As mLive reports, “EMU’s 7.8% tuition increase means $1M less in state aid, $10M revenue increase.” Here’s a quote:
The Eastern Michigan University Board of Regents unanimously approved a 7.8 percent tuition increase for students for the 2015-16 school year.
The increase exceeds the state’s recommended cap of 2.8 percent. As a result, the school will forfeit $1 million of its state aid, but officials at the school said it will gain $10 million in revenue from the increase.
It will be interesting to see how this works out, but I have a theory about all this.
If you do a search of EMUTalk.org for the 0/0/0 campaign back in 2010 or so and reflect on what has happened as a result, I think it’s pretty easy to see it wasn’t all that effective. Keeping tuition super-duper low didn’t increase enrollment all that much– maybe a little, maybe not at all. Further, EMU hasn’t been rewarded by the state for keeping tuition down. And to top it all off, to the extent that Martin will take the blame for this, she’s retiring.
So really, what does EMU have to lose here? Other than millions of dollars if they were to hold to the state caps? Like I said, it will be interesting to see how this works out over the next year or so.