Since 2005 U of M Financial Aid Spending Up 1.8 Percent While Tuition & Fees Revenue Up 50 Percent
STATE APPROPRIATIONS TO the University of Michigan dropped from $320,662,000 in 2005 to a projected $279,108,700 in 2014, a loss of a total of 12.9 percent over the past descade—some $41.5 million dollars. Drops in state appropriations to…