Universities, colleges laud Snyder's proposed spending increases

Tim Goral's picture

State universities and advocates for increased aid to higher education Wednesday hailed Gov. Rick Snyder’s budget that proposed the largest state funding increase in 14 years.

Snyder wants to use part of the state’s $971 million three-year surplus to finance a 6.1 percent or additional $80.3 million for Michigan’s 15 public universities, though the money would be tied to several performance measures and a 3.2 percent cap on tuition increases.

Michigan State University President Lou Ann Simon said the additional investment will go a long way in restoring the state to national and global standing.

Read more