus, executive director of the Presidents Council, State Universities of Michigan. "Michigan legislators have balanced the budget on the backs of college students and their parents in this state," he said. President Irvin D. Reid said, "It seems to me the message of the value of higher education has been diminished even further. How do you ask a part of society to help pull out of a declining economy, to re-educate a diminishing workforce, and then give the most severe cut to that entity? It's illogical." There is speculation that the budget cuts could lead to double-digit tuition hikes.