Dive Brief:
- Michigan’s public universities will benefit from funding that would have gone to Wayne State University.
- Wayne State forfeited some of its state funding when it violated a tuition increase cap imposed by the state.
- Wayne State must have run the numbers: The lost state money is much less than the university will receive from its 8.9% tuition hike.
Dive Insight:
The money was a special fund to be distributed on performance metrics such as graduation rates. The extra money for other schools ranged from $4,500 for Lake Superior State University to $124,000 to the University of Michigan in Ann Arbor.