Posted on Wed, Mar 2, 2011 : 4:01 p.m.
Mary Sue Coleman outlines how University of Michigan contains costs to state legislators
By AnnArbor.com Staff
The University of Michigan has cut $130 million from its budget in the past six years and plans to take another $120 million out by 2017, university President Mary Sue Coleman told state legislators Wednesday, the Detroit Free Press reported.
Coleman, along with university presidents from Grand Valley State University, Ferris State University and Oakland University addressed the House Appropriation Committee on Higher Education regarding funding for public universities. The proposed state budget from Gov. Rick Snyder includes a cut of 15 percent from each university's state appropriation.
“We are a better bargain today than when I came to the university in 2002,” Coleman said.
Comments
Dog Guy
Thu, Mar 3, 2011 : 9:01 p.m.
She could have thanked Ann Arbor taxpayers for their increasing support.
UMaffairs
Thu, Mar 3, 2011 : 7:11 p.m.
While the reports in the paper accurately captured the gist of President Coleman's testimony -- the university is working diligently to control costs and is committed to Michigan students -- the articles were unable to capture her points in their entirety, which may be helpful for those looking for more detail. To learn more about the Michigan Model for Financial Strategy and Cost Control: <a href="http://www.vpcomm.umich.edu/pa/key/budget/" rel='nofollow'>http://www.vpcomm.umich.edu/pa/key/budget/</a>
working poor @ u of m
Thu, Mar 3, 2011 : 4:22 p.m.
Sure it's a better bargin! After the U forces the employees who actually "make blue go" out of their jobs, hire contract labor and give those who make obscene salaries raises in the 14% range..... you would be crazy NOT to think it's a better bargin!
Awakened
Thu, Mar 3, 2011 : 2:09 p.m.
"We are a better bargain today than when I came to the university in 2002," Coleman said. That explains why tutions have decreased each year! Oh! Wait.......
bubbles
Wed, Mar 2, 2011 : 11:38 p.m.
Just imagine how much money Mary Sue could have saved if she and Bill Martin had not gone to Toledo in the middle of the night to make Rich Rod so much RICHER !!!!!
average joe
Wed, Mar 2, 2011 : 10:44 p.m.
The headline kind of over-reaches the content of the article. I don't read "how" the costs were contained.
David Briegel
Wed, Mar 2, 2011 : 10:21 p.m.
A better bargain? Really? Seriously? How so? Hey Rick, just don't look at executive pay. Of course, we know you won't! How about that police chief? Are we still closing Main St? Stadium AND Main?
Joe Serwach
Thu, Mar 3, 2011 : 2:33 a.m.
Here is how The University of Michigan is seriously a bargain: out of state students pay the true cost of their education: more than $30,000 per year. In-state U-M students pay about a third of that actual cost. That's a bargain.Add to that: more than two-thirds of U-M students get generous financial aid packages. That's a bigger bargain. U-M tuition is lower than tuition at Michigan Tech and (when factoring in average aid packages) lower than or comparable to MSU. Meanwhile, private peers like Harvard, Notre Dame, Stanford and others commonly charge $50,000.Those are some of the reasons U-M has been ranked a bargain and a value by national publications.Full disclosure: I am a U-M grad student and have a daughter at U-M so I know what the tuition bills look like.