In the news

WSU must reconsider tuition

In his letter of July 27, 2005 to the Detroit News, Wayne State University President Irvin D. Reid is correct that Wayne State has been hit with major state appropriations cuts resulting in budget cuts. (\"Tuition hike needed to preserve WSU\'s role.\") However, not all those cuts hampered the university\'s operations. Surely, discontinuance of cell phone reimbursements for administrative staff, elimination of some senior staff positions in the overgrown administrative structure, consolidation of two colleges, and the elimination of one college\'s administrative structure while maintaining its programs, did not harm WSU\'s quality of education. Over the past decade, WSU has kept its tuition costs far lower than many of the other Michigan public universities. Nevertheless, it should be noted that, in the last five years, Wayne increased its tuition at least 50 percent. Finally, he is right that WSU must provide high quality, as well as affordable, education. So why did I join with two other members of the Board of Governors (Tina Abbott and Richard Bernstein) to oppose the WSU administration\'s 18.5 percent increase -- the biggest increase ever enacted in Wayne\'s 49 year history? The three of us, I believe, wanted a more balanced approach to affordability and quality.

Detroit's future in sharp focus for mayoral race

This article about Detroit 's upcoming mayoral primary election quotes Wayne State Professor George Galster about the city's renewal efforts. \'\'There are certainly some good signs of urban revival in Detroit ,\" said Galster. \'\'But the overall structural problems are worse than ever. It\'s true that we\'ve got 6,000 new jobs downtown, but this city has been losing 10,000 residents a year since the late 1990s. We hit the bottom after the 2001-2003 recession, and unlike the rest of the country, we stayed there. I really don\'t think this city can fix its problems without a wider, regional solution.\"

SEC's Cox May Not Relax Rules, Fines, Disappointing Business

Christopher Cox, the newly confirmed chairman of the U.S. Securities and Exchange Commission, may not offer much regulatory relief to the businesses that backed his 16- year career in the House of Representatives. The Chamber of Commerce proposes that the SEC stop assessing large civil fines against companies and focus instead on punishing individuals. That may be a long shot, as the agency probably will feel pressure to continue imposing hefty penalties as a deterrent, said Peter Henning, who teaches courses in securities litigation and white-collar crime at Wayne State University Law School in Detroit . "People like to see large fines,\'\' Henning said. "That plays well in the media too.\'\'

New drugs offer hope at huge price

A new wave of prescription drugs that offer hope for improved treatment of chronic, debilitating diseases could become a health care tsunami as more of the drugs hit the market and drive up costs. Known as specialty pharmaceuticals, or biologics, the new drugs are targeting such diseases as cancer, multiple sclerosis, rheumatoid arthritis and psoriasis. They\'re credited with providing such benefits as giving some rheumatoid arthritis sufferers the ability to work and dress themselves. James Leisen, head of rheumatology at Henry Ford Hospital and program director for division of rheumatology at Wayne State University , said the biologics he uses to help treat rheumatoid arthritis sufferers get significantly better results than other therapies. \"Twenty years ago, we used gold shots,\" Leisen said. They helped about one-third of patients, he said. \"Then Methotrexate came along in the \'80s. It was a great advance. With Methotrexate, over 50 percent would get better.\"

Skip your vacation? Are you crazy?

This article on the importance of workers taking vacation quotes Mark Ketterer, a professor of psychology at Wayne State University in Detroit . He says more people should take as much vacation as possible because, among many reasons, research shows that death by heart disease is 40 percent higher in people who shun vacations. Most folks who don\'t take all their \"due time\" aren\'t paranoid or nuts, Ketterer says, as much as they are hyperconscientious and committed. \"I think culturally, we\'re nuts,\" he says. \"A friend said the United States is the only country in the world that takes vacations in order to be able to work harder. Everywhere else people work so they can take vacations. The result is to work yourself into an early grave.\"

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Florine Mark, chair and CEO of The WW Group, appeared on Leaders on Leadership, co-produced by Wayne State's School of Business Administration (SBA) and Detroit Public Television. During her interview, conducted by Larry Fobes (SBA and also program host), she talked about turning a personal challenge into a business opportunity with Weight Watchers, then creating and leading a multi-national franchise operation. Wayne State SBA students in the studio audience asked her about her start as an entrepreneur, and her strong commitment to public service. There were also several questions specific to women in business. The program will also air on Wednesday, Aug. 3.

Column: University funding a matter of priorities

The recent big tuition increases should be no shock to university students and their parents given the fiscal choices that have been made since 1999, according to columnist Peter Luke. "If lawmakers won\'t reconsider a half-decade of tax reduction in order to boost state aid for colleges, the universities believe they have no choice but to hike tuition and fees," Luke wrote. Luke added that an upper-middle-class family with an adjusted gross income of $100,000 will pay $500 less in income taxes this year because of the 1999 tax cut that dropped the rate from 4.4 percent to 3.9 percent. An incoming freshman at Michigan State will pay $945 more in tuition this fall.

Detroit Abuzz Before Primary

This article chronicling a day of activity in the city before the mayoral primary included a snippet at Wayne State 's Walter P. Reuther Library. \"I need something on the Purple Gang,\" Ceil Jensen tells Tom Featherstone, an archivist in the audiovisual collection of the Reuther. Jensen of Rochester Hills is assembling a photo book on Detroit \'s Polish community. Like scholars and researchers from around the world each month, she comes to the nation\'s most important repository of documents about the American labor movement. Featherstone\'s department alone has about 2 million photos, 10,000 videotapes, 10,000 sound recordings and 2,500 films.

Granholm: Japanese investment 'crucial'

During her five-day trade mission with Japan , Governor Jennifer Granholm said that it is crucial for Michigan to lure Japanese investment, a new reality of the global economy. Wayne State 's President Irvin D. Reid attended the seminar hosted by the Osaka Chamber of Commerce. Granholm's comments focused on Michigan 's Technology Tri-Corridor and her proposed $2 billion initiative to support high-tech research and commercialization of biotechnology.