University of Michigan Announces Free Tuition Program and Tuition Hike
The University of Michigan will start a program that offers free tuition to in state students whose families make less than $65,000 a year.
The university has said that the free tuition program will not affect the need based financial aid for students coming from families making more than $65,000 a year.
The move is to promote a financially diverse campus, offering opportunities to students who would never be able to afford the rising college costs normally. The program doesn't cover room and board, but there will be financial aid available to help those who need it.
This program is a big step for our broken higher education system. It's not perfect, but the fact that a top tier college like U of M is doing it, should show the rest of the country that it can be done. College costs are ridiculous, and too many students are buried in debt before they even take a class.
The fact is that the system is broken, and hopefully U of M is leading the way toward fixing it with this program.