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Thursday, April 21, 2011

Michigan- on the cutting edge

Mich. Senate panel approves cuts to universities - Yahoo! Finance: "Republicans who lead the Michigan Senate appear to be counting on public universities to limit tuition increases next year.

The GOP-led Senate Appropriations Committee approved a bill Thursday along party lines that would reduce state aid to individual universities by 15 percent for the fiscal year that begins Oct. 1. The cut is the same as proposed by Republican Gov Rick Snyder.

But the Senate plan does not include a clause proposed by Snyder that would bring even deeper state aid cuts -- roughly 22 percent -- to universities that don't limit tuition increases to 7.1 percent or less. The proposal now headed to the Senate floor would cap the state aid reduction at 15 percent."

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